E-wallets
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 MoreAre 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 MoreZaloPay 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 MoreFour 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 MoreVietnam’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 MoreAlipay 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 MoreMomo’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
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