Payments

Rapyd creates all-in-one Indian payment solution

UK-based Rapyd, which also operates out of Singapore and Mumbai, is partnering with a number of Indian payments companies to create an all-in-one payment solution and a COVID-19 Solidarity Programme.…

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1 min

Global mobile wallet market to reach $7,580.1bn by 2027

The global mobile wallet market will reach $7,580.1bn by 2027, growing at a CAGR of 28.2% from 2020 to 2027. The drivers behind this growth are threefold: soar in number…

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1 min

Korean Fintech Global Money Express Partners with MoneyGram

Global Money Express, a money transfer and payment fintech in South Korea, has partnered with NASDAQ quoted MoneyGram International, a global leader in cross-border P2P payments and money transfers based…

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2 min

Mastercard buys data company Finicity as open banking gets thumbs up

Mastercard has opened its wallet and bought Finicity, a leading North American provider of real-time access to financial data and insights. The purchase price was US$825m with a potential earn-out…

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2 min

NTT DATA reveals Five key Macro Trends Impacting Asia’s Payments Evolution

NTT DATA, a leading IT services company, has revealed five key macro trends which are set to impact Asia’s payments evolution. First up is the shift from cash to cashless…

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3 min

The march of eWallets and bank transfers across Asia Pacific

One of the main take-outs from a new regional study is that while cards and card-powered mobile wallets are dominant in Japan (61%) and Taiwan (51%), across all Asia-Pacific markets,…

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2 min

Airwallex helps merchants expand into Asian marketplace with new Wechat Pay solution

Fintech Airwallex has launched a new payment acceptance service in Singapore, Hong Kong and Australia with WeChat Pay. It allows merchants to add WeChat Pay as an additional payment option…

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1 min

Hyundai Card reveals five trends shaping way Koreans consume digital content

Hyundai Card has revealed five key trends which are shaping Koreans’ spending habits on digital content. The result is based on the company’s 2017-2019 analysis of its consumer transaction data…

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2 min

Grab grabs the Philippines with GrabPay

The everyday app Grab has launched the GrabPay Card in the Philippines, a digital-first prepaid card powered by Mastercard. It will, said Grab, extend “…GrabPay’s reach globally with unparalleled card…

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1 min

Global payment processing solutions market value surges ahead

The value of the global payment processing solutions market is expected to reach US$98.01bn by 2027, a compound annual growth rate (CAGR) of 14% between 2020 and 2027. The big…

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