Payments

Revolut becomes first to launch exclusive, limited edition 24-karat Gold Card in Singapore

Singapore, 4 December 2023 – Revolut, the global financial superapp with more than 35 million customers worldwide has today announced that it is launching a first-of-its-kind, limited edition 24-karat gold-plated…

Swift connects instant payment systems to bring round-the-clock processing across borders

Go-live of EPC scheme enables 24/7 instant payments across currency zones Swift provides end-to-end traceability Interlinking market infrastructures is key to achieving G20’s goals for cross-border payments Singapore, 1 December…

NomuPay accelerates growth through acquisition of Total Processing

KUALA LUMPUR, MALAYSIA, 1 DEC 2023 — NomuPay, a modern end-to-end payment platform purpose-built for expansion into regions of high cross-border and ecommerce growth, has acquired merchant services and bespoke…

Avoiding Visa and Mastercard regulation best way to keep big tech and emerging technology in check, says payments leader

Rafal Andzejevski calls on the UK government to protect the duopoly of Visa and Mastercard. Recent proposals by the US Federal Reserve have called for cuts to Visa and Mastercard…

Visa, UOB and Doxa transform payment processes for the construction industry

SINGAPORE – November 21, 2023 – Visa, a world leader in digital payments, today announced its partnership with United Overseas Bank Limited (UOB) and Singapore-based Fintech, Doxa to facilitate quicker…

The National Bank of Cambodia Partners Ant International for Interoperable Inbound and Outbound Cross-Border Mobile Payments

SINGAPORE, 15 November 2023 – The National Bank of Cambodia has signed a Memorandum of Understanding (MoU) with Ant International to promote inbound and outbound cross-border mobile payments. The signing…

Travellers from 8 Key Asian Travel Corridors Can Now Enjoy Seamless Digital Payments in Malaysia, More Travel Corridors in the Pipeline

Travellers with Alipay+ partner e-wallets from China, Hong Kong SAR, Philippines, Mongolia, Macau SAR, Japan, South Korea and Thailand can now make QR payments seamlessly at over 1.8 million PayNet’s…

US consumer watchdog proposes rules for Big Tech payments, digital wallets

WASHINGTON, Nov 7 (Reuters) – The top U.S. consumer financial watchdog on Tuesday proposed to regulate tech giants’ digital payments and smartphone wallet services, saying they rival traditional payment methods…

credit card, payment, credit-1730085.jpg

Mastercard and Agoda Expand Partnership to Drive Innovation and Efficiency in B2B Payments for the Travel Industry

SINGAPORE – October 30, 2023 – Mastercard, a global technology company in the payments industry, is expanding its partnership with Agoda, a digital travel platform headquartered in Singapore. The expanded…

Fed wants to lower ‘swipe fees,’ a potential blow to banks and credit card giants

The Federal Reserve Wednesday proposed lowering the fees banks can charge retailers for processing debit-card transactions, a victory for merchants who have long complained these “swipe fees” were too high…

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