Mobile Payments
Thailand Accelerates Mobile Payments Adoption
Like its ASEAN counterparts, Thailand is pushing for greater of adoption of mobile payments with industry participants, including government agencies, financial institutions and fintech companies, all actively working towards increasing awareness and accelerating adoption. Payments is the largest fintech segment
Read More
Razer’s New South East Asia HQ and Fintech Gameplan
Razer, a lifestyle brand for gamers with a recent foray into fintech, announced its plan for a long-term lease of a new location for its Southeast Asia headquarters based in the technology and media hub of Singapore. The company anticipates
Read More
Apple Pay Now Available on Singtel’s Mobile Wallet, Dash
Singtel’s Dash users can now make payments using Apple Pay at millions of participating online and offline merchants. This integration is made available thanks to a deepened relationship between Singtel and Wirecard a digital payments company. The inclusion of Dash
Read More
GrabPay Eyes Vietnam and South East Asia Digital Payments Dominance as Competition Heats Up
Grab, Southeast Asia’s first decacorn valued at more than US$10 billion, began its humble beginnings as a ride-hailing app but has since evolved into one of the region’s “super app,” providing varied services ranging from food delivering, logistics services, and
Read More
Meet 42 Mobile Payment Players Active in Singapore Right Now
As one of the most highly banked populations in Southeast Asia (Standing at 96.4% of banked adults at 2014), Singapore presents a unique ecosystem in the same region. This is part of why Singapore is popularly deemed as one of
Read More
Is Cambodia The Next Stop for Grab’s E-Wallet?
Following its entry into Cambodia in 2017, Grab seems likely to bring its e-payment app, GrabPay into Cambodia sometime in 2019 as part of the wallet’s Southeast Asian focus. Cambodia and Myanmar are said to be key considerations for GrabPay’s expansion
Read More
Mobile Payments in Vietnam: End of 2018 News Roundup
Cashless payments are booming in Vietnam, more than doubling in value over the first three quarters of 2018. In particular, transactions over mobile apps and digital wallets rose by an impressive 126% and 161%, respectively, according to Department of Payments
Read More
GrabPay Mobile Wallet Will Likely Hit Myanmar in 2019
After Grab’s launch into Myanmar in 2017, the ride-hailing giant intends to follow-up with the expansion of their e-wallet GrabPay, in the ride-hailing giant’s ongoing Southeast Asia takeover strategy. GrabPay is considering Myanmar alongside Cambodia for expansion of its mobile
Read More
In Thailand you can Pay now with your Smartwatch “Garmin Pay”
Siam Commercial Bank has introduced the Garmin Pay contactless payment solution. This has been done in collaboration with CDG Group, sole distributor of Garmin products in Thailand and MasterCard and Visa. With a virtual SCB MasterCard or Visa credit card added to
Read More
GrabPay Wallet Expands in the Philippines
As predicted by Fintechnews the Philippines is the next stop in GrabPay’s expansion in South East Asia. Grab and Philippine-based conglomerate SM Investments Corp (SM) signed a strategic partnership in a bid to expand the GrabPay mobile wallet in the
Read More