Mobile Payments
Grab Food and Grab Credits/Pay Arrive in Vietnam
With their newest services, GrabFood and GrabPay, the Singapore-based company is set to break into the lucrative food delivery and e-payment markets in Vietnam, taking advantage of their popular ride-hailing app to connect millions of users to drivers, restaurants and
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Citi Launches Apple Pay in Singapore and Hong Kong
Citi brings its credit card customers in Singapore, Hong Kong and Australia Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay that is fast and convenient. Apple Pay will be introduced to Citi
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OCBC Bank is First in Singapore to enable Instant Digital Card Issuance via Banking App
OCBC Bank customers have a new, speedy way of resolving a common issue when shopping or dining: Not having the right credit card to enjoy the best discount, rebate or reward. Since last month, OCBC Bank became the first bank
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Philippines Mobile Payment Providers Go Into Acceleration Mode
Cashless and contactless transactions in the Philippines are definitely on the rise as mobile payment providers have gone into acceleration mode since October. They continue to tap giant retail groups engaged in various industries including neighborhood variety retail stores or
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TrueMoney Wins Payment Services License in Vietnam, Launches TrueMoney Wallet
TrueMoney Vietnam, part of Southeast Asian Fintech company Ascend Money, has obtained the Intermediary Payment Services License from the State Bank of Vietnam to operate digital financial services in e-money, e-payment, wireless transfers, and payment gateways. TrueMoney is processing over
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How Real-Time Payments Can Support Financial Inclusion
In developing countries, digital banking platforms and real-time payments have been driving financial inclusion, providing the underbanked and financially excluded with affordable and convenient financial services, according to a new report by Vocalink, a Mastercard payments company. The report, titled
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Leading ATM Maker Bets On Mobile and Cardless Trend
US-based automatic teller machine (ATM) manufacturer Diebold Nixdorf, Inc. is gradually evolving into a maker of omnichannel-connected banking and has created a new service leveraging the Internet-of-Thing (IoT). The new offering promises to help financial institutions and retailers keep up
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CardUp Secures Funding
CardUp, a Singapore based card payments platform for cash management, announces that it has secured S$2.2 million (US$1.7m) in funding led by Sequoia India and SeedPlus in order to grow its payments and cash flow management offering to the SME
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First-of-its-kind pay-later Card for 50,000 Millennials in India
MatchMove, a Singapore based virtual card provider, together with SlicePay, India’s pioneering credit provider for young adults and college students, announced the launch of a first-of-its-kind pay-later card powered by MatchMove. With MatchMove’s unique platform, SlicePay is able to empower
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9 out of 10 Singaporeans Interested in Biometrics Authentication and Payments
Singaporeans are interested in using biometric methods to verify identity (97 percent) and make payments (96 percent), recognizing that biometrics are faster, easier and more secure than traditional passwords, according to a recent Visa survey on biometric authentication for payments.
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