online card payments
Cash loses ground as digital wallets dominate Malaysia e-commerce
Cash loses ground as digital wallets dominate Malaysia e-commerce
The government is promoting electronic transactions to improve tax compliance.
4 in 10 APAC firms prefer instant payments for cross border transfers
72% of instant payment use is currently tied to standard customer purchases.
Malaysia’s Public Bank enables Google Wallet payments for Visa card holders
They are amongst first to enable it in Malaysia.
Will Request To Pay displace card payments in the future?
The potential is there, but tech roadblocks prevent wider adoption in the industry.
OCBC launches one-stop travel site ahead of Singapore’s re-opening
Also included with the launch is a credit card focusing on travel.
South Korea card payments up 7% in July despite COVID resurgence
Online card payments are 28% higher than in July 2020.
Hong Leong Bank, Mastercard launch debit card in Cambodia
Until October, 1% of each transaction made using the card will be donated to Kantha Bopha Children's Hospital.
Chart of the Week: Japan’s credit card payments to grow 9.2% in 2021
Easing of restrictions, government support, and the Olympics will support growth.
Pandemic accelerates Singapore’s cashless push by four years: Visa study
About 31% of locals pick contactless cards as their most preferred payment options.
Commentary
Why trust in Asian banking increasingly gets built off the record
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part
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