E-wallets
Momo’s 31 Million Users Can Now Receive Western Union Money Transfers
Vietnamese e-wallet M-Service which operates under the MoMo brand announced that it has enabled its customers to receive Western Union money transfers on its app. MoMo said in a press release that it is the first super app in Vietnam
Read MoreShopeePay Now Available as Payment Option for Apple Services
Shopee’s integrated mobile wallet ShopeePay is now available as a payment method for Apple services in Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam. Customers can use their ShopeePay account to pay for App Store, Apple Music, Apple TV app, iTunes
Read MoreVietnam Ditches Cash: More Consumers Opt for Cashless Payments
Cashless payments in Vietnam have seen rapid growth in popularity as a growing number of Vietnamese consumers seek more efficient and secure ways to manage their finances. From contactless card payments to mobile wallet transactions, the range of cashless options
Read MoreIn Vietnam, Rural Adoption Is the Driving Force for Cashless Payments
In 2022, cashless payments continued to see increased usage in Vietnam, carrying on a trend that accelerated with the COVID-19 pandemic. This trend is emerging at the expense of cash usage which continued its decline last year. In 2022, non-cash
Read MoreSamsung Wallet Begins Roll Out in Singapore and 7 Other Markets
Samsung Wallet will be rolled out in eight new markets, including Singapore, Malaysia, India, Hong Kong, Taiwan, Australia, Brazil, and Canada starting at the end of January. The wallet is a platform that enables Galaxy users to organise digital keys,
Read MoreTop 5 Most Popular Financial Super Apps in Asia
In Asia and elsewhere, financial super apps (also known as fintech super apps) are mobile applications that offer a wide range of financial services, including banking, investment, and insurance. These apps have gained popularity in recent years due to their
Read MoreGoogle Wallet Lands in Vietnam, Thailand and Malaysia
Google Wallet has now been extended to three additional Southeast Asian countries – Vietnam, Thailand and Malaysia – making it available in 57 countries total. In Vietnam, the feature is currently only supported for Visa cardholders while Mastercard will be
Read MoreReuben Lai Is the Latest in a Series of High Profile Exits for Grab’s Fintech Business
GXS Bank (GXS)’s executive director and Head of Regional Office, Reuben Lai, has decided to leave the Bank at the end of 2022. Along with his resignation as an executive director, Reuben will be stepping down from his appointment as
Read MoreSuperapp Grab Promotes Suthen Paradatheth to Group CTO
Southeast Asian superapp Grab announced that it has promoted Suthen Thomas Paradatheth to Group Chief Technology Officer (GCTO), effective 1 October 2022. Suthen will be responsible for driving Grab’s technology vision, strategy and execution across its deliveries, mobility, and financial
Read MoreGoogle Wallet Is Now Available in Singapore as a Standalone App
Google Wallet is now available as a standalone app for the Singaporean users as a complementary experience to Google Pay. This digital wallet for Android and Wear OS standardises the way users save and access essential items such as vaccine
Read More