Wallet

Don't Miss:

10/05/2024 For complex iPhone AI tasks, Apple will use cloud-based servers running M-series chips ( Electronics )
10/05/2024 Samsung plans to add $1B to Vietnam investment annually ( Electronics )
08/05/2024 Digital content exporters open foreign offices to avoid tax ( General )
06/05/2024 WhatsApp’s new status update tray with previews is rolling out more widely in beta ( General )
02/05/2024 A Deep Dive into Grade A Buildings in Hong Kong ( General )
02/05/2024 Shopee races past other e-commerce rivals ( E-Tailing )
30/04/2024 TikTok, Facebook, and other foreign service providers pay $575M in taxes ( General )
29/04/2024 Sacombank assures no loss on $141M loan to Bamboo Airways ( General )
29/04/2024 Skype rolls out update with new features for both Android and iOS ( General )
26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )
24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )

Retail Asia05/09/2019

PayPal-backed digital lender Tala has raised another $110 million to enter the Indian market, increasing the firm’s total estimated value to more than $750 million. The five-year old California-headquartered startup specializes in digital lending, building credit profiles based on customer texts, call logs, merchant transaction, app usage and other behavioral data through an Android app. […]

CONTINUE READING

Retail Asia09/08/2019

Singtel launches its cross-border mobile payment capabilities in Japan, joining a handful of sectors outside of finance making a run at market share in the payments business. Singtel’s VIA, cross-border mobile payment alliance in Asia, debuts first in Tokyo’s Haneda Airport before expanding to the rest of the city and beyond in popular tourist locations […]

CONTINUE READING

Retail Asia04/07/2019

Trends come and go in the retail world, but one which undoubtedly appears to be here to stay is the shift in how consumers now choose to pay for goods and services. Physical cash has played an important part in retail for decades, but a recent announcement involving South Korean internet firm Naver has put […]

CONTINUE READING

Retail Asia09/05/2019

As e-wallets gain popularity in the region, credit cards are fighting back in a push to stay relevant through rewards, reduced fees, and improved customer experiences on digital and mobile. 2019 is a key year. This may be the year when mobile payments are expected to overtake credit cards as the preferred ways to pay […]

CONTINUE READING

Retail Asia16/04/2019

Four in five Thai consumers (78 percent) have tried going cashless in 2018, compared to only fifty percent in previous year as confidence in digital payments grew, according to the 2018 Visa Consumer Payment Attitudes study (the “Study”). The study tracks payment habits and attitudes as well as exploring emerging topics related to payments among […]

CONTINUE READING

Retail Asia19/02/2019

India’s premium leather bag brand Kompanero plans to open 100 outlets by 2025. The company will open four stores, raising its network to 34, this year. “With four new stores in the pipeline, we are expanding our presence in existing cities with Express Avenue Mall in Chennai and Sarath City Mall in Hyderabad,” said Indranath […]

CONTINUE READING

Retail Asia06/12/2018

Vietnam’s central bank says the value of cashless transactions more than doubled over the first three quarters of 2018. The Department of Payments at the State Bank of Vietnam reported a strong rise in payments over electronic channels between January and September, compared to the same period last year. Accordingly, the value of online payments […]

CONTINUE READING

Retail Asia22/11/2018

Mobile payments at South Korean convenience stores have more than doubled this year thanks to the greater use of smartphones and the expansion of mobile settlement services. South Korea’s top convenience store chain CU said the number of so-called easy mobile payments at its outlets soared 121.5 per cent year on year in the first […]

CONTINUE READING

Retail Asia27/08/2018

WeChat, China’s most popular social media app, has launched its digital payments platform in Malaysia. It is the platform’s first market in Asia beyond China and Hong Kong. The digital payment feature of WeChat allow its users to transfer money among themselves and make payments to offline merchants in ringgit. Rather than taking the common […]

CONTINUE READING

Retail Asia29/05/2018

Mobile Credit Payment Pte. Ltd (“MC Payment” or the “Company”), an established blockchain and unified payments enabler in Asia Pacific, announced that it launched token-based wallet app, Moonie, for use at Artbox Singapore 2018. Artbox Singapore, held from 25th to 27th May and 1st to 3rd June 2018, is Singapore’s largest pop-up creative market. Available […]

CONTINUE READING

Retail Asia10/04/2018

A new study from Juniper Research predicts that 2.1 billion consumers worldwide will use a mobile wallet to make a payment or send money in 2019, up 30% from the 1.6 billion in 2017. The study claimed that while contactless card payments were far more prevalent than NFC mobile payments in many markets, leading wallets […]

CONTINUE READING

Retail Asia15/01/2018

AirAsia has joined the ranks of digital wallet providers with its own app, BigPay AirAsia Bhd Group chief executive officer Tan Sri Tony Fernandes announced the service on Twitter, saying it was part of AirAsia’s digital strategy. “One day this product will be worth more than @AirAsia. Many features being rolled out. Soon no more cash […]

CONTINUE READING

Retail Asia30/10/2017

The Miu Miu Lady pop-up exhibition is in the midst of its Hong Kong stop, part of a global tour. At the centre of the Miu Miu pop-up are two giant handbags decorated with the jewel buckle for which the Prada-owned brand is renowned. The Hong Kong pop-up is located at Harbour City where it […]

CONTINUE READING

Retail Asia31/08/2017

www.internetretailer.comstaticuploadsthumbsApple_Pay_jpg_280x280_crop_q95-13f1c90108b05f260010581cd33362d913fca278.jpg

Apple Inc’s online services support WeChat payment from yesterday under a tie-up between the US technology giant and Tencent, China’s top dot-com firm with almost 1 billion users. Apple users can purchase apps and subscribe to online music by bundling App Store and WeChat payment accounts. In China, around 963 million people use WeChat, a popular instant message and picture […]

CONTINUE READING

Retail Asia31/08/2017

Hong Kong digital wallet service TNG Wallet has partnered with convenience chain 7-Eleven to make top-up, payment and cash withdrawal services across more than 900 of the chain’s outlets in the city. The latest agreement brings TNG Wallet’s global cash pick-up points up to over 180,000. Holding a Stored Value Facilities license issued by the Hong Kong […]

CONTINUE READING

Retail Asia02/02/2017

In the mobile wallet business, volume business and long-term supplier contracts can deliver cost savings for buyers, according to market research firm Technavio. According a new report from the company, cost savings can be achieved through adoption of technology, supplier competition, adoption of negotiation strategies, optimization of procurement practices and bundling of services. In terms […]

CONTINUE READING

Retail Asia02/02/2017

SMS-Engagement-Can-Improve-Mobile-Results-For-Merchants-Says-3Cinteractive-Exec-1132x670-1024x606.jpg

Global mobile wallet spending is on track to grow nearly 32% in 2017 to reach $1.35 trillion, a new study from Juniper Research predicts. Although at the moment transactions are concentrated in China and East Asia, the research firm predicts that brands such as PayPal and Apple wallets which can be used both instore and […]

CONTINUE READING

Retail Asia14/12/2016

CIMB Bank Bhd has launched a lifestyle mobile application, CIMB Pay that provides combine secure cashless payments with deals and offers. This enables the bank’s seven million customers to experience faster, easier and more secure payments at over 1,800 contactless terminal-enabled merchants nationwide as well as search nearby location-based real-time deals. Group consumer banking chief […]

CONTINUE READING

Retail Asia25/11/2016

Some 25,000 retail locations in Singapore are expected to accept a new mobile payment service within the next 12 months. Liquid Pay enables consumers to make payments by scanning a QR code at the point of sale, and compare merchant discounts and rewards from within the mobile app. “Liquid Pay has just successfully completed trials […]

CONTINUE READING

Retail Asia22/11/2016

Millennials demand faster and easier ways to pay. It seemed awkward at first, as J.D Power Director Gordon Shields recalls it, having to pay using his phone at a local supermarket in Singapore. He tells how the checkout assistant confusingly shouted “Apple Pie, Apple Pie” across the store when he handed her his iPhone in […]

CONTINUE READING

About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.

CALL US ANYTIME

Most read

Retail updates

Stay up to date of the lates updates and retail news from Asia.

X