PYMNTS

JANUARY 19, 2020

As Malaysia moves towards a cashless society, the government is offering an award payment of RM30 (about $7.37) under its e-Tunai Rakyat (people’s e-cash) program, according to reports on Friday (Jan. The government is hoping to up the number of digital payment users to 15 million people. The incentive program started Jan.

eWallet 59

eWallet Online and Mobile Banking Digital Payments Governance 59

PYMNTS

NOVEMBER 27, 2019

The CEO of PT Mandiri Capital Indonesia, the venture capital arm of PT Bank Mandiri, said the only way digital payment platforms can ever make money is by acting as a sort of portal into other services, otherwise it’s “just a cash-burning exercise,” according to reports. NEN already uses the payments solution on 400 of its machines.

eWallet 56

eWallet Digital Payments Checks Payment Solutions 56

PYMNTS

APRIL 22, 2020

The State Bank of Vietnam granted FinTech startup GPay a 10-year license to provide intermediary payment services in the country — electronic payment portals, payment services, digital money transfer services and eWallet services.

Digital Payments 61

Digital Payments eWallet Payments Laws 61

Fintech Finance

JULY 25, 2024

Alipay+ , the cross-border mobile payment and digitalization solutions operated by Ant International, continued its global summer campaign, which was kicked off by UEFA EURO 2024, in preparation for the travel industry’s full rebound by the end of 2024. The convenience extends beyond local transportation.

Cross-Border 98

Cross-Border Tax Refunds eWallet SARS 98

Fintech Finance

AUGUST 21, 2024

As Chinese inbound tourism gains momentum with the extension of its visa-free policy to more countries and the recovery of international flights, Alipay , the leading digital payment and lifestyle platform in China, now supports 16 languages on its App, further enhancing the travel experience of international tourists exploring China.

SARS 98

SARS Debit Card Mobile Payments eWallet 98

Fintech Finance

DECEMBER 14, 2023

Travelers are also rewarded for using more digital payments instead of cash, choosing public transportations over cars, travelling with own toothbrushes instead of using disposable ones, as well as visiting more diverse local destinations to support communities’ economies and preserving local cultures.

SARS 69

SARS Cross-Border eWallet Cross-Border Payments 69

Fintech News

FEBRUARY 4, 2024

Alipay+ has expanded its digital payment offerings in Singapore by integrating six additional international e-wallets, increasing the total to twelve. This initiative is part of Alipay+’s broader strategy to facilitate cross-border payments and enhance the digital payment landscape in Singapore.

Cross-Border Payments 109

Cross-Border Payments SARS eWallet Cross-Border 109

PYMNTS

SEPTEMBER 3, 2020

Visa is teaming with Norwegian digital wallet company Vipps on a new initiative to boost mobile payments in Europe, according to a report from Cards International. With the new strategic partnership, Visa clients can use Vipps' platform to make digital wallets and offer diverse ways for customers to pay and be paid.

Mobile Payments 55

Mobile Payments eWallet Online and Mobile Banking Best Practices 55

PYMNTS

JANUARY 1, 2020

percent fee for some eWallet transactions, the sources said, which would end up costing smaller merchants more than they currently pay. Currently, eWallet companies currently don’t have to share any portion of the transaction fees with lenders. This will hurt all of us,” an executive at an Indonesian eWallet firm told Reuters.

eWallet 52

eWallet Online and Mobile Banking Transactions Payments 52

PYMNTS

DECEMBER 19, 2019

For eCommerce firms targeting emerging markets, the opportunities are vast, as millions of consumers continue to go online to buy, and eCommerce sales soar by double-digit percentages. Against that backdrop, Ingenico said last year that it had launched domestic processing and cross-border settlement for international payments.

Digital Payments 52

Digital Payments Cross-Border Cross-Border Settlement Online and Mobile Banking 52

The Fintech Times

MARCH 18, 2024

Ant International , the Asia-based one-stop digital payment and financial services platform for SMEs, is kicking off a global campaign to engage with fans globally in the lead-up to UEFA EURO 2024 , of which it is an official partner. billion accounts on over 25 leading e-wallets and payment apps.

Cross-Border 105

Cross-Border Online and Mobile Banking eWallet Mobile Payments 105

The Fintech Times

JULY 27, 2024

Alipay+ , the cross-border mobile payment and digitalisation solutions operated by Ant International , has had a very successful summer. Having been the official; payment partner of UEFA EURO 2024, the company is now looking at how it can capitalise on this momentum. Many of these are mobile payment leaders in Asia.

Tax Refunds 59

Tax Refunds eWallet Cross-Border SARS 59

PYMNTS

JANUARY 23, 2020

Micro-mobility giant Helbiz announced a partnership with mobile payments platform Alipay , which will allow customers a wider breadth of access to Helbiz’s eScooters, eBikes and other devices for easy riding through Italy. About 20 percent of payments are projected to be made with eWallets by next year.

Mobile Payments 53

Mobile Payments eWallet Payments Payment Solutions 53

PYMNTS

SEPTEMBER 8, 2020

Digital payments platform Payoneer is working to expand its services globally with the launch of its new Payoneer for Banks, which will aim to let more financial institutions aid businesses with cross-border payments, according to a Tuesday (Sept. 8) press release.

Cross-Border Payments 85

Cross-Border Payments Cross-Border Payment APIs and Integration eWallet 85

PYMNTS

JULY 9, 2019

In the age of quick-service restaurant (QSR) dining technology innovation, restaurants are frantically looking into ways to provide consumers with mobile ordering bells and whistles like third-party payment integrations, rewards programs and surprise-and-delight offers.

Digital Payments 71

Digital Payments Payments eWallet Mobile Payments 71

PYMNTS

JANUARY 21, 2021

TNG Digital’s electronic wallet — Touch ‘n Go — is Malaysia's biggest digital wallet, with over 15 million registered users. Although the worldwide COVID-19 pandemic escalated demand for digital payments, Malaysia is among the more competitive locales, with almost 50 operators.

eWallet 56

eWallet Central Bank On-Demand Government 56

PYMNTS

MARCH 21, 2019

Go-Pay, the digital payment unit of Southeast Asian ride-hailing company Go-Jek , plans to strengthen its position in the digital payments market as growth in Indonesia explodes. He noted that Go-Pay is the leader in Indonesia in the eWallet industry currently. State-owned enterprises have also entered the fray.

eWallet 49

eWallet Payments Digital Payments Consulting 49

PYMNTS

NOVEMBER 30, 2020

In today’s top payments news around the world, United Kingdom-based food delivery platform HungryPanda has landed $70 million in funding, while Sweden-based Klarna is launching the live fashion show “Lifestyle” with the help of technology from Bambuser. BNPL Payments Provider Klarna To Offer Live Fashion Show. and the U.K.

eWallet 55

eWallet BNPL Non-Bank Debit Card 55

PYMNTS

OCTOBER 14, 2020

AppotaPay announced that it has received an intermediary payments license from the State Bank of Vietnam, which gives it the ability to offer electronic payment gateways as well as e-wallet and collection services, according to a Wednesday (Oct. The company aims to better compete with VNG, the parent firm of eWallet player ZaloPay. .

Point-of-Sale (POS) 52

Point-of-Sale (POS) eWallet Payment Gateways Payments 52

PYMNTS

APRIL 11, 2019

AlipayHK, a mobile payment system in Hong Kong, has partnered with McDonald’s to offer payment on the McDonald’s app on smartphones, the company said in a release. With the advent of mobile payment services and big data analytics, restaurants are going full steam on digitalization,” the company said in the release. “It

eWallet 74

eWallet Mobile Payments Payments Credit Cards 74

PYMNTS

NOVEMBER 5, 2019

As merchants go global, the pressure grows for payment capabilities to localize. As an expansion of TTS’ offerings, Spring by Citi pulls consumer-facing payment tools into the broader arena of back-office cash management in a B2B2C business model of transaction banking. Learn more: [link] pic.twitter.com/1xZ204A8Cp.

Cash Management 42

Cash Management Treasury Management Digital Payments Treasury 42

PYMNTS

NOVEMBER 30, 2020

Non-bank lenders in Singapore will soon be granted access to the country’s digital payments platforms PayNow and FAST, according to a statement from the Monetary Authority of Singapore (MAS), the country’s central bank, on Monday (Nov. PayNow and FAST enable people to move funds between banks and digital wallets. More than 12.5

Non-Bank 68

Non-Bank Real Time Payments eWallet API 68

PYMNTS

FEBRUARY 26, 2019

bank, has started beta testing of its PayMe System, a digital payment system for businesses. They can now accept payments from customers that use HSBC’s eWallet. In the early part of 2017, HSBC announced the new payment app, geared toward millennials in Hong Kong who also wanted social media built in.

eWallet 71

eWallet API Digital Payments FinTech 71

The Fintech Times

DECEMBER 16, 2023

Alipay+ , the cross-border mobile payment digital platform under Ant International, has unveiled a year-end campaign aimed at fostering sustainable cross-border travel. Digital payments In 2023, Alipay expanded its cooperation with major international card organisations to facilitate foreign cardholders visiting China.

Cross-Border 69

Cross-Border SARS Cross-Border Payments eWallet 69

The Fintech Times

APRIL 29, 2024

Alipay has continued its efforts across the globe, with a focus on tourism in Asia; through partnerships with the Korea Easy Payment Foundation and Jeju Tourism Organization in South Korea, as well as the Huangshan Tourism Group in China.

SARS 72

SARS Online and Mobile Banking eWallet Mobile Payments 72

PYMNTS

JUNE 13, 2019

Visa and Mastercard each made headlines in the payments infrastructure and cross-border realms, eyeing digital payments and B2B payments. As reported earlier in the week, Visa launched B2B Connect , a network focused on enabling financial institutions (FIs) to help their clients make B2B payments across borders.

B2B 75

B2B Distributed Ledger Technology (DLT) Cross-Border Cross-Border Payments 75

PYMNTS

JANUARY 22, 2020

Square , the payments provider operated by Twitter CEO Jack Dorsey, won a patent to debut new tech, allowing users with different assets to transfer payments, including crypto-to-fiat transactions. Letting crypto-to-fiat payments flourish will give cryptocurrencies a boost. Square also announced on Tuesday (Jan.

Real Time Payments 64

Real Time Payments Payment APIs and Integration eWallet Bitcoin 64

PYMNTS

JANUARY 27, 2020

The move, called the Payment Services Act, will allow global cryptocurrency firms the chance to expand their operations. After the Payment Services Act goes into effect on Thursday (Jan. After the Payment Services Act goes into effect on Thursday (Jan.

Regulations 60

Regulations Cryptocurrency eWallet Money Laundering 60

PYMNTS

FEBRUARY 18, 2020

In other Malaysian eCommerce news, the GrabPay eWallet has been chosen to take part in the e-Tunai Rakyat initiative that will roll out in mid-January, in an effort to push the digital economy forward in the country. BizApp has more than 200,000 agents who gross more than 600 million ringgit in merchandise volume.

eWallet 56

eWallet Volume Economy Digital Payments 56

PYMNTS

AUGUST 13, 2019

Digital payments startup QFPay , the largest global partner of WeChat Pay and Alipay, raised $20 million in new funding led by returning investors Sequoia Capital China and Matrix Partners, TechCrunch reported on Tuesday (Aug. Data shows that Chinese consumers actually prefer using mobile payment and cashless transactions.

Cross-Border Payments 46

Cross-Border Payments Tax Refunds Cross-Border Innovation 46

Fintech Finance

JUNE 24, 2024

Alipay+, an official sponsor of UEFA EURO 2024 , is a suite of cross-border mobile payments and digitalization technology solutions that now supports 30 global e-wallets and banking apps. The number of customers paying with Alipay+ partner wallets in the opening week increased by 59% (WoW).

Transactions 108

Transactions SARS Cross-Border eWallet 108

PYMNTS

OCTOBER 18, 2020

Paytm users will face new 2 percent fees for using the credit card attached to their eWallets, a report from Business Today says. Before now, users had to pay the 2 percent fee only if they loaded over Rs 10,000 on their eWallets from a credit card every month. Please use UPI or debit card to add money for free.”.

Credit Cards 67

Credit Cards eWallet Debit Card Payment Networks 67

PYMNTS

MARCH 11, 2020

German FinTech firm Wirecard is partnering with Southeast Asia’s “super app” Grab to facilitate payments and transfers, Wirecard announced on Wednesday (March 11). . Wirecard will process payments and transfers using GrabPay’s digital wallet and will initially target markets in Malaysia, the Philippines and Singapore. “We

eWallet 52

eWallet Digital Payments Facilitators Transactions 52

PYMNTS

OCTOBER 19, 2020

Global Processing Services (GPS), the payments issuer processor, has a new strategic investment from Visa to help GPS launch new products and continue expanding, according to an emailed press release. Dewar also said the payments industry was evolving quickly and that meant there was a need for fast innovations. "

Process 69

Process eWallet APACS Processors 69

PYMNTS

MARCH 31, 2020

But the increasingly global and digital nature of the way business is done — no matter the industry vertical — brings a new sense of urgency to the need to examine lessons learned from past systemic shocks, and how they can help us deal with the present (and even future) seismic shifts.

eWallet 80

eWallet Mitigation Data Breach Payments 80

PYMNTS

JUNE 11, 2019

We want to take advantage of both companies to promote the development of payment products. By merging these two businesses, we provide a one-stop payment solution for merchants.’’. VinID Joint Stock Company, which is 80 percent owned by Vingroup, recently acquired ewallet company MonPay.

eWallet 61

eWallet Contactless Payments Stop Payment Digital Payments 61

PYMNTS

MARCH 2, 2020

Lloyd’s of London , the insurance firm, is supporting a new policy that protects digital currency held in digital wallets from hackers, Coindesk reported on Monday (March 2). The policy is reportedly a new insurance type that has a limit that changes with the price fluctuations of covered digital currency assets.

Treasury 71

Treasury Bitcoin Addressing eWallet 71