Mobile Payments

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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8 “Top” Mobile Payment Providers in Vietnam

Mobile Payment in Vietnam: Boosted by the rising of Internet and smartphone penetrations, online commerce and m-commerce are expanding their reach in Vietnam. According the International Finance Corporation (IFC), a member of the World Bank Group, m-commerce, led by social

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Singtel and SCB’s Dash Seeks to Reinvent How Singaporeans Pay, Save and Borrow Money

Released in June 2014, Dash is a mobile banking service from Singapore Telecommunications Ltd. (Singtel) and Standard Chartered Bank (SCB) that aims to reinvent the way Singaporeans access, save and borrow money, make payments and purchase insurance. Essentially, Dash consists in

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Fastacash Invests in MyPay, Announces Payments Via Social Network in Myanmar

Fastacash, a Singaporean fintech startup focused on mobile payments, has invested in MyPAY to tap into the Burmese market. MyPAY, which is developing a mobile payment system, has partnered with MySQUAR, a social network in Myanmar, to enable 1.5 million

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MatchMove Pay To Tap Into Southeast Asia’s Remittance Market, Hyperledger Wins Innotribe Startup Challenge

Exciting things are happening in Singapore. In case you missed it last week, MatchMove Pay, one of the hottest fintech startups in Southeast Asia, was granted a remittance license from Singapore’s central bank to tap into Southeast Asia’s juicy remittance

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