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27. April 2024
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Tag: Payment

Retail Asia15/01/2024
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Finance

BridgerPay introduces the first agnostic omnichannel payment operations platform

7min0
BridgerPay, a payment technology pioneer in the payments industry, is proud to announce its transformation into a powerful omnichannel payment operations platform, bringing unparalleled control and flexibility to businesses seeking to streamline their payment processes across all payment channels – e-commerce shops, physical stores and mobile applications. The transition to an omnichannel payment operations platform […]
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Retail Asia09/08/2023
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Finance

Apple Pay launched in Vietnam

2min0
Apple Pay has arrived in Vietnam, enabling users to make contactless money transactions through an iPhone or Apple Watch. Vietnam is the third country in Southeast Asia to allow Apple Pay after Malaysia and Singapore. Several lenders such as MB Bank and Techcombank now support Apple Pay services at some establishments such as Starbucks, Phuc […]
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Retail Asia17/07/2023
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Finance

Apple Pay all set to come to Vietnam

1min0
Digital wallet Apple Pay will soon be available in Vietnam. At least one bank has announced that it will soon support Apple Pay services. Sources have told VnExpress that three other major banks will also launch Apple Pay by the end of this month. Users can add their credit and debit card information to Apple Pay and […]
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Retail Asia04/02/2022
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Finance

Technical Standards To Simplify Digital Payments

1min0
The Swiss Bitcoin Association recommends the first technical standards for simplified payment verification (SPV) using digital currencies, eliminating the need to download entire the blockchain for transactions. Switzerland’s Bitcoin SV Technical Standards Committee today recommended its first digital currency standard for simplified payment verification (SPV), enabling transactions to occur without having to download the entire blockchain. This standardized […]
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Retail Asia08/12/2021
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Finance

Australia to Shake Up Digital Payment Regulations

1min0
Australian authorities will revamp the regulatory landscape for digital payments, broadening its remit on online transaction providers, cryptocurrency exchanges, and the possible creation of a central bank digital currency. On crypto exchanges, Australia will begin consultation early next year on establishing a licensing framework and regulations for businesses the hold crypto assets on behalf of consumers. It […]
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Retail Asia01/12/2021
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Finance

Singapore and Philippines Step Up Digital Payment Cooperation

1min0
The regional neighbors aim to boost cross-border collaborations that will strengthen Asean regional payments and provide financial inclusivity to Overseas Filipino Workers (OFWs) and micro-small-to-medium-sized enterprises (MSMEs). The central banks of Singapore and the Philippines have signed an agreement at the World Fintech Festival Philippines to boost payments cooperation, which includes the linkage of the two countries’ […]
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Retail Asia26/11/2021
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Finance

PPRO Grows in Indonesia

3min0
The payments infrastructure provider has announced the integration of Indonesian buy now pay later (BNPL) pioneer Kredivo to its platform. PPRO is partnering with Kredivo – one of Indonesia’s largest and fastest-growing digital credit platforms – to allow more merchants to reach a large pool of underbanked or unbanked Indonesians. The integration is a cooperation […]
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Retail Asia05/11/2021
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Finance

ZaloPay reports losses of $36.5 mln

1min0
Zion JSC, which owns e-payment service ZaloPay, said it racked up losses exceeding VND840 billion ($36.5 million) in the first nine months this year. Incurring losses of VND667 billion last year, Zion has heavily invested in boosting ZaloPay coverage, competing with other payment intermediaries in recent years. Vietnamese online gaming giant VNG, which holds a […]
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Retail Asia16/09/2021
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Finance

Singapore and India to Link Real-Time Payment Systems

2min0
The link will facilitate instant, low-cost fund transfers directly from one bank account to another between Singapore and India. Singapore will be linking its national e-payments system PayNow to India’s Unified Payments Interface (UPI) by mind-2022, according to an announcement by the Monetary Authority of Singapore on Tuesday. This means that users in Singapore will be able to […]
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Retail Asia11/03/2021
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Finance

Gojek-Grab Rivalry Extends to Digital Payments

2min0
Gojek has joined rival Grab in backing Indonesian state-backed e-wallet company in its Series B funding round. Gojek’s joining as a strategic shareholder will provide LinkAja access to the Gojek ecosystem to support LinkAja’s mission in accelerating financial inclusion in Indonesia, LinkAja CEO Haryati Lawidjaja said in a statement. As part of the deal, the ride-hailing giant will […]
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Retail Asia24/12/2020
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General

ZA Tech Partners to Launch Insurtech in Indonesia

2min0
Chinese firm ZA Tech Global is partnering Indonesian payments giant Ovo to offer Indonesian insurance companies access to its proprietary insurtech capabilities and applications. BCP, the holding company of Indonesia’s leading e-wallet Ovo, and ZA Tech Global, a technology venture for overseas markets of ZhongAn Online P&C Insurance, have announced a strategic joint venture to create […]
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Retail Asia04/12/2020
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Finance

Social media payment apps test Vietnamese waters

6min0
Social payment, or money transfer via social media, is entering an early development stage in Vietnam as new players step in. Payment service company PayMe last month launched its payment solution via chat boxes of popular social media like Facebook, Instagram and messaging app Viber. A user can link his or her PayMe and Facebook […]
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Retail Asia27/10/2020
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Finance

Rapyd launches payment capabilities in South Korea – extends its Asia Pacific footprint

6min0
Rapyd, a global Fintech as a Service company, has launched its ‘all-in-one’ payment capabilities in South Korea. By partnering with leading Korean payment service providers, KCP, PayLetter and others, Rapyd now provides access to a robust and comprehensive suite of South Korean payment options across international and local cards (Hyundai Card, Shinhan Card, Samsung Card), […]
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Retail Asia07/09/2020
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Finance

Alternative payments move mainstream in India

2min0
Alternative payments have moved mainstream in India amid Covid-19, according to GlobalData. Payment platforms such as mobile and digital wallets have gained popularity among online shoppers, gradually replacing traditional payments during the pandemic. “The adoption of alternative payments has been on the rise since demonetization in 2016,” said Ravi Sharma, lead banking and payments analyst […]
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Retail Asia14/05/2020
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Finance

Consumers embrace tap-and-go payments in pandemic’s wake

2min0
Ninety-one percent of Asia-Pacific consumers and 79 percent of people globally say they are now using tap-and-go payments, according to a survey by credit card firm Mastercard. Polling by the firm, which focused on shifting consumer behaviors in 19 countries, shows accelerated and sustained adoption of contactless payments globally in the midst of the coronavirus […]
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