Mobile Payment

Phillippines’ Central Bank Sets June 2020 Deadline for Industry to Adopt QR Standard

In line with its thrust of ensuring the efficiency of payment systems in support of inclusive economic development, the Monetary Board has approved a policy requiring the adoption of a National Quick Response (QR) Code Standard for payments. The QR

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Vietnamese E-Wallet Smart Pay Strengthens Security with Level 2 PCI-DSS

On the 27th September 2019 SmartPay is officially qualified for Level 2 of PCI DSS (Payment Card Industry Data Security Standard) by Crossbow Labs. Since its launch, SmartPay has committed to maintaining rigorous data security standards to ensure that their

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Mobile Money: How Singapore Compares to the Rest of the World

Mobile money has changed the face of finance since the concept was pioneered in Kenya nearly 20 years ago. We can broadly define mobile money as any monetary value stored on a mobile device, be it a feature phone or

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Razer Fintech Appoints Ex-DBS Chairman to its Board

Razer Fintech, the financial technology arm of Razer Inc has appointed Koh Boon Hwee as a member of Razer Fintech’s Advisory Board. Koh was formerly the Chairman of DBS Bank. He has also served as Chairman of blue chip corporates

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South East Asia Largest Online Travel Startup Aims To Issue 5 Million Payment Cards by 2025

Traveloka and Indonesia’s Bank BRI entered into a partnership to launch PayLater Card. The card can be used in Indonesia and around the world for both online and offline transactions by leveraging the network of Visa. Henry Hendrawan, President, Traveloka

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DBS Eyeing More Features to Double Their User Base to 3.5 Million in 2023

DBS announced that it aims to double its existing user base of 1.6 million to 3.5 million by 2023 for its mobile wallet DBS PayLah!. To achieve this, the bank will over the course of 2020 integrate its DBS Lifestyle

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Liquid Group Eyeing to Support Cross-Border QR Payments in 10 Asian Markets

Liquid Group, Singaporean based payments company, announced today that it has expanded its cross-border QR payment acceptance partnerships to include acquirers across 10 markets in Asia including Singapore, Malaysia, Indonesia, Thailand, Cambodia, Philippines, Hong Kong, China, Taiwan and South Korea.

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Razer Fintech Appoints Ex-GIC President to its Board of Advisors

Razer Fintech, the financial technology arm of Razer Inc has appointed Lim Siong Guan as an Advisory Board member. Recognised globally as a thought leader in the global financial services industry, Lim’s vast experience and extensive network will add tremendous

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New Wallet in Vietnam: SmartPay Acquires More Than 200,000 Users Since Its Launch

Launched by Smartnet in May 2019, SmartPay acquired over 200,000 users and 3,000 merchants across Vietnam. Different types of merchants have been joining SmartPay to accept mobile payments – from individual entrepreneurs and street food vendors to food and beverage

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Flywire and VPBank Partner on International Tuition Payments for Vietnamese Students

Flywire and VPBank announced a new partnership that will simplify international tuition payments for Vietnamese students. Working together the companies are addressing the unique requirements and nuances of the Vietnamese market and ensuring compliance with local regulations while offering students and

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