Tag "MasterCard"
Grab Launches a Fully Digital GrabPay Card in Philippines
Grab announced today the launch of the GrabPay Card in the Philippines, a fully digital prepaid card powered by Mastercard that extends GrabPay’s reach globally with unparalleled card security, hassle-free online payments and expanded rewards ecosystem to bring the convenience
Read MoreMastercard: COVID-19 Accelerating Adoption of Contactless Payments in Asia Pacific
During February and March, as many countries imposed or strengthened social distancing measures due to COVID-19, a significant majority of consumers turned to contactless card payments for necessary purchases. Citing safety and cleanliness, 79 percent of people worldwide and 91
Read MoreMastercard Calls For “Sufficiently High” Contactless Payments Limits in Asia Pacific
Mastercard’s urges relevant bodies to have the right transaction limit for contactless payments as the spread of COVID-19 highlights the imperative for “contact-free” environments and experiences as much as possible. As nations implement stricter containment measures to keep their citizens protected,
Read MorePayPal and Mastercard Extend Instant Transfer to Singapore & Europe
Following the launch of its Instant Transfer feature in the U.S., PayPal and Mastercard recently extended the service to Mastercard cardholders in Singapore and a number of European countries. Mastercard Send™ is an application that leverages the card network infrastructure
Read MoreMastercard Launches Fintech Express; Rapyd First to be Onboarded
Mastercard today launched Fintech Express during the Singapore Fintech Festival 2019. According to their press release, through Mastercard’s Fintech Express, fintechs get access to a suite digital-first products, flexible commercial agreements and global licensing support for fintech looking to scale
Read MoreMastercard and R3 Partner to Develop Blockchain-Powered Cross-Border Payments Solution
Mastercard and R3, an enterprise blockchain software provider, have today announced a strategic partnership to develop and pilot a new blockchain-enabled cross-border payments solution that will initially focus on connecting global faster payments infrastructures, schemes and banks supported by a
Read MoreA Singapore Wealthtech Chosen for Mastercard’s Startup Engagement Program
Singapore based digital banking software provider Moneythor has been selected as one of 10 later-stage FinTech startups to be accepted onto the renowned Mastercard Start Path program, part of Mastercard Labs. Moneythor is the only participant from South East Asia.
Read MoreCalm Down, Grab Isn’t Trying to Become a Bank—Not in the Way You’re Thinking, at Least
Followers of this page are well aware that Grab, one of Singapore’s premier unicorns, has dabbled in many different areas of fintech-fuelled offerings in its drive to become what it self-describes as a “super app”. Most recently though, it seems
Read MoreYoutrip, a Multi-Currency Travel Wallet, Closed US$25.5 Mil in a Pre-Series A Funding
YouTrip, a multi-currency mobile wallet with a prepaid Mastercard, has successfully raised US$25.5 million in a pre-Series A. Participating investors include major Asian family offices and venture capital firm Insignia Ventures Partners, founded by ex-Sequoia Partner Yinglan Tan. With the
Read MoreAI Driven Fintech AIDA Gets Funding Boost from Mastercard
AIDA an artificial intelligence focused fintech recently announced that they have raised an undisclosed sum in their Series A round, which includes investors like Mastercard, Kuok Ventures and SGInnovate. The startup develops machine learning solutions for the banking and insurance
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