Cards & Payments

DBS unveils loadable QR Ang Bao for Chinese New Year

They will be available from 25 January and can be used until 15 March.

China delays Visa and Mastercard entry as Unionpay remains unchallenged

The central bank has yet to issue formal acknowledgment.

HSBC enhances credit card rebate programme in Taiwan

It will allow cardholders to exchange every NTD from cash rebate for two airline miles.

Kasikornbank ties up with Japan mobile chap operator Line

The bank will tap on the latter's 44 million users to grow personal loans.

Thailand mulls harsher stance against cash transactions

Banks are considering additional fees as it aims to speed up e-payment adoption.

Citi adds full Apple product suite to rewards redemption platform

It is initially available in Australia, Hong Kong, the Philippines and Thailand.

India's mid-sized banks hop on personal lending bandwagon

Personal loan balances are expected to grow at a CAGR of 16% for 2018-2022.

UOB forges digital payments service alliance with Grab

Customers can pay and top up their GrabPay wallets directly from their UOB bank accounts.

Banks are putting up a fight against China's tech titans

Although the amount of nonbank third-party payment skyrocketed 480% from 2014-2017, mobile payments by banks rose by 798% over the same period.

DBS Taiwan unveils credit card for everyday purchases

Cardholders earn one reward point for every NT$5 spend and points have lifetime validity.

Malaysia moves to enable money transfer via mobile number

Users can transfer money through DuitNow by December.

Chart of the Week: APAC eats up global payments pie but lags in electronification

The region's e-payment transactions are up to 65% lower than Europe's.

Sibos 2018: APAC fuels global payments boom with $900b in 2017 revenue

Strong balance growth in China is cementing the region's dominance.