Payments
Airwallex Customers Can Now Accept Amex Card Payments
Payments company Airwallex has partnered with American Express to expand its payment capabilities for its customers in Australia, Hong Kong, Singapore and the United Kingdom. Airwallex customers in these countries will now be able to accept American Express Card payments
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Singapore-Based Neobank Inypay Raising Funds Ahead of Mid-2023 Launch
Singapore-based Inypay announced that it will be launching its neobank, which has been in development for over 6 months, in Q2 2023. The key focus of Inypay will be micro-lending, remittances, domestic payments, e-wallets, personalised and communal savings as well
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Earned Wage Access Firm wagely Enables In-App Bill Payments
wagely, an Indonesian earned wage access firm, announced that it has enabled a bill payments feature for its users. Employees of wagely’s partners can now top-up Perusahaan Listrik Negara (PLN) electricity tokens and mobile phone balances. They will also be
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How Payment Trends Are Set to Evolve Across Asia in 2023
The way we pay for goods and services is constantly evolving, and the payment trends in Asia are only accelerating in 2023 as digital innovations are increasingly harnessed to offer ease and convenience to consumers in a competitive retail environment.
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Compliance and Innovation Form the Backbone of Cross Border Payments
We are in the golden age of being able to reimagine global payments’ architecture – the ubiquity of cloud computing, the decrease in the cost of computing, the increased regulatory appetite for sensible innovation, and the dawning realisation that the
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Payoneer Secures In-Principle Approval From MAS to Expand Payment Offerings
Payments firm Payoneer announced that it has received in-principle approval for a Major Payment Institution License from the Monetary Authority of Singapore (MAS). Through this license, Payoneer will soon be able to offer additional payments services such as mass payout
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Top 5 Most Popular Financial Super Apps in Asia
In Asia and elsewhere, financial super apps (also known as fintech super apps) are mobile applications that offer a wide range of financial services, including banking, investment, and insurance. These apps have gained popularity in recent years due to their
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Buy Now Pay Later (BNPL) Gaining Momentum in Thailand
Buy now pay later (BNPL) has been picking up steam among curious consumers in Thailand. This type of financing has grown in popularity because it is seen as a more flexible and consumer-friendly alternative to traditional credit products. It is
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Indonesia’s BI-FAST to Expand Its Real-Time Payment Services and Banks Participation
Indonesia’s domestic real-time payments scheme BI-FAST, launched by Bank Indonesia and powered by ACI Worldwide, has announced plans to launch a wide range of new real-time payment services. BI-FAST payment services will be extended to include bulk credit, direct debit
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Hugosave Will Now Be Able to Issue Its Numberless Visa Cards
Singapore-based wealth and savings app Hugosave has become a Visa Principal Member Issuing Licensee under its parent company Atlas Consolidated. Hugosave will now be able to issue Visa cards directly as well as sponsor associate licenses under Visa. The firm
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