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Euromonitor International has published its findings on Asia Pacific’s 52 percent of global paperless transactions, the highest paperless payment transaction value in 2023.
product launch, payments , credit card, debit card, card scheme, online payments, mobile payments, digital payments, financial inclusion, ecommerce
Alipay+ has announced it signed a business agreement with the Korea Easy Payment Foundation (KEPF) and Jeju Tourism Organization (JTO).
e-wallet, digital payments, travel payments, QR payments, merchants
Global full-cycle verification platform Sumsub has partnered with Travel Rule compliance solution CODE.
partnership, compliance, regulation, AML, virtual asset
Alipay+ has announced the initiative to enable digital payments of 14 international e-wallets from 9 countries in Hong Kong, aimed at the city’s global travel drive.
product launch, partnership, payments , digital payments, mobile payments, online payments, ecommerce, cross-border payments, cross-border ecommerce, SMEs
US-based payments provider Nium has partnered with Indonesia-based payment infrastructure company Artajasa to augment cross-border transfers for Indonesians.
cross-border payments, real-time payments, payments infrastructure, expansion, fintech
Singapore-based digital asset exchange Crypto.com has announced that its local entity, CRO DAX Middle East FZE, has received full operational approval from Dubai’s Virtual Assets Regulatory Authority (VARA).
digital assets, cryptocurrency exchange, cryptocurrency
Touch ‘n Go eWallet has announced its decision to implement a 1 percent conversion fee for overseas QR payments, starting on the 25th of April 2024.
payments , cross-border payments, cross-border ecommerce, online payments, mobile payments, digital payments, ecommerce
Ant Group has signed 11 partnerships with global e-wallets and card organisations as part of a programme to build international consumer-friendly zones in China.
mobile payments, digital wallet, cross-border payments, partnership, digital payments
The BIS and seven central banks have partnered with the private sector to explore tokenisation's impact on the monetary system.
tokenization, central bank, distributed ledger technology, cross-border payments
Global payment network provider GLN International has entered a collaboration with SendMn and QPay in a bid to enable cross-border QR payments in Mongolia.
partnership, payments , QR payments, QR code, financial services
Crypto.com, the cryptocurrency platform serving over 80 million customers globally has announced the launch of the Crypto.com App in South Korea.
trading platform, cryptocurrency exchange, crypto, NFT, regulation
Samsung Pay, a South Korea-based payment service, has announced its decision to stop working with Russia’s national Mir payment cards starting April 3 2024.
regulation, payments , online payments, mobile payments, digital payments, ecommerce
Boku has launched a new global research report, in which the company analysed payment preferences and purchasing behaviours of customers globally.
product launch, payments , card scheme, online payments, mobile payments, digital payments, ecommerce, partnership
Building onto our previous reporting related to the partnerships that took place in Q4 2023 within the banking and fintech space, this analysis focuses on the payments and commerce industry.
partnership, payments , ecommerce, regulation, financial institutions, fintech, startup, merchant, payment processor, mobile payments
Global payment network provider company GLN International has signed a memorandum of understanding with Nepal-based Fonepay.
partnership, cross-border payments, mobile payments, QR payments
The Paypers looked into the most relevant partnerships announced during Q4 2023 within the banking and fintech space, discovering preferences that went from Open Banking technologies and their applications in ecommerce, card payment innovations, as well as an overall focus on financial crime, fraud prevention, crypto, Web3, and CBDC developments.
partnership, Open Banking, banking, fintech, fraud management, cryptocurrency, crypto, The Paypers Quarterly Analysis series
France-based digital payments company Worldline has entered a strategic partnership with payment firm Opn to solidify its presence in the Asian ecommerce market.
partnership, online payments, ecommerce, cross-border ecommerce, cross-border payments
Vlad Macovei from The Paypers emphasises the worldwide move toward Open Data regulation, including the EU's Data Act, changing North American data privacy laws, and global legal approaches to data privacy.
open data, Open Banking, Open Finance, regulation, data sharing, GDPR, data protection, artificial intelligence, Digital Markets Act (DMA), PSD2, banking, fintech
Ant Group, the fintech affiliate of Alibaba Group Holding, has increased the mobile payment transaction limits for overseas visitors to Alipay and international e-wallets in China.
travel payments, e-wallet, digital wallet, cross-border payments, credit card, debit card
Mirela Ciobanu from The Paypers examines key cross-border payment trends for 2024 and beyond, highlighting a focus on innovation, security, and regulatory compliance.
cross-border payments, central bank, SWIFT, blockchain, digital assets, stablecoin