Mobile Payments

Meet 42 Mobile Payment Players Active in Singapore Right Now

As one of the most highly banked populations in Southeast Asia (Standing at 96.4% of banked adults at 2014), Singapore presents a unique ecosystem in the same region. This is part of why Singapore is popularly deemed as one of

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Is Cambodia The Next Stop for Grab’s E-Wallet?

Following its entry into Cambodia in 2017, Grab seems likely to bring its e-payment app, GrabPay into Cambodia sometime in 2019 as part of the wallet’s Southeast Asian focus. Cambodia and Myanmar are said to be key considerations for GrabPay’s expansion

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Mobile Payments in Vietnam: End of 2018 News Roundup

Cashless payments are booming in Vietnam, more than doubling in value over the first three quarters of 2018. In particular, transactions over mobile apps and digital wallets rose by an impressive 126% and 161%, respectively, according to Department of Payments

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GrabPay Mobile Wallet Will Likely Hit Myanmar in 2019

After Grab’s launch into Myanmar in 2017, the ride-hailing giant intends to follow-up with the expansion of their e-wallet GrabPay, in the ride-hailing giant’s ongoing Southeast Asia takeover strategy. GrabPay is considering Myanmar alongside Cambodia for expansion of its mobile

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In Thailand you can Pay now with your Smartwatch “Garmin Pay”

Siam Commercial Bank has introduced the Garmin Pay contactless payment solution. This has been done in collaboration with CDG Group, sole distributor of Garmin products in Thailand and MasterCard and Visa. With a virtual SCB MasterCard or Visa credit card added to

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GrabPay Wallet Expands in the Philippines

As predicted by Fintechnews the Philippines is the next stop in GrabPay’s expansion in South East Asia. Grab and Philippine-based conglomerate SM Investments Corp (SM) signed a strategic partnership in a bid to expand the GrabPay mobile wallet in the

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17 E-Wallets in The Philippines You Should Know

“A way to carry your money inside your cellphone”. This is perhaps the simplest meaning of an e-wallet as defined by Philippine-based mobile money service GCash. For the past few years, different companies such as telcos, banks, fintech startups, financial

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What Does the New Payment Services Bill Mean for Singapore?

The Payment Services Bill which was recently submitted for first reading to Parliament is part of the Monetary Authority of Singapore’s bid to create a regulatory framework that is more conducive for innovation in payment services. This follows their earlier

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UOB Joins the Mobile Cross-Border Remittance Bandwagon with UOB Mighty

It appears that Grab is not the only one that is honing in their focus on mobile cross-border remittances, incumbents seems to be unwilling to be left out of the game. UOB announced that they have successfully completed a cross

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Vietnam Messaging App Zalo: A Super App which might be bought by Facebook in 2020

Following on the lead of other “super apps,” Zalo has been integrating new functions into its app, including a payment platform called Zalo Pay, which was introduced last year. Launched in 2012, Zalo is Vietnam’s premier chatting platform, with more

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