Cards & Payments

Standard Chartered, IATA launch airline payment platform in India

IATA Pay offers instant payment options such as UPI Scan & Pay and UPI Collect.

Standard Chartered, IATA launch airline payment platform in India

IATA Pay offers instant payment options such as UPI Scan & Pay and UPI Collect.

Taiwan SME loans reach $310b in December 2021

The FSC also reported numbers on credit card, cash card, and e-payment businesses.

China’s card payments market to hit $34t by 2025

The market is expected to register a strong growth of 17% in 2022.

Singaporeans want more biometric payment cards —survey

Latest industry survey reveals 88% of Singaporeans prefer biometric cards.

3 in 5 in SEA wants OTP through SMS for every e-payment transaction

Others want two-factor authentication or biometrics as security options.

DBS acquires Citi’s Taiwan consumer banking business

DBS will pay Citi in cash for the net assets plus a premium of S$956m.

Maybank SG new banking app enables online SME current account opening

The new Maybank2u SG (Lite) app offers e-angbao gifting and other money management features.

Indonesia launches real-time payments infrastructure BI-FAST

Twenty banks are already live and have access to 24/7 real-time credit transfers.

Chart of the Week: Vietnam’s card payments market to grow 24.1% in 2022

Strong anti-COVID measures allowed the market to reduce the pandemic’s impact.

Grab Singapore includes more banks in linked account feature

Users can now link accounts from Bank of China, DBS, Maybank, OCBC, StanChart, and UOB.

Will Request To Pay displace card payments in the future?

The potential is there, but tech roadblocks prevent wider adoption in the industry.

Contactless payments snare Singapore’s boomers

Loyalty programs are also rated as important by consumers in the city.

Fintech platform Airwallex officially launches in Singapore

Customers of the fintech platform will receive funds locally in SGD.

Mastercard appoints Safdar Khan as division president for SEA

He is responsible for implementing the multi-rail digital payments agenda in 10 SEA markets.