Tag "cashless"

Where Does The Future of Payments Lie For South East Asia?

The payment space in South East Asia is a hotbed for innovation with many players vying for a piece of the action, we’re seeing many exciting things happening in this space from interoperable QR payments to central bank-backed digital currencies.

Read More

Instapay Enables Indonesian SMEs to Accept Payment Using WhatsApp & Line

Homegrown fintech player MC Payment held a soft launch for Instapay, a new mobile B2C payment platform targeting Indonesian SMEs. Instapay would enable merchants to accept payment using social media messaging apps, like WhatsApp and Line. Businesses would be able to

Read More

Despite Much Support, Cashless Indonesia Faces Many Obstacles

Indonesia’s cashless experiments in Jakarta has yielded interesting results. By 2017, many of the industry’s observers were already discussing the possibility of Indonesia transforming into a cashless nation, and this impression has held on until this year. And transportation is

Read More

Philippines Mobile Payment Providers Go Into Acceleration Mode

Cashless and contactless transactions in the Philippines are definitely on the rise as mobile payment providers have gone into acceleration mode since October. They continue to tap giant retail groups engaged in various industries including neighborhood variety retail stores or

Read More

BNM Greenlights TNG Digital: Touch ‘n Go and AliPay’s Joint Venture

TNG Digital Sdn Berhad a new entity jointly formed by CIMB Bank’s subsidiarity, Touch ‘n Go and Alipay has received green light from Bank Negara Malaysia. The new entity will consist of Touch ‘n Go’ as the majority shareholder and

Read More

Singapore’s NETS Joins Forces with India’s NPCI

NETS today announced that it has signed a Memorandum of Understanding (MOU) with National Payments Corporationof India (NPCI), an umbrella organization for all retail payments and settlement systems in India, to enable cross-border usage of their payment solutions in India and

Read More

Malaysian Fintech Firm Soft Space Launches My FamiPay in Taiwan

Partnering with Cathay United Bank (CUB), Soft Space introduces an innovative way to make payments that is set to empower FamilyMart Taiwan called “My FamiPay”. The application integrates and binds debit/prepaid/credit cards and other various stored value cards for in-store

Read More

BNM Approves Sarawak Pay: Sarawak to Roll Out Payments System

Approval from Bank Negara Malaysia for Sarawak Pay was obtained last week , further to the approval the Sarawak Government would see the system implemented at state government departments and agencies next year. The system would allow for payments for

Read More

Going Cardless and Cashless: How Banks and Fintechs are Reinventing Payments

Banks and fintech companies are developing innovative solutions for consumers to pay for goods and withdraw cash without payment cards, offering entirely new ways to transact. In the US, JPMorgan Chase, Bank of America and Wells Fargo are among those that

Read More

Top Fintech Vietnam News from January 2017

Read here all the important fintech news around Fintech in Vietnam from January. You can subscribe to the monthly Fintech Vietnam Newsletter here. Save The Date: Fintech Saigon Meetup, March 9th Save the Date: Fintech Startup Investments Firechat with Eddie Thai

Read More