Payments News

On The Web

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Domains

Indonesian mobile payments set for cross-platform boom

“Although they already saw rapid growth in 2018, transactions via mobile payments platforms and prepaid cash cards, which are very popular in underbanked Indonesia, still account for a small slice of retail sales. They will make up a bigger slice in 2019 when Bank Indonesialaunches a centralised gateway allowing cross-platform transactions. At the heart of this system […]
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Domains

Bank Indonesia to issue cross-border QR code payment regulation

“Bank Indonesia is preparing a cross-border regulation on QR code transactions that is expected to come into effect early next year. “The cross-border regulation is for regulating QR code transactions in rupiah made by foreign players,” a BI source said as quoted by kontan.co.id on Sunday. The unnamed source said the regulation would facilitate domestic financial institutions […]
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Tech

The NFC Forum’s Latest Spec Is Aimed Squarely at QR Codes

“Backers of near-field communication technology for mobile payments made it plain on Tuesday they’re ready to fight back against quick-response codes, a rival technology that has won support not only from giant systems like China’s Alipay and WeChat Pay but also domestically from merchant apps from big chains like Walmart Inc. and Kohls Corp. The NFC […]
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On The Wires

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Global

JCB Launches QR Code Payment in the Asian Region

“JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd, today announced that JCB has launched EMV standardized QR Code Payment service. JCB QR Code Payment is a new mobile payment solution for JCB cardmembers to scan the QR Code displayed at the merchant point-of-sale by their mobile phone. This merchant-presented QR Code […]
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Global

RiverPay Integrates UnionPay QR Code Payment to Offer Full Portfolio of Chinese Leading Mobile Payment Options

“RiverPay Inc., an integrated payments and marketing platform to connect Chinese consumers with overseas merchants and the authorized payment service provider of AliPay and WeChat Pay, today announced the strategic partnership with UnionPay International in North America, which enables RiverPay to add UnionPay QR code payment to its existing payment portfolio. From the partnership, RiverPay is […]