Tag "real-time payments"
A Snapshot of 2023 Payment Trends in Asia
In 2022, usage of digital wallets and account-to-account (A2A) payments continued to grow in Asia-Pacific (APAC), carrying on a trend that was accelerated by the COVID-19 pandemic and the expansion of real-time payment systems, a new report by global financial
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McKinsey: APAC Continues to Lead Global Payments Revenue Despite 2020 Decline
Despite a slight decline, Asia-Pacific (APAC) continued to dominate the global payments landscape in 2020. With approximately US$900 billion in revenue, the region accounted for 47% of global payments revenues, according to the 2021 McKinsey Global Payments Report. This year,
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Real-Time Digital Payments Volume Surges 48% in Singapore
Singaporeans are moving away from paper-based payments and embracing real-time digital payments and mobile wallets, a shift that has accelerated with COVID-19, a new report by ACI Worldwide Real-Time Payments and GlobalData says. 2021 Prime-Time for Real Time, a global
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Southeast Asia Becomes Centre for Instant Cross-Border Payments Growth
Following in the footsteps of the European Union, ASEAN is moving towards having its very own Single European Payments Area (SEPA)-style payments network, making Southeast Asia a global focal point for cross-border real-time payments growth, according to a new report
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