On The Web

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Companies

Upstarts Are Swiping Business From Visa and Mastercard in India

March 26 2018

• in
• India
• Malaysia
• Mastercard
• Visa

“Transactions through India’s homegrown Unified Payments Interface — which allows mobile apps run by retailers, airlines and other firms to take payment directly from bank accounts — reached almost half the value of debit and credit cards swiped at stores last month, central bank data show. The surge in UPI transactions has taken place since 2016 when […]

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Global

WeChat Pay Now Lets You Quick Pay With Your Credit Card

December 6 2019

• in
• Malaysia

“WeChat Pay is now offering greater convenience when it comes to mobile payments. If you don’t have sufficient eWallet balance, you can now pay directly via your assigned credit card. The Quick Pay feature via Credit Card is now available for WeChat Pay users in Malaysia. Previously, you can link your credit card but it is […]

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Global

Coopetition, Not Competition, Is Asia-Pacific’s Path to Cash-free Future

February 11 2020

• in
• Malaysia

“Competition for digital payments flourishes in these circumstances. Malaysia’s central bank lists 47 e-money issuers in the nation, accounting for 13.8 billion Malaysian ringgit ($3.3 billion) worth of transactions in the January-October 2019 period. International giants such as Alipay and WeChat Pay import their expertise from a mature Chinese ecosystem, while local players rise to […]

On The Wires

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Companies

Stripe Launches in Malaysia

October 7 2019

• in
• Malaysia
• Stripe

“Today, we’re happy to officially launch Stripe in Malaysia. Businesses all across the country can now easily accept and manage payments, and access the full Stripe stack including Billing, Connect, Radar and Sigma. More than 80 percent of Malaysians already access the internet and as many as two-thirds of them do so via their smartphones. […]