Mobile Payments
DBS’ Report: Asia at the Forefront of the Digital Currency, Payments Revolution
Asia is the largest market for digital payments and will maintain its leading position with an estimated 16% compounded annual growth (CAGR) rate through the first half of this decade, according to a new report by Singapore’s DBS Bank. In
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Philippines’ RCBC and DTI To Enable Digital Payments For Micro-Businesses
Rizal Commercial Banking Corporation (RCBC) and the Department of Trade and Industry (DTI) has partnered to create DiskarTech’s NegosyanTech programme to digitalise community-based microenterprises in every barangay nationwide through partnership and ecosystem building. More than 1.3 million sari-sari stores (a
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Asia is Emerging as a Paytech Powerhouse
Fueled by surging mobile and Internet penetration rates, rising fintech adoption and the huge amounts of funding being injected into the sector, Asia is rapidly emerging as a paytech powerhouse. What is paytech Like other financial verticals, the payment industry
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Grab Expands Suite of Financial Product to Include Micro-Investment Platform
Grab Financial Group (GFG), the fintech arm of Grab today announced the launch of a suite of financial products. The three main products GFG is launching under their new strategy dubbed as ‘Thrive with Grab’ are a micro-investment platform named
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Mastercard Accelerates Cryptocurrency Program for Crypto Card Issuers
Mastercard announced the expansion of its cryptocurrency program by inviting cryptocurrency firms to join their Accelerate program. The partnership makes it simpler and faster for the parties involved to bring secure and compliant payment cards to market. The program provides
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Steps to Go Cashless With UQPay as We Overcome COVID
As we embark on the second of the three-phased approach to resume economic activities safely, many businesses in Singapore are still expected to experience significant challenges due to the series of restrictive measures and health advisories implemented to ensure the
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GrabPay Philippines Enables Instant Fund Transfers with InstaPay
GrabPay announced today the introduction of instant fund transfers in the Philippines within its e-wallet. This new feature is made possible thanks InstaPay, an initiative from Bangko Sentral ng Pilipinas (BSP) to enable payment interoperability. The introduction of this feature
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Philippines’ Department of Agriculture Enlists PayMaya for Loan Disbursement
The Department of Agriculture’s has announced the use of PayMaya, a mobile wallet under the purview of PLDT, to disburse loans for their Kapital Access for Young Agripreneurs (KAYA) financing program through the “KAYA” cash card. The initiative was formally
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Click to Pay: Mastercard Expands Passwordless Digital Checkout in Singapore
As Singapore shifts rapidly to digital commerce, Mastercard introduces Click to Pay a payments solution with an online checkout that that eliminates passwords, protects data with smart security and makes transactions a breeze with just a few clicks. Due to the
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Where Does The Future of Payments Lie For South East Asia?
The payment space in South East Asia is a hotbed for innovation with many players vying for a piece of the action, we’re seeing many exciting things happening in this space from interoperable QR payments to central bank-backed digital currencies.
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