Tag: payments

Retail Asia11/10/2022
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6min0
It has been months since Hai Van last checked her purse, since she makes almost all payments by scanning QR codes with her phone. The media company in Hanoi’s Cau Giay District says: “Whether it is having breakfast and lunch at the office, making supermarket trips in the evening or hanging out with friends at […]

Retail Asia04/02/2022
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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 […]

Retail Asia26/01/2022
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3min0
Samsung has announced the S3B512C security chip, its new fingerprint security chip developed in partnership with Mastercard, designed primarily for payment cards. According to the company, the chip is the ‘industry’s first all-in-one security chip solution’ and would be able to provide faster and safer interactions while making purchases. Because Samsung’s chip uses biometric authentication, the chip […]

Retail Asia01/12/2021
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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’ […]

Retail Asia30/11/2021
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2min0
Singapore-based YouTrip aims to scale its product offerings, including venturing into the B2B payments space, and accelerate its expansion across Southeast Asia. YouTrip has raised $30 million in a Series A funding round driven by returning investors from major Asian family offices and prominent financial technology investors, bringing its total funding since launch to $60 million, […]

Retail Asia24/06/2021
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3min67
Bitcoin remains the most popular cryptocurrency playing a role as an investment vehicle and also a payment medium. However, scammers are exploring the payment aspect to defraud victims resulting in losses of millions of dollars. According to data compiled by cryptocurrency trading simulator Crypto Parrot, Australians lost an equivalent of AUD 26.65 million in scams […]

Retail Asia16/06/2021
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2min0
The country’s finance regulator is banning licensed digital asset exchanges from trading meme coins, fan-based tokens, NFTs, and social coins as part of its ongoing regulatory action against crypto trading. The Thai Securities and Exchange Commission (SEC) is prohibiting exchanges in the country from providing services related to utility tokens or cryptocurrencies to ensure customer protection […]

Retail Asia24/02/2021
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4min0
Afterpay the leader in “Buy Now, Pay Later,” today announced a partnership with Stripe, the technology company building economic infrastructure for the internet. The two companies are joining forces to offer Afterpay’s payment service to Stripe merchants through an easy and seamless integration. The partnership allows both new and existing Stripe merchants to easily offer Afterpay […]

Retail Asia03/12/2020
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2min0
VNPay has become the second unicorn startup in Vietnam and one of 12 companies in Southeast Asia with a valuation of $1 billion. The payment company was listed as a unicorn in the recent “e-Conomy SEA 2020” report by Google and its partners, alongside well known firms like Indonesia’s ride-hailing firm Gojek and Singapore’s e-commerce […]

Retail Asia04/11/2020
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8min0
 Statrys, a Hong Kong-based digital payment services platform, has recently accepted a USD $5M funding round to help kick off its newest products to a rapidly growing market. This round was led via a closed-door funding arrangement with an angel investor in the region with the expectation for Statrys to carve out market share in […]


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