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Payments

Payments Archives

Smile to pay: the looming boom in facial recognition

Meanwhile, fingerprint sensors will dominate the sector, featuring on 93 per cent of biometrically equipped smartphones ...

Research suggests BNPL trend will disrupt e-commerce payments across Apac

Covid-19 has adversely affected consumers’ disposable income, resulting in rising demand for consumer financing and grow...

GoJek takes stake in e-wallet, ramping up rivalry with Grab

GoJek rival Grab announced last November it was leading a US$100 million investment round in LinkAja, which also receive...

Hong Kong on the cusp of a cashless economy as digital payments boom

Cash use in Hong Kong at the POS declined by 17 per cent from 2019, accounting for just 9 per cent of in-store payments ...

Klarna funding round makes it Europe’s most valuable startup at US$31bn

Swedish payments firm Klarna has nearly tripled its valuation in less than six months.

JD is China’s first online platform to accept nation’s digital currency

Chinese e-commerce company JD.com Inc said on Saturday it has become the country's first virtual platform to accept Beij...

China releases draft rules for e-commerce platforms

China's market regulator on Tuesday published draft rules aimed at preventing monopolistic behavior by internet platform...

Alibaba eyeing cornerstone stake in Grab

Chinese tech giant Alibaba is said to be on the brink of investing US$3 billion into Grab Holdings, attracted by a signi...

ShopBack launches in Vietnam

Asia Pacific coupon platform ShopBack is to launch in Vietnam following strong growth during a Beta-trial phase.

AuMake says Covid-19 fast-tracked digital and buy-now-pay-later plans

Daigou business AuMake said it is increasing its investment in long term growth drivers, enhancing online offering and ...