Mobile Payments

SmartPesa and Visionet Pushes for a Cashless Indonesia with mPOS

Singaporean based SmartPesa recently entered into a partnership with Indonesian banking vendor PT Visionet Data Internasional to jointly launch Mobey. Mobey is described to be mPOS and agent banking solution designed with the intention to tackle challenges of limited infrastructure

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Vietnam: Rise of E-Commerce Paving the Way for Digital, Mobile Payments Boom

Although Vietnam remains a cash-dominant economy, evidences suggest that digital and mobile payments are rapidly growing. According to Harmander Mahal, head of retail banking at Standard Chartered Bank Vietnam, the rise of e-commerce in Vietnam is paving the way for

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Cambodia Sees Growing Mobile Payment Industry

While cash remains the undisputed king in Cambodia, the growth of digital transactions and mobile payments is providing tremendous opportunities for fintech ventures and solutions to serve the unbanked and transform the country’s financial landscape. High mobile phone usage and

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Instead of Loose Change, Cheers Shoppers Can Transfer Change into EZ-Link Card

Wirecard announced that they’ve extended their partnership up with EZ-Link and Cheers. Now cardholders purchasing goods at select Cheers stores can elect to transfer any change to their EZ-Link card for free. Due to a longtime monopoly that was only

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Despite Much Support, Cashless Indonesia Faces Many Obstacles

Indonesia’s cashless experiments in Jakarta has yielded interesting results. By 2017, many of the industry’s observers were already discussing the possibility of Indonesia transforming into a cashless nation, and this impression has held on until this year. And transportation is

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WAITRR Shakes Hands with UQPAY

Recently, UQPAY went into a strategic collaboration with WAITRR, Singapore’s largest O2O mobile ordering platform. Based on its robust portfolio, innovative development and fusion technology, UQPAY providesWAITRR with comprehensive payment solutions. WAITRR, a dark horse in Singapore’s mobile ordering industry

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Flywire Raises US$100M Led by New Investor Temasek

Flywire, a company that solves complex payment problems for leading businesses and institutions, announced US$100M (SG$136.2M) in new venture funding. The SeriesD round was led by Temasek, an investment company headquartered in Singapore, and joined by existing US-based Flywire investors

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Singapore Airlines Launches Rumoured Blockchain-Based Digital Wallet, KrisPay

After rumours abound, and the launch of e-wallet BigPay by Air Asia from across the Causeway, Singapore Airlines has finally made their own e-wallet app available for download on iTunes. The KrisPay platform was intended to digitalise the KrisFlyer frequent flyer

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UOB’s Latest Partnerships Reveal the Bank’s Strategy to Stay Relevant

An e-wallet and an artificial intelligence solutions company combines with a traditional bank. United Overseas Bank Limited (UOB) is recently attempting to keep abreast of current banking trends by striking relationships with more agile fintech companies. It has been said

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Contactless Technology Powered 50 % of Purchases at 2018 FIFA World Cup Russia

Visa the Official Payment Services Partner of FIFA, released an analysis of spending inside the 2018 FIFA World Cup Russia stadiums from the opening match on June 14 through the semi-finals on July 11. The data highlights the increased consumer adoption of innovative

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