Search Results for "NFC "
University of the Philippines Will Launch NFC-Powered ID Cards That Double as a Cashless Payment Card
Soon, students and employees in the University of the Philippines (UP) will say goodbye to the typical barcoded ID cards and instead be given ID cards with radio frequency identification (RFID)/near-field communication (NFC) capabilities. The University has signed a memorandum
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Maybank Singapore Adds JCB Cards to Accepted Payment Methods
Japanese credit card company JCB International has expanded its card acceptance network through a partnership with Maybank Singapore. This collaboration enables JCB cardholders to use their cards at Maybank’s merchant terminals in Singapore, adding to the existing acceptance in Malaysia
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5 Top Payment Trends Impacting Asia in 2024
The Asian payment landscape is evolving rapidly in 2024, driven by advancements in technology, changing regulatory frameworks, and shifting consumer behaviours. This evolution presents a fascinating panorama of trends that are set to redefine the way financial transactions are conducted.
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Global Payments and Visa Launch Mobile Tap Payment Solution in Singapore
Global Payments Inc. and Visa have launched Mobile Tap, a payment solution allowing sellers in Singapore to process payments via smartphones, eliminating the need for extra hardware. The solution uses Visa’s Tap to Phone (TTP) technology and is available to
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Fintech Basics: What Is an E-wallet?
The financial sector has always been on the frontline of technological advancements. From the invention of paper money to the introduction of credit cards, each new development has promised to make transactions smoother, faster, and more secure. In the 21st
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A Snapshot of Major Real-Time Payments Networks in Asia
Real-time payments are transactions made between bank accounts, processed, cleared, and settled within seconds, o any given day or time. The FIS Global Payments Report 2023 highlights the Asia Pacific region as a global frontrunner in real-time payments, propelling account-to-account
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Can the Financial Industry Afford to Ignore ESG Principles?
As the world undergoes rapid changes, businesses in the banking, financial services, and insurance (BFSI) sectors are also expected to adapt to new norms. Environmental, social, and governance (ESG) principles have become more than an option and are now essential
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Fintech on the Rise in Kazakhstan Driven by Digital Payments and Super-Apps Adoption
In Kazakhstan, the fintech industry is growing at a fast pace, driven by rapid adoption of digital payments, ecosystem services and super-apps, among other digital financial services, a new report by Fintech Consult, MOST Ventures and RISE says. Moving forward,
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Stripe Rolls Out Tap to Pay For Android Devices in Singapore
Stripe, a payments and financial services providers for businesses, has expanded the Tap to Pay feature for NFC-enabled Android devices to ease contactless in-person payments. The feature is already available for iPhones. The feature is currently available in beta on
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Crypto as Part of the Future of Payment Cards
The payment card industry has been evolving over the past few decades. And although traditional payment card was designed long before the internet and crypto, it has a place in the emerging financial ecosystem. In this article, we’ll look at
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