Cards & Payments
Axis Bank, Mastercard, launch credit card for business owners
Axis Bank, Mastercard, launch credit card for business owners
Cardholders will gain access to select airport lounges and are offered travel insurance.
Chart of the Week: NZ card payments to reach $75.1b by 2028
The market is expected to grow at a compound annual growth rate of 4.1%.
Funding freeze hits BNPLs
Investors are putting less cash towards BNPL providers, who already grapple with thin margins.
Malaysia, Cambodia launch cross-border QR payment linkage
The initiative’s first phase has concluded as of 19 September.
8 in 10 payment leaders eye tech overhaul, seek to reduce fraud
Leaders from Singapore and Australia name reducing fraud as a key objective.
Siam Commercial Bank provides Android devices to Thai merchants for contactless payments
SoftPOS will give SCB 500 Android devices.
Visa, dtcpay launch card enabling digital currency conversion
The card will be available for public registration in Q4 2024.
SMBC joins Project Agora to explore tokenized cross-border payments
Project Agora involves BIS and seven central banks globally.
Cash remittances from the US, Saudi Arabia, and the UAE grew.
Cash remittances from the US, Saudi Arabia, and the UAE grew.
Is the BNPL market really booming?
BNPL faces consolidation due to rising rates, while growth continues in emerging markets.
Revolving credit on Taiwan credit cards dips in July
This is despite the total active cards rising to 38.36 million.
Tottenham Hotspur taps Ant International as global payment solutions, digital wallet partner
The partnership will also incorporate associated brands Alipay+, WorldFirst, and Antom.
Heymax, Visa campaign drives spike in digital payments
The campaign has also contributed to an estimated carbon savings of 24 to 42 tonnes.
Banks ‘underprepared’ for instant payments: report
Only 30% of APAC banks have a strong tech foundation for instant payments.
YUP raises US$30m in Series B funding round
It will be used for SEA market expansion and the acquisition of an Indonesian banking licence.
Mobile payments by tourists in China rise sixfold
The number of international tourists using mobile payment services quadrupled.
Thailand’s card payments value to reach $94.5b in 2028
The growth rate will ramp up from the 6.2% rise in 2023.
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