Tag "Digital Payments"
Vietnam Ditches Cash: More Consumers Opt for Cashless Payments
Cashless payments in Vietnam have seen rapid growth in popularity as a growing number of Vietnamese consumers seek more efficient and secure ways to manage their finances. From contactless card payments to mobile wallet transactions, the range of cashless options
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In Vietnam, Rural Adoption Is the Driving Force for Cashless Payments
In 2022, cashless payments continued to see increased usage in Vietnam, carrying on a trend that accelerated with the COVID-19 pandemic. This trend is emerging at the expense of cash usage which continued its decline last year. In 2022, non-cash
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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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Top 5 Transformative Fintech Spaces to Watch in 2023
Unlike a lot of the next-generational technology that have thus far failed to live up to their full purported transformational abilities, the disruptive potential of financial technology (fintech) has been more evident in numerous practical use cases. And in 2023,
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India’s Central Bank Spurring a Digital Payments Boom
India’s Central Bank has been digitising the country’s payment process at a rapid speed. The digital payment index (DPI), a metric used by the Reserve Bank of India (RBI) to determine the growth of digital payments across the country, rose to 349.30
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E-Commerce Boom Propelling Digital Payments Adoption in Southeast Asia
Southeast Asia (SEA) is experiencing exponential growth in digital payments encouraged by a booming e-commerce scene. The region is now home to some of the world’s largest online marketplaces in some of the fastest-growing economies like Indonesia, Malaysia, Singapore, and
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A Look at India’s Grand Vision to be a Global Payments Powerhouse
In June, The Reserve Bank of India (RBI) released its Payments Vision 2025, a document that outlines the central bank’s ambitions for the domestic payment ecosystem for the next three years, sharing aspirations for cross-border payment linkage, the development of
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Here Are The Top Trends Shaping India’s Payment Scene
India’s digital payments space has seen a massive boom over the past few years, a growth that’s been supported by an expanding e-commerce marketplace and the wider availability of acceptance infrastructure at physical stores. Building on the rise in digital
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India’s RazorPay Sees 611% Growth In BNPL Business Last Year
Razorpay, one of India’s leading payment getaways, has released the 10th edition of its (COVID) Era of Rising Fintech, outlining the growth it witnessed during the past year. Among the most staggering figures shared in the report, the company said
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China, India and Indonesia Record Highest Digital Wallet Adoption Rates Across APAC
Across Asia Pacific (APAC), China, India and Indonesia are leading the region in digital wallet adoption. A new report by business payment company PPRO found that in these three markets, online shoppers prefer using e-wallets such as Alipay, Paytm and
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