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Buy now, pay later gains traction in India
Buy now, pay later gains traction in India
Low credit penetration makes it favourable for BNPL.
Taiwan card payments market to be worth $187.7b by 2025
The market is forecasted to rebound by over 15% in 2021.
APAC’s mobile wallet adoption chips away at traditional payments’ dominance
Mobile wallet adoption in Thailand, Vietnam far exceed those in the US, the UK.
Chart of the Week: Australia card payments value to rebound 8.3% in 2021
The rising use of contactless and e-commerce payments will support the growth of the segment.
Chart of the Week: Thai card payments market to shrink 3.5% in 2021
Recovery is not expected to begin until end-2022, says GlobalData.
BNPL continues to gain traction with Square’s $29b acquisition of Afterpay
Afterpay accounts for 7.7% of Australia’s e-commerce market.
Chart of the Week: Hong Kong’s wealth market to grow 7.8% in 2021
The number of HNWIs is expected to reach 3.9 million in 2021 or 60.6% of the population.
Thought Leadership Centre
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1. The financing challenge behind Asia’s wealth transfer 2. Allianz Global Investors takes over UOB Asset Management 3. OCBC Hong Kong builds executive coaching pool for staff 4. ShopBack and Visa expand tie-up to 20,000 Singapore physical stores 5. OCBC loan growth to moderate in H2 as deal loans fade: RHBResource Center
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Event News
The payment terminal was never the destination; for Payment Asia, it was always the starting point.
Commentary
The financing challenge behind Asia’s wealth transfer
Banks need to rethink identity governance for AI agents
From stablecoins to sovereignty: The rise of trust-based digital dollar systems
Indonesia’s banks need faster fraud decisions as digital payments grow
China’s leasing giants are growing up — and Asia’s banks can’t look away
Adapting to change with confidence
Asia plays part in $129t global credit market pool