Mobile Payments

Nov
06

Alipay sets sights on digital payments outside Asia as it teams up 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 joint venture is Alipay’s first outside Asia, where it already partners with local e-wallet providers such as Hong Kong’s AlipayHK, Indonesia’s Dana and Malaysia’s Touch ‘n […]

By Reposted by International FinTech | FinTech . Payments
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Nov
06

GrabPay rated most popular e-wallet in Singapore

Grabpay has emerged as the most popular e-wallet in Singapore over the past two years, as e-payment systems catch on in the city-state. It was followed by e-wallets DBS PayLah!, FavePay, EZ-Link app and Alipay. A report by meta-search website iPrice Group, in collaboration with mobile data and analytics platform App Annie Intelligence, said the […]

By Reposted by International FinTech | FinTech . Payments
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Nov
04

Dutch fintech to bring mobile payments to South America’s smallest country

Dutch fintech Move4Mobile has developed a mobile payments app for Hakrinbank, bringing online payments to Suriname, the smallest country in South America. The app, named Mopé, will enable anyone with a smartphone to make purchases and transfer money electronically in a country where the majority of transactions are performed using cash. Mopé provides a mobile […]

By Reposted by International FinTech | FinTech . Payments
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Oct
23

Canada becomes the first country to launch Samsung POS

Today, Samsung Electronics Canada announced that Samsung POS (Point of Sale), a new, NFC-enabled contactless payment acceptance system designed for micro-merchants and small businesses, is now available exclusively in Canada. Samsung POS enables merchants to accept debit and credit payments – up to $100 CDN – by tapping contactless cards, Samsung Pay, Apple Pay, and […]

By Reposted by International FinTech | FinTech . Payments
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Oct
22

Japanese fintech firm Digital Wallet acquires PH’s Speed Money Transfer

Digital Wallet Corporation (DWC), a Japan-based financial technology (fintech) company, announced today that it has acquired remittance and foreign exchange firm Speed Money Transfer Philippines (SMTP) for an undisclosed amount. SMTP, which operates in the Philippines and Australia, will be renamed as Digital Wallet Philippines following the acquisition. The deal and the name change have […]

By Reposted by International FinTech | Currency . FinTech . Payments
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Feb
22

Google steps up global fight for digital wallet as China dominates mobile payments

Mobile payment transactions in China added up to more than US$12.8 trillion last year, making it the world’s largest mobile payments market. Now US tech giants are playing catch up. To get a sense of how pervasive mobile payments have become in China, consider that on the eve of this year’s Spring Festival, 668 million […]

By Reposted by International FinTech | Banking . FinTech . Payments
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Feb
15

Indians can now send money to each other via WhatsApp

WhatsApp is beta testing letting users in India send money to each other through the app. The feature isn’t available to everyone yet, but here’s what it looks like once you have it. Tapping “Payment” lets users enter an amount and zap it to anyone they’re chatting with on WhatsApp, as long as the other […]

By Reposted by International FinTech | FinTech . Payments
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Feb
15

Put people first to get fintech right in Asia

As the Year of the Rooster gives way to the Year of the Dog, fintech remains very much in the news and on investors’ minds. From blockchain to bitcoin, ethereum and other cryptocurrencies, and initial coin offerings that allocate “tokens” as a new means of crowdfunding capital, the language and disruptions buffeting the mainstream banking […]

By Reposted by International FinTech | Bitcoin . FinTech . Payments
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