Articles with tag: indonesia

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GoPay launches e-wallet for YouTube subscriptions in Indonesia

10 Aug 2020 | Mobile Payments

GoPay, Gojek’s digital wallet and payment solutions platform has launched its payment option on YouTube Premium and YouTube Music subscriptions in Indonesia.

GoPay, Gojek, Google Pay, Indonesia, e-wallet, YouTube subscriptions, Southeast Asia, Asia, APAC, mobile payments, Youtube music, sibscription payments

United Overseas Bank launches its digital bank in Indonesia

07 Aug 2020 | Online & Mobile Banking

Singapore-based United Overseas Bank (UOB) has launched its digital bank TMRW in Indonesia.

UOB, digital bank, digital, bank, Indonesia, tech, Singapore, United Overseas Bank, TMRW, banking, AI, artificial intelligence, data, account opening, transactions, chatbot, TMRW Intelligence Assistant, TIA, QR, payments, merchants, banks, National Non-Cash Movement, Quick Response Code Indonesian Standard, QRIS

Ayoconnect closes USD 5 mln Pre-Series B funding round

07 Aug 2020 | Payments General

Ayoconnect, an Indonesian fintech company, has raised USD 5 million in Pre-Series B funding from strategic global investors to continue building Indonesia’s largest bill network. 

Ayoconnect, funding round, fintech, financial inclusion, payments, Indonesia

ECOMMPAY launches Gate2Asia payment solution for business expanding to Asia

06 Aug 2020 | Online Payments

ECOMMPAY has launched a payment solution called Gate2Asia, which unifies local payment options into one platform for online businesses entering the Asian markets. 

ECOMMPAY, launch, payment solution, Gate2Asia, local payment options, online businesses, Asia, ecommerce, China, Australia, New Zealand, Indonesia, Malaysia, Philippines, Thailand, Vietnam, COVID-19

Grab rolls out a series of consumer financial services

04 Aug 2020 | Online Payments

Grab has announced that its financial unit, which previously focused on services for entrepreneurs and small businesses, is launching a series of products for consumers.

Grab, launch, consumer financial services, AutoInvest, buy now, pay later, insurance, Indonesia, micro-investment, digital wallet, ullerton Fund Management, UOB Asset Management, Singapore, PayLater, Singapore, Malaysia, third-party, merchants, cart abandonment rates

Ecommerce platform Sorabel to shut down by end of July

27 Jul 2020 | Online Payments

Indonesia-based fashion ecommerce platform Sorabel has confirmed to be shutting down by the end of July 2020.

Indonesia, ecommerce, Sorabel, liquidation, startups, COVID-19, pandemic

BI pushes for Open Banking development amid data security concerns

24 Jul 2020 | Online & Mobile Banking

Bank Indonesia (BI) has urged the financial industry to develop an open banking system to boost financial inclusion, but a lack of security standards and data protection regulation can hold up the central bank’s latest effort to boost the digital economy.

Bank Indonesia, Open Banking, data, security, regulation, payments, API, fintech, financial inclusion, standardisation

Google in talks with Temasek to invest in Tokopedia

06 Jul 2020 | Ecommerce

Google and Temasek have started talks regarding a funding round for Indonesia-based ecommerce company Tokopedia.

Temasek, Tokopedia, Google, BigTechs including Facebook, Microsoft, Amazon, Indonesia, ecommerce, data theft, COVID-19

Google launches cash payment option in its Play Billing Library version 3

15 Jun 2020 | Payments General

Google has rolled out  a cash payment option in its Play Billing Library version 3, as there are still many places in the world where credit cards and bank accounts aren’t common.

Google, cash payments, Play Billing Library version 3, Indonesia, Malaysia, Indonesia, promo code, Play Store, in-app purchases

AirAsia rolls out contactless procedures at the airport

15 Jun 2020 | Mobile Payments

Malaysia-based airline company AirAsia has implemented contactless procedures at the airport to align with the safety measures imposed by the government.

AirAsia, Malaysia, SOPs, Recovery Movement Control Order, RMCO, World Health Organisation, International Civil Aviation Organisation, ICAO, contactless payments, Wave, AliPay, WeChat Pay, Kuala Lumpur International Airport, contactless kiosks, Malaysia, Thailand, Philippines, Indonesia, Japan, mobile app, Apple Wallet

Rapyd research identifies rising digital payments across APAC

11 Jun 2020 | Online Payments

Global fintech Rapyd has revealed data regarding the frequently used and preferred payment methods in APAC. 

Rapyd, The Rapyd 2020 Asia Pacific eCommerce and Payment Study, APAC, India, Indonesia, Japan, Malaysia, Singapore, Taiwan, Thailand, e-wallets, e-commerce, mobile commerce, cards, mobile wallets, Real-Time Payment, RTP, UPI, PromptPay, PayNow, Touch N Go, Boost, PayPal, GrabPay, Cash on Delivery, Movement Control Order, mobile payment methods

WhatsApp, Paypal invest in Indonesian payment provider Gojek

04 Jun 2020 | Mobile Payments

Messaging platform WhatsApp and Paypal have invested in payment and ride-hailing company Gojek as part of the Indonesia-based company's ongoing fundraising round.

WhatsApp, Paypal, Gojek, Philippines, Indonesia, GoPay, mobile payments, Southeast Asia, Asia, APAC; payments,

GoBear to unfold its consumer financial services in Asian markets after USD 17 mln funding round

27 May 2020 | Online Payments

Singapore-based fintech startup GoBear has raised USD 17 million to unfold its consumer financial services platform in Asian markets.

GoBear, Walvis Participaties, Aegon N.V, funding, consumer financial services platform, Hong Kong, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, digital payments, credit cards, mobile payments

Mobile payment technologies market to account for USD 3104.8 bln globally by 2027

26 May 2020 | Mobile Payments

Coherent Market Insights’ analysis has unveiled how mobile payments are increasingly becoming a vital instrument in various markets, especially in emerging economies.

Coherent Market Insight, mobile payment solutions, emerging economies, mobile payments, forecast, APAC, Brazil, India, China, Indonesia, digital wallets, debit card, sim card based payments, Paytm, Amazon, Flipkart

Jingle Pay to extend in UAE

22 May 2020 | Payments General

Dubai-based fintech startup Jingle Pay has announced bringing neobanking to the Middle East, starting with its home turf of the UAE. 

Dubai, startup, Jingle Pay, Middle East, digital banking, neobanking, neobank, UAE, mobile wallets, payments, onboarding, AML, Indonesia, Philippines, GCC

Boku launches with Pearl Abyss to extend mobile payments and e-wallets services

21 May 2020 | Online Payments

UK-based carrier commerce operator Boku has launched Direct Carrier Billing (DCB) and e-wallet payment services for Korea-based game developer Pearl Abyss Corp.

Pearl Abyss, Boku, e-wallet, direct carrier billing, online payments, UK, game payments, Russia, Turkey, Thailand, Philippines, Indonesia, Malaysia, Singapore, RabbitLinePay, GCash, GoPay, OVO, Dana, GrabPay.

MoneyGram teams up with E9Pay

20 May 2020 | Online Payments

MoneyGram, a cross-border P2P payments and money transfers service, has partnered with with E9Pay, a money transfer and payment fintech companies in Korea. 

MoneyGram, partnership, Korea, fintech, E9Pay, cross-border, P2P, payments, money transfer, network, Southeast Asia, Russia, Commonwealth of Independent States, CIS, Woori Bank, Shinhan Bank, Korea Post, Kyongnam Bank, Sentbe, Overseas Remittance Business No. 1 License, Ministry of Economy and Finance, MOEF, Nepal, Cambodia, Sri Lanka, Vietnam, Philippines, Indonesia, China

Nium to expand remittances routes for KasikornBank customers

19 May 2020 | Mobile Payments

Singapore-based fintech Nium has announced the expansion of new remittance corridors for customers of KasikornBank (KBank) through its K PLUS app.

Nium, remittance, KasikornBank, Singapore, KBank, K PLUS, Asia Pacific, Indonesia, Korea, Malaysia, Philippines, Vietnam, payments, digital remittance, cross-border payments, digital payments

Asian fintech Oriente gets USD 50 mln to develop digital financial services

28 Apr 2020 | Payments General

Oriente, a Hong Kong-based startup that develops tech infrastructure for online financial services, has raised USD 50 million for its ongoing Series B round.

Hong Kong, payments, fintech, lending, cash loans, online credit, SMEs, Vietnam, Indonesia, Oriente

Upbit, Chainalysis extend partnership for improved crypto compliance

24 Apr 2020 | Cryptocurrencies

US-based Chainalysis has announced a partnership extension with South Korea-based crypto exchange Upbit to provide blockchain analysis support across APAC.

Upbit, Chainalysis, crypto compliance, US, United States, South Korea, APAC, Thailand, Indonesia, Singapore, crypto exchange, blockchain analysis support, KYT, know your transaction, safe trading environment, anti-money laundering, AML, financial action task force, FATF