Cards & Payments
Alipay’s QR payment tap solution surpasses 100 million users
Alipay’s QR payment tap solution surpasses 100 million users
Ant Group said that it is investing CNY10b to grow the Alipay Tap! ecosystem.
Thailand’s credit and charge card payments to rise 7.1% to $65.6b in 2025
Benefits such as rewards points, discounts, and cashbacks helped push for its growth.
Payment infrastructure provider Juspay offers new office in Singapore
It shared plans to scale its Singapore team.
Compliance and legacy systems stall B2B payment shift
Retail drives digital payments as B2B adoption lags.
Revolut rolls out five new currencies including Chinese Yuan
Users can now hold and exchange 39 different currencies directly in-app.
Ant International boosts SME treasury tools with World Card launch
The physical card will be launched later this year.
Thailand’s finance sector expected to log 5% net profit rise in Q1
However, most finance companies will likely miss loan targets
Visa, USSC Money Services enable Visa Direct for cross-border B2B payments
Visa Direct facilitates transfer of funds to eligible cards, bank accounts, and wallets.
Money transfer firm Wise hiring hundreds of roles in Hyderabad
It will launch a new hub in the city in the second half of 2025.
JCB expands payment acceptance to Apple services of 7 Asian markets
Cardholders can now pay for their Apple purchases in these seven markets.
Aleta Planet unveils digital payment app for Muslim merchants
It offers no transaction fees for 24 months and cashbacks for merchants.
Instapay and Mastercard enable near-real time remittance to 6 Asian countries
It will enable 3 million migrant workers in Malaysia to remit funds in local currencies.
Philippine central bank gears up for instant cross-border transfers
Monetary authorities in Asia are about to bring Project Nexus to market.
HSBC Singapore launches premium credit card for wealthy clients
It offers perks such as access to private clubs and members-only lounges in APAC, Europe, and the US.
Hyundai Card leads Korea’s credit card sales with PLCC dominance and data science
It holds a 78% market share in the private label credit card sector.
MoneyHero partners with BPI to expand credit card offerings
Users can compare more than 20 credit card options in MoneyHero’s platform.
Commentary
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance