Cards & Payments

UOB, Visa, SG fintech Doxa to facilitate quicker payments for contractors

JTC and Kimly have joined the trials in the Doxa Connex platform to simulate payments.

Mastercard can commence domestic bankcard clearing activity in China

This follows after authorities first approved Mastercard NUCC’s application in 2020.

Mastercard, NEC to offer in-store biometric payments in APAC

This follows Mastercard’s Biometric Checkout Program, launched in Brazil in 2022.

UnionBank releases four new credit cards with various benefits

Interested users can choose from retail, cost-saving, travel, and luxury types of credit cards.

Payments fintech YouTrip raises US$50m in Series B round

The firm is gearing up to expand in Indonesia, Malaysia, the Philippines, and Vietnam.

Shanghai’s Fuiou Pay, Visa team up to offer cross-border funds collection, settlements

Customers can now access more than 30 currencies at competitive FX rates.

How can financial institutions build customer loyalty in the modern era?

It’s no longer just about giving perks, but about offering experiences, industry leaders said.

Alipay+ now available for use in Sri Lanka

The app can now be used for payment in over 400,000 LankaQR merchants.

Philippines on track to meet digital payments goal: central bank 

Nearly 4 in 10 Filipinos now have e-money accounts, says Deputy Governor Tangonan.

Golden Week drives Alipay spending by Chinese tourists

The average spending has surpassed pre-COVID-19 levels

Fintech funding in SEA freefalls 74% in Q3

Rising interest rates, macroeconomic factors, and fear of reduced startup valuation caused this downfall.

Vietnam records 103 million domestic cards, emphasises cashless scheme

The government has been promoting a cashless payment scheme in line with its national financial inclusion strategy.

Alternative payments dominate India’s e-commerce payments

Mobile and digital wallets make up 58.1% of all e-commerce payments in 2023.

JCB unveils special Hokkaido shopping offers for foreign cardmembers

JCB cardmembers with plastics issued outside Japan will enjoy special shopping offers.