Views
PayPal: pathfinder in mobile payments and setting direction for the industry
PayPal has been in the news recently for launching and enhancing services that are changing the way we pay for goods – and manage our money. Read more…
mobile payments
Views
Contactless payments are now mainstream, especially in Asia Pacific
Contactless payments and mobile payments in general have been on a sustained growth curve for the last few years. Read more…
News
Indonesian fintechs working with Facebook to launch mobile payments
Three Indonesian digital fintech firms are working with Facebook to apply for regulatory approval to launch mobile payments in the country. Read more…
Features
Singapore leads world in Chinese tourist mobile payment usage
Surveying 4,837 Chinese travelers and 547 overseas merchants, report finds that Singapore leads in mobile payment usage among Chinese tourists. Read more…
Off the Wire
Mobile payment services in Taiwan are rapidly going international
LINE Pay Taiwan forms “Cross-Border Mobile Payment Alliance” allowing people from Japan, Korea and Thailand to use mobile payment services in Taiwan. Read more…
Off the Wire
Pricerite to accept cryptocurrencies as payments in all stores
Home-furnishing retailer Pricerite provides a wide range of mobile payment methods and is now the first local retail chain to accept cryptocurrencies. Read more…
News
WhatsApp in talks to launch mobile payments in Indonesia
WhatsApp is in talks with multiple Indonesian digital payment firms to offer their mobile transaction services, to tap the fast growing e-commerce sector. Read more…
Views
The world of payments may be in for a bumpy ride
There seems to be a lot of activity in the world of payments. Sadly, not all of it is encouraging and some of it seems more than a little confusing. Read more…
News
Line lands separate FinTech deals with Mizuho and Tencent
TOKYO (Reuters) – Japanese chat app operator Line Corp will set up a bank with Mizuho Financial Group and also partner China’s Tencent to offer mobile payment services – plans which saw its stock rise Read more…
News
Tencent and Line team up on mobile payments: report
TOKYO (Reuters) – Tencent Holdings and Japanese chat app operator Line Corp will tie up to offer mobile payment services for small Japanese retailers aiming to attract business from Chinese tourists, the Nikkei business daily Read more…
News
Remittance fees for migrant workers are too high: UNESCO
LONDON (Thomson Reuters Foundation) – Lowering the fees migrant workers pay to send money home could result in $1 billion more being spent on education in developing countries, the United Nations said on Tuesday. Financial Read more…
News
RBI guidelines to make India’s mobile wallets interoperable
MUMBAI (Reuters) – The Reserve Bank of India on Tuesday laid out guidelines that would allow for seamless payments between different mobile wallets, in a move that could further boost the use of digital payments Read more…
Off the Wire
Singtel and AIS kick off international mobile payment alliance
The Singtel Group has launched its planned cross-border mobile payment alliance with Thai cellco AIS and Kasikornbank, Thailand’s largest digital bank. Under the alliance, branded ‘Via’, Singtel and AIS will offer QR code-based mobile payments Read more…
Features
Tencent and Alibaba square off over SEA remittance market
JAKARTA/HONG KONG (Reuters) – For Chinese tech giants Alibaba and Tencent, Southeast Asian domestic helpers in Hong Kong may prove key to their global ambitions in financial services. Both companies recently launched money-transfer services that Read more…
News
Google Pay tweaks privacy policy after Paytm complaint
NEW DELHI/MUMBAI (Reuters) – Google has tweaked the privacy policy of its Indian digital payments mobile application, days after local rival Paytm complained that the US tech giant’s platform allowed disclosure of customer data for Read more…
Off the Wire
SoftBank and parters demo blockchain-based RCS payments
SoftBank, Synchronoss Technologies and TBCASoft have partnered on a proof of concept (PoC) for a new cross-carrier mobile payments service based on the RCS global messaging standard and TBCASoft’s cross-carrier blockchain platform. Earlier this year, Read more…
News
Grab partners with Moca for Vietnam mobile payments
HANOI (Reuters) – Grab announced on Tuesday its partnership with Vietnam’s Moca Technology and Service company (Moca) for a mobile payment service in Vietnam, as the ride-hailing firm pushes to cement its position in the Read more…
News
Google partners with Indian banks for loan services
NEW DELHI (Reuters) – Google said on Tuesday it is partnering with a handful of Indian banks to bring quick loans to the masses, as it aims to woo tens of millions of new internet Read more…
News
Berkshire Hathaway puts $376m behind India’s Paytm
NEW YORK/MUMBAI (Reuters) – Berkshire Hathaway invested 25 billion rupees ($356 million) in the Indian company behind digital payments firm Paytm, according to a source with direct knowledge of the deal, in a foray by Read more…
News
WhatsApp promises India tools to fight fake messages
NEW DELHI (Reuters) – India said Facebook-owned WhatsApp had pledged on Tuesday to develop tools that would combat fake messages, to help the country crack down on people whipping up public anger through mass message Read more…