Cards & Payments

Indonesia joins Vietnam in slamming non-compliant Chinese e-wallets

E-wallets need to first tie up with local banks before operating.

Indonesia joins Vietnam in slamming non-compliant Chinese e-wallets

E-wallets need to first tie up with local banks before operating.

Philippine banks to roll out electronic fund transfer by end-November

The government aims to boost cashless transactions from 1% to 20% by 2020.

Indonesia moves forward with plan to standardise QR code payments

The central bank has already finished the technical-heavy stage.

How do Asian banks respond to the digital wallet boom?

Their own digital wallets were built around customers’ payment preferences.

Banks in emerging Asia wrestle for e-payments market share against telcos and online upstarts

Indonesian and Philippine banks may lose up to $3.8b and $1.3b respectively as they fail to hold on to their dominance.

Hang Seng Bank launches all-in-one payment collection service for merchants

Merchants may soon accept several payment methods through one integrated point-of-sale terminal.

Singapore banks reign supreme in heating e-payments battle

Early tech adoption will cushion the expected earnings blow from new competitors.

Alipay eyes tie-up with Japanese regional banks to boost coverage

The mobile payment platform has already partnered with Yahoo Japan.

Chinese lenders shore up on e-banking fees in Q2

Electronic banking fees of CCB and ACB surged 60% and 33% respectively.

Australian challenger bank Tyro ties up with Alipay

The move aims to tap into the Chinese visitor market.

Chinese banks shun in-house tech as they turn to Alibaba and Tencent for help

Nearly all mid-sized and commercial banks have tied up with the three tech titans.

Chart of the Week: Which country dominated Asia's cashless charge?

Mature economies like Hong Kong, Singapore, and Korea are leading the way.

Vietnam cracks down on Chinese mobile wallets

Banks are not officially connected to WeChat, making it illegal in the country.

Hong Leong Bank enables merchants to accept WeChat Pay

HLB customers can now bind their debit cards into the Chinese e-wallet system.

Citi ties up with Spotify to enable music subscription via credit card points

The service will be available in Malaysia, Singapore, Philippines, Hong Kong and Taiwan.

HSBC Philippines to enable corporate clients to deposit payroll in local banks

Employees will be able to choose which bank to go to receive their salaries.