Mobile Payments

China: ApplePay Struggles to Take Off Amid Fierce Competition / Launch in Singapore

The mobile payments industry is expected to become a US$142 billion market by 2019, according to PricewaterhouseCoopers, a trend that has led to the emergence of a great number of mobile payments systems. Apple Pay, which launched in the US

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Mobile Social Network VisiKard Lets You Pay and Manage Your Money On-The-Go

As commerce goes mobile and social networks become funnels for payments, the lines between social media, payments and mobile are starting to blur. This trend has led to the emergence of a new type of services that are blending payment

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Singtel Launches Singapore’s First All-in-One Mobile Payments Solution

Singtel today unveiled a new version of its popular mobile payments app, Singtel Dash, in conjunction with the launch of the Singtel Transit NFC SIM. Singtel Dash is Singapore’s first all-in-one mobile payments solution – offering fast and secure transit

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Mobile Banking Surges in Asia

Mobile is already the largest banking channel by volume of transactions and its adoption by new customers is entering an exceptionally rapid phase. A survey (pdf) by McKinsey and Company found that across ASEAN (Singapore, Malaysia, Brunei, Cambodia, Indonesia, Laos,

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Fintech in Vietnam: Mobile Payment Space Ripe for Rapid Growth

The mobile payment space in Vietnam is ripe for exponential growth and there are three main factors supporting the trend: the relatively young population (42.1% are under 25 years old), the rate of smartphone penetration surpassing 50%, and the majority

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Customers Willing to Shift to Mobile Money for International Transfers

Mobile international money transfer services have significant potential to gain traction and market share as 92% of consumers are willing to ditch traditional money transmitter services for a mobile method, according to a new survey. Entitled ‘Mobile Financial Services Consumer

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Drastic Shifts in Behavior is Boosting Mobile Banking in Southeast Asia

Digital banking has become a serious business trend as Asian consumers are becoming more and more comfortable with using mobile and Internet channels for banking services. According to a report from McKinsey, the use of mobile and Internet channels for

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The Growing & Untapped Myanmar Mobile Payment Market

Myanmar is an untapped and growing market that has surprisingly quick uptake of mobile phones which opened the door for mobile payment.  We explain how Myanmar’s mobile payment system works from behind the scenes and for the ordinary citizen. There are 4

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Samsung Pay Coming to Singapore and Vietnam

South Korea’s tech giant Samsung Electronics Co. Ltd. is expanding its mobile payment system to Singapore, Australia and Brazil, the firm announced yesterday at its CES 2016 press conference. #SamsungPay will be coming soon to Australia, Singapore and Brazil in

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Apple Pay Teams Up With Amex To Launch In Singapore

Apple is partnering with American Express to bring Apple Pay to “key global markets,” Apple CEO Tim Cook announced during the earnings call for the fourth fiscal quarter of 2015. According to Amex, Apple’s digital wallet and mobile payment service

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