E-payments
Apple Tap to Pay launches in Singapore, allows merchants to use iPhones as contactless payment terminals
Payment platforms Adyen, Revolut, Stripe among first to offer Tap to Pay. Grab will join in 2026.
New architecture for international payments is foundational for global growth
To realise this vision, interoperability across multiple technology platforms and networks is essential
Citigroup to tie up with Coinbase to boost digital payments for institutional clients
Dealmaking within the digital assets industry has picked up pace this year
Indonesia unicorn Xendit tests Asian success with Latin America push
The Jakarta-based firm processes over US$70 billion in payments annually across seven markets, including the Philippines, Malaysia and Thailand
India rolls out pilot for e-commerce payments via ChatGPT
The pilot will evaluate how the service can be expanded across verticals
UOB taps rising Johor spend with cross-border rewards redemption scheme for Singapore cardholders
This comes as spending by the bank’s Singapore credit card customers in Malaysia has risen
Asia’s real-time payments surge, but gaps persist: StanChart
A common challenge is reconciling payment data, where mandatory fields needed in one country’s transactions differ from those in another
New Zealand to ban surcharges on in-store electronic payments
Surcharges are an amount calculated as a percentage of the purchase price and are applied to transactions to cover the fees businesses pay for accepting contactless payments and credit card
Cross-border payments – new benchmarks needed
Banks must prioritise infrastructure modernisation and partnerships to leverage emerging payments innovation
The battle for the global payments system is underway
Some Europeans are looking to the next geoeconomic contest