Cards & Payments

AUB launches Mastercard QR card payment solutions in the Philippines

AUB PayMate merchants can now accept Mastercard payments through QR codes.

AUB launches Mastercard QR card payment solutions in the Philippines

AUB PayMate merchants can now accept Mastercard payments through QR codes.

UnionBank to buy Citi’s Philippine consumer banking franchise for $908m

Around 1,750 Citi employees are expected to transfer to UnionBank.

India’s card payments market to grow 31.2% in 2022

Growing adoption of electronic payments will help push up the card market.

UOB’s Indonesian digital bank arm launches buy now pay later services

TMRW Pay offers deferred payments with zero-interest for up to 90 days.

Buy now, pay later gains traction in India

Low credit penetration makes it favourable for BNPL.

Global payments firm Nium names COO as co-founder

This is in recognition of his significant contributions to scale Nium’s global operations.

Banking woes dampen Singapore MSMEs overseas ambitions 

Only 2 in 10 Singapore micro-multinationals think banks offer value for money.

Buy now, pay later more needed in markets with credit under penetration: UOB TMRW exec

It’s not as urgent as other markets with credit under-penetration, says TMRW Digital Group CCO.

Philippine financial regulator mulls offline digital payment solutions

The move is part of the BSP’s Digital Payments Transformation Roadmap.

Is cash still king? Digital payments eroding cash’s dominance in SEA

Internet economy in SEA has propelled digital payments further.

New Zealand’s card payments market to rebound 10.3% in 2021

The market is expected to top $83.2b in four years’ time.

SMEs are the lifeblood of Asia Pacific: Mastercard

Hence, Mastercard launched the world’s first BNPL commercial card solution for SMEs.

Online shopping drives expansion of alternative payments’ use in APAC

China’s alternatives will account for 70% of e-commerce transaction value in 2021.

What do SMEs expect from modern payment solutions?

ABF spoke with industry experts from Mastercard, Enterpryze, Boku, and Xfers to learn more.

Wider adoption of e-CNY poses risks to China’s banking system: Moody’s

Digital renminbi will test banks’ ability to address risks.

Singapore: Yes to wholesale, skeptical on retail digital fiat money

SG’s regulator remains iffy on cryptocurrencies—or, in MD Menon’s words, crypto tokens.

Mastercard sets its sights on SMEs with new BNPL commercial card solution

The Pay & Split provides SMEs with the first-of-its-kind, network-based, open-loop payment solution.