E-wallets

Grab Shuts Down Investment Business, Users Have Until 13 Oct to Withdraw Funds

Ride-hailing and food delivery superapp Grab announced that it will be shuttering its investment business in Singapore by discontinuing its AutoInvest and Earn+ products. Micro-investment platform AutoInvest is Grab’s first retail wealth management product was formed as a result of

Read More

Grab Partners Circle to Bring Web3.0 Experiences for Singapore Users

Circle Internet Financial and Southeast Asian ride-hailing super app Grab has partnered to pilot Web3.0 customer experiences in Singapore. Grab’s foray into Web3.0 was reported by Fintech News Singapore on Monday (11 September). The article features screen grabs of the

Read More

Grab Integrates Web3.0 Services, Allows Singapore Users to Set Up Wallets

Southeast Asian ride-hailing super app Grab has integrated Web3.0 services into its platform, allowing users to set up Web3.0 wallets, participate in blockchain rewards programmes, and even make payments using NFTs, according to crypto journalist Wu Blockchain. Grab has yet

Read More

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

Read More

YouTrip Users Can Now Link Their Cards to Apple Devices

Singapore’s multi-currency e-wallet YouTrip has rolled out Apple Pay integration to provide its users more options to pay for in-store purchases, online transactions and public transportation. The company said in a statement that its users will now be able to

Read More

Are Super Apps the Path to Success for Indonesia’s E-Wallets?

In recent years, Asia has seen an explosion in the usage of e-wallets, particularly in Indonesia, where transaction values of 33.4 percent year-on-year (y/y) to IDR 407.53 trillion (approx. US$27.63 billion) in 2022.   The popularity of digital wallets has reached such levels

Read More

ZaloPay Becomes First Vietnamese E-Wallet to Partner with Shopify

ZaloPay announced that it has become the first Vietnamese e-wallet provider to partner with Shopify, an e-commerce company headquartered in Canada. Through this partnership, ZaloPay and Shopify aim to promote the “brand.com website model” in Vietnam. This model helps businesses build

Read More

Four E-Wallets Supported by Ant Group’s Alipay+ Now Accepted in Thailand

Chinese fintech giant Ant Group announced that the four mobile wallets supported by its payment system Alipay+ are now accepted in Thailand. These include Hong Kong’s AlipayHK, South Korea’s Kakao Pay, Malaysia’s Touch ‘n Go eWallet, and Mainland China’s Alipay

Read More

Vietnam’s MoMo Rolls Out BNPL Payment Option for Online Apple Store Purchases

Vietnamese e-wallet M-Service which operates under the MoMo brand has begun offering its local customers monthly instalments when they make purchases at the online Apple Store. With this new feature, Vietnamese customers will have the opportunity to shop Apple’s products

Read More

Alipay Transactions Nearly Double in Singapore, Spurred By Surging Chinese Tourists

Alipay, the Ant Group-owned digital payment and service platform, revealed that Chinese tourists in Singapore nearly doubled their total transaction value via its app in Q1 2023, compared to Q4 2022. This surge in growth was attributed to China reopening

Read More