Mobile Payments
QR Code Payment Users to Reach 2.2 Billion Globally by 2025
A new study from Juniper Research has found that the total number of QR code payment users will exceed 2.2 billion in 2025, up from 1.5 billion in 2020, which is equals to 29% of all mobile phone users across
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Singapore and Thailand to Enable Cross Border Payments Using Only Mobile Numbers in 2021
During the Singapore Fintech Festival 2020, Ravi Menon, Managing Director, Monetary Authority of Singapore (MAS) announced that the regulator has made significant headway in the linkage between Singapore’s and Thailand’s national payment systems; PayNow and PromptPay respectively. Monetary Authority of
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Rapyd Kicks off in Thailand Partnering Leading Thai Payment Solution Providers
Rapyd, a Fintech-as-a-Service company, has announced the launch of its ‘all-in-one’ suite of payment capabilities in Thailand which is its seventh global market. Rapyd’s solution is a comprehensive set of local and international payment methods that includes local ewallets, bank
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EZ-Link Undergoes Rebranding, Unveils Refreshed Logo and E-Wallet App
EZ-Link, a contactless smart card used for the payment of public transportation fares in Singapore, has unveiled its enhanced mobile EZ-Link Wallet as part of its rebranding exercise. The enhancement was announced as a part of its new brand direction,
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Myanmar’s Wave Money Clocks More Than a Million Monthly Users for Its Wavepay App
Wave Money, a Myanmar-based mobile financial services provider, announced that its WavePay application has crossed 1.1 million monthly active users in October. With a remittance value reportedly reaching 8 Trillion Myanmar Kyat (US$ 5.9 billion) from January to September 2020,
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Mastercard, IDEMIA and MatchMove Debut Fingerprint Biometric Card
Mastercard has teamed up with IDEMIA, provider of identity-related security services, and MatchMove, a Singapore-based fintech, on their first pilot in Asia for a biometric card that uses fingerprints to authorise transactions at in-store payment terminals. The smart card named
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Visa Extends Stripe Connect Partnership to B2B Payments
Visa has teamed up with Stripe, a fintech company focusing on online payment processing, for the acceptance of B2B payments using Stripe Connect. This is an extension of the partnership that the two entities formed in late 2018 to enable real-time
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Payments Processor GPS Adds Trio to C-Level Team
Payments issuer processor, Global Processing Services (GPS), announced its appointment of three C-level executives: Richard Hodgson as Chief Financial Officer, Shaun Puckrin as Chief Product Officer, and Jerome Gudgeon as Chief Technology Officer. The new hires bolster the executive leadership
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Razer Fintech and Visa Offers Sneak Peak of New Prepaid Card
Razer Fintech, the financial technology arm of Razer has collaborated with Visa, to unveil a brand-new Visa prepaid solution – the Razer Card. Users can sign up and use the virtual card at no subscription, with the option to upgrade
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Crowded Indonesian Market: 51 Licensed E-Money Providers
Bank Indonesia, the country’s central bank, has issued two new e-money licenses so far this year. These two new additions bring the total number of licensed e-money providers to 51, comprising 14 banks, and 37 non-bank providers, according to data
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