Payments
Payments Innovation in Indonesia to Drive Economic Growth and Financial Inclusion
Payments innovation in Indonesia holds significant promise for contributing to the nation’s economy and helping bring about a more inclusive, accessible, and equitable financial system. This system is also supporting the country’s digital economy and connecting Indonesians across its large
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Former TerraPay Exec Ritesh Pai to Lead PhonePe’s International Payments
Indian digital payments company PhonePe has announced the appointment of Ritesh Pai as the new CEO of its International Payments division. In his previous role at TerraPay, Pai served as President of Products and Solutions, where he played a key
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MAS Grants Full Crypto Payment License to Upbit Singapore
The Monetary Authority of Singapore (MAS) has granted crypto exchange Upbit Singapore a full payment license, enabling the company to expand its operations in the digital asset market. This announcement comes after the initial in-principle approval (IPA) that Upbit Singapore
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Anson Zeall Promoted to Chief Strategy Officer at dtcpay
Singapore-based payments service provider dtcpay has promoted its Head of Compliance Anson Zeall as the new Chief Strategy Officer (CSO). During his tenure as Head of Compliance, Zeall played a pivotal role in guiding dtcpay through the complex regulatory environment
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YouTrip Quadruples Wallet Size to S$20K, Spending Limit Now S$100K
Singapore-based multi-currency e-wallet YouTrip has announced a substantial increase in wallet holding and spending limits for its users effective immediately. YouTrip users can now hold up to S$20,000 in their wallets, a significant jump from the previous S$5,000 limit, and
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Krungsri App Enables QR Payments Between Thailand and Hong Kong
Bank of Ayudhya (Krungsri), a part of Mitsubishi UFJ Financial Group (MUFG), has recently expanded its services in the ASEAN region by launching cross-border QR payments between Thailand and Hong Kong. Travelers from Thailand and Hong Kong can make payments
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Mastercard Rolls Out Cashless Payments for Jakarta’s MRT Commuters
Payment giant Mastercard has partnered with PT MRT Jakarta (Perseroda) to provide more payment options to commuters for cashless transit experiences. This announcement coincides with the renaming of Senayan Station to Senayan Mastercard Station. Travelers can now top up their MRT
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MAS Grants In-Principle Approval to Moomoo Singapore for Crypto Payments
Digital brokerage Moomoo Financial Singapore has secured in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution License to offer digital payment token (DPT) services. This approval enables Moomoo Singapore to extend digital payment token services
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Worldpay Brings Major Credit Card Rails to Alchemy Pay, Boosting Crypto Accessibility
Alchemy Pay, a fiat-crypto payment gateway, has partnered with global acquirer Worldpay to expand its payment options and improve its services. This collaboration integrates Worldpay’s Visa and Mastercard payment systems into Alchemy Pay‘s platform, aiming to streamline the process of
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Airwallex and Woo Partner to Simplify Cross-Border Payments for Global Merchants
Global payments firm Airwallex has partnered with Woo, an open-source ecommerce platform on WordPress, to offer a new payment option for the latter’s merchants. This partnership aims to simplify cross-border commerce for global merchants without the high foreign exchange conversion
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