Indonesia’s card payments market, which was affected by COVID-19 pandemic, is on the path of recovery supported by gradual rise in consumer spending. The card payments market is anticipated to g…
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Australia’s payment card market to lift 8 percent in 2021
The Australian payment card market is forecast to lift 8 percent in 2021, after a sluggish growth rate of 0.8 percent in 2020 – a year hindered by the Covid-19 pandemic and a reduction in consumer and…
Fashion brand Philipp Plein accepts cryptocurrency
The German fashion brand Philipp Plein becomes the first fashion house to accept cryptocurrencies as an official payment method.…
Korean tech firms expand to financial services
Naver, Coupang and Kakao expanded fast in line with the explosive growth of their online shops and merchandizing due to simpler access and payment over other payment options.…
Australia’s Afterpay sells minority stake to Tencent, eyes Asia entry
Australian digital payments firm Afterpay announced its sale of a minority stake to Chinese conglomerate Tencent for AU$300 million.…
Klarna launches in Australia
Klarna, the global payments and shopping provider, officially launches in Australia by introducing the Klarna Shopping app.…
Shinsegae Duty Free adds WeChat Pay facial recognition payments
Shinsegae Duty Free has added WeChat Pay facial recognition payments for the first time outside Greater China in some of its stores enabling Chinese customers to pay without cash, card, or a mobile ph…
Alipay partners with Russia’s Mail.ru
Alipay, one of China’s dominant digital payments providers, has teamed up with Russian internet firm Mail.ru in an e-wallet joint venture to develop digital payments in the country.…
The Shilla Online Duty Free launches Shilla Pay
The Shilla Online Duty Free has launched a new payment service, Shilla Pay, in collaboration with eBay Korea, the leading e-commerce company in Korea.…
WhatsApp wants to launch payments service in Indonesia
Social media messaging service WhatsApp is planning to launch a digital payment service in Indonesia, with the U.S. firm in talks with several local payment platforms, sources have revealed to Reuters…