Cards & Payments

HSBC SG unveils blockchain workflow solution for property developers

It enables developers to fully automate their payments and digitalise their workflows.

HSBC SG unveils blockchain workflow solution for property developers

It enables developers to fully automate their payments and digitalise their workflows.

ANZ pays A$15m fine for excessive credit card advance fees

ANZ reportedly breached the ASIC Act and the National Consumer Credit Protection Act.

10 overseas e-wallets now usable in China

Alipay+-in-China’s programme added seven new Asian e-wallets.

JCB, Indonesia’s BNI launch credit card with focus on dining

Cardholders will get a $974 cashback if they spend $9,750 across a certain period.

170 int'l wallets accepted by UnionPay, China

Hong Kong and Macau residents can now use UnionPay App, Octopus card, and BoC Pay.

APAC leads globally in terms of cashless transactions – Survey

Evolving risks like geopolitics and cybersecurity are a call for better cash management services.

YouBiz unveils multi-currency corporate cards in Singapore

The card can be issued in 9 currencies without FX fees or monthly subscription fee.

Australia’s Zip teams up with Primer to accelerate US expansion

Primer is expected to help drive distribution of Zip’s BNPL services in the market.

Citi makes new appointments in APAC treasury and trade business

Sumanta Panigrahi is the new APAC TWCS head, whilst Thus De Silva is the new APAC head of commercial cards.

ASIC to take PayPal to court for unreasonable term in SME contracts: Report

The regulator sees it unfair for PayPal to put a penalty over its own overcharging errors.

Alipay+ touches down in the Philippines revealing three new mobile wallets

It will be made available to merchants in Manila and Cebu.

Indonesia, Malaysia, Thailand ink MOU for cross border bilateral transactions

The new framework is expected to synergise with cross-border payment initiatives.

PayPal is most popular digital payment option in Asia: study

In the BNPL space, Klarna, Atome, and Afterpay are the region’s most popular choices.

India’s card payments market to rise 28.6% to $337.1b in 2023

Consumers in India are increasingly embracing electronic payments, GlobalData said.