Payments News

On The Web

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Global

QR Codes Gaining Strength in Southeast Asia

“The concept of QR codes that was trailblazed in China is gaining popularity in Southeast Asia. Central banks in the region are looking to link their payment systems that will allow customers to buy goods and services by scanning QR codes within the year. Bloomberg reported that five of the region’s biggest economies are set to […]
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Deals

American Express acquires Japan’s Pocket Concierge

“Japanese restaurant-booking app Pocket Concierge has been acquired by US card issuer American Express for an undisclosed sum. In addition to handling online reservations for high-end restaurants, the app also provides users with in-depth information on things like restaurant decor or whether establishments are child-friendly.”
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Global

AirAsia is entering the digital payments race

“BigPay offers a mobile wallet which can store up to 10 credit and debit cards, and has partnered with MasterCard to offer its own top-up cash card that can be used for payments and withdrawals worldwide. Users can view transactions in real-time on the app to keep track of their daily spending. Fernandes said the driving […]
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On The Wires

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Companies

Primer Partners With Hoolah to Bring ‘Buy Now Pay Later’ Solution to Fuel Merchants’ Growth Across Asia

“hoolah, Asia’s leading omnichannel ‘Buy Now Pay Later’ (BNPL) platform, today announces its partnership with Primer, the world’s first no-code automation platform for payments and commerce, allowing merchants in Singapore, Malaysia, and Hong Kong to integrate hoolah’s BNPL solution, while providing consumers payment flexibility and an optimised, seamless shopping experience. An unprecedented innovation in the payment industry, Primer allows merchants to truly […]
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Global

ECOMMPAY launches Gate2Asia payment solution for business expanding to Asia

“Gate2Asia unifies local payment options into one easy-to-use platform for online businesses entering the Asian markets. The payment solution combines the e-commerce markets of China, Australia, New Zealand, Indonesia, Malaysia, the Philippines, Thailand and Vietnam. A total of over 2 billion people with a potential e-commerce market spend of over $1.3 trillion”
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Global

Splitit and GHL Partner to Offer Installment Payments to 2,000 Merchants in the ASEAN Region

“Splitit Payments Ltd, a leading global monthly installment payments solution business, today announced a three-year partnership agreement with GHL ePayments Sdn Bhd, part of leading payment service provider GHL Systems Berhad (“GHL”), to offer Splitit’s installment solution to more than 2,000 online merchants in Malaysia, Thailand, Indonesia and the Philippines (the “Agreement”). GHL is one of the top merchant acquirers in the […]
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Global

EMQ and FOMO Pay Partner to Bolster the Digital Payment Revolution across “One Belt One Road” Economic Corridors

“EMQ, a leading financial settlement network in Asia, and FOMO Pay, the award winning QR code payment solution provider in Singapore, has announced a partnership to support the growing demand for real-time international settlements from Singapore to China, with the ability to expand across other countries in Asia. The partnership will also help facilitate and […]