Payments
How to Skyrocket Your BNPL Products: Technology is Everything
Buy Now, Pay Later (BNPL) wallets were once dubbed a “billion-dollar plan to destroy credit cards.” However, BNPL providers such as Afterpay and Klarna have since begun offering contactless Mastercard and physical Visa cards, respectively. Currently, both Visa and Mastercard
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Thunes Broadens Its Payment Network Across Five Southeast Asian Nations
Global cross-border payments infrastructure network Thunes has expanded its payment acceptance network to include Singapore, Malaysia, Indonesia, the Philippines, and Thailand. This expansion will enable European and international merchants to receive payments from consumers in Southeast Asia and settle in
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Nium Doubles Down on Europe With New London HQ
Global payments platform Nium announced that it has opened a new European headquarters in London. Nium has been investing in the growth of its business in Europe through M&A, talent acquisition, and product innovation over the last three years. In
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dtcpay Taps Sumsub’s e-KYC Solution for Secure Digital Currency Transactions
Singapore-based digital payments platform dtcpay has tied up with global full-cycle verification platform Sumsub to enhance the security and reliability of digital currency transactions in target markets, including Singapore, Hong Kong, Dubai, the UK, and Europe. Sumsub’s e-Know Your Customer
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10 Asian E-Wallets Now Accepted in China Through Alipay+
Ant Group has officially welcomed seven new e-wallets and payment apps from Asia to its “Alipay+-in-China” Program (A+China Program). This includes mPay (Macao SAR, China), Hipay (Mongolia), Changi Pay (Singapore), OCBC (Singapore), Naver Pay (South Korea), Toss Pay (South Korea)
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Wise Lands Swift Partnership to Expand FIs’ Cross-Border Payment Options
Swift and online money transfer service Wise have announced a new collaboration to offer financial institutions and their customers more options for cross-border payments. Under the agreement, financial institutions will be able to route Swift payment messages directly to Wise’s
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Visa and Currencycloud Launch New Cross-Border Payments Solution
Visa and Currencycloud have launched a new cross-border payments solution for banks, fintechs, FX brokers, corporates, and other payment institutions. The Visa Cross-Border Solutions combines its cross-border and cash management capabilities, previously known as ‘Treasury-as-a-Service’, with solutions enabled by its
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Razorpay Acquires Digital Invoicing Startup BillMe
Indian payment gateway provider Razorpay announced that it has acquired BillMe, a Mumbai-based digital invoicing and customer engagement startup. Details of the deal was not disclosed. Founded in 2018, BillMe serves over 15,000 retail points of sale for over 4000
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Navigating the Challenges and Opportunities of Cross-Border Payments in APAC
In recent years, the payments industry has undergone a paradigm shift, altering the way consumers and businesses interact financially. According to a McKinsey report, the global payments sector is approaching a staggering revenue opportunity of nearly US$2 trillion. In the
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Nium Joins FAST and PayNow to Accelerate Real-Time Payments
Global payments platform Nium has joined the FAST and PayNow networks in Singapore and is now among a growing group of non-financial institutions participating in this initiative alongside 30 banks across the world. The FAST and PayNow networks enable seamless
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