Cards & Payments

Chart of the Week: South Korean card payments to grow 4.9% through 2024

Average frequency of use is 136.2 times in 2020, higher than in France, US, and UK.
3 days ago

Chart of the Week: South Korean card payments to grow 4.9% through 2024

Average frequency of use is 136.2 times in 2020, higher than in France, US, and UK.
3 days ago

India’s largest bank invests in payment services provider Cashfree

Cashfree processes $20b worth of transactions annually.
10 days ago

Maybank introduces two new designs for Family & Friends Card

New customers may choose between the original black, as well as the new lilac and silver designs.
11 days ago

Pandemic accelerates Singapore’s cashless push by four years: Visa study

About 31% of locals pick contactless cards as their most preferred payment options.
16 days ago

Chart of the Week: Hong Kong card payments value to grow 4.4% in 2021

This comes after two years of decelerating growth due to trade tensions, protests, and the pandemic.
24 days ago

Citi appoints new Singapore head of credit cards and personal loans

Serene Gay will oversee credit cards and unsecured lending covering Citi branded cards.
25 days ago

China to account for half of mobile payments worldwide by 2023

The country’s mobile payment transaction value is expected to hit $1.3t this year.
28 days ago

Chart of the Week: Card payments in China to rebound 21.3% in 2021

Card payments are set to rise as economic activities gathers pace.
1 month ago

China’s digital currency fails to excite locals: report

Chinese people showed little interest in switching from mobile payment systems of Ant, Tencent.
1 month ago

Singapore, Thailand launch real time cross-border payments system

Participating banks’ clients will be able to transfer up to S$1,000 or THB25,000 daily.
1 month ago

Chart of the Week: Singapore’s card payments market to grow 10.2% in 2021

Business reopenings and ongoing COVID vaccination program will support spending.
1 month ago

DBS, J.P. Morgan, Temasek launch open platform for interbank payments

The three banks are building up on projects from their participation in Project Ubin.
1 month ago

Olympics, improving economy to push Japan card payments up by 9.5%

Card payments in Japan are expected to reach $1.1t by 2024.
1 month ago

Thai payment service provider GB Prime Pay now accepts JCB

The partnership expands the online merchant payment network in Thailand.
1 month ago

India's new digital payment licenses to increase competition, innovation

The NUE licensing has attracted the likes of Google, Amazon, and Facebook.
1 month ago

Indonesia upturns payments market with new foreign-friendly rules

The new regulations reduce the number of licenses and makes clinching foreign capital easier.
1 month ago

Indonesia upturns payments market with new foreign-friendly rules

The new regulations reduce the number of licenses and makes clinching foreign capital easier.
1 month ago