Mobile Payments
What is The Most Popular E-Wallet in Thailand?
In Thailand, usage of e-wallets continues to gain in popularity, driven by infrastructure enhancements, real-time payment efforts and a push from the government to promote a move towards cashless transactions. Usage of cash carried on its decline last year, accounting
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DBS PayLah! Users Redeemed More Than 1 Million Meal Subsidies in Less Than 3 Months
More than one million hawker meal subsidies have been redeemed by Singapore residents in less than three months since DBS rolled out its ‘5 Million Hawker Meals’ scheme. DBS offered cashbacks of up to SGD 3 to the first 100,000
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Mastercard Unveils On-Chain ID Framework for Web3 Payments
Mastercard has partnered with Web3 players on an on-chain identity and verification framework, focusing on payments, remittances, ticketing, and NFTs. The Mastercard Crypto Credential is designed to help companies, developers, and individuals to unlock the full potential of powering payments,
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Stripe Expands Financial Suite to Boost APAC Businesses
Stripe, a payment services provider, has expanded its revenue and finance automation suite to Asia Pacific. The suite aims to streamline cash flow management for businesses by integrating billing, tax, reporting, and data services into one modern stack, eliminating the
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This Messaging App With 73M Users is Emerging as Vietnam’s 2nd Most Used E-Wallet
Studies conducted by market research and analytics company Decision Lab, in partnership with marketing trade association MMA Vietnam, have revealed that ZaloPay is now the second most popular e-wallet service in Vietnam. Over the past three quarters, ZaloPay was used
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How Gen-Zs Are Redefining Payments
Southeast Asia’s payment ecosystem is undergoing a profound transformation, fueled by rapid adoption of digital payments, modernization initiatives by governments and a burgeoning consumer base of mobile-first young adults with new habits and expectations, a new blog post by payment
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American Express Sets up New Innovation Center in Singapore
American Express has set up a new Decision Science Center of Excellence (CoE) in Singapore with the aim to deliver global data-driven solutions. Initially the center will be focused on data science applications in the areas of credit and fraud
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Buy Now Pay Later (BNPL) Gaining Momentum in Thailand
Buy now pay later (BNPL) has been picking up steam among curious consumers in Thailand. This type of financing has grown in popularity because it is seen as a more flexible and consumer-friendly alternative to traditional credit products. It is
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Making Sense of Fintech Fraud in APAC
As technological advances significantly change people’s daily lives, the benefits from these advances essentially boil down to one aspect, convenience. Technology has allowed business and social activities to expand and remain primarily online. This includes transactional decisions from purchasing tangible
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E-Commerce Boom Propelling Digital Payments Adoption in Southeast Asia
Southeast Asia (SEA) is experiencing exponential growth in digital payments encouraged by a booming e-commerce scene. The region is now home to some of the world’s largest online marketplaces in some of the fastest-growing economies like Indonesia, Malaysia, Singapore, and
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