Payments

Statrys and DBS’ Payments and Collections Solution Bags The Asset Triple A Award

Statrys, a Hong Kong-based fintech providing virtual business accounts for SMEs, has been recognised together with DBS Bank as the ‘Best Payments and Collections Solution Hong Kong’ at The Asset Triple A Treasury, Trade, Sustainable Supply Chain and Risk Management

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Four Asian E-wallets Expand to South Korea Through Alipay+

Ant Group announced that Alipay+ will be integrated into Asian e-wallets AlipayHK, the Philippines’ GCash, Malaysia’s Touch ‘n Go, and Thailand’s TrueMoney in an effort to jointly promote cashless travel in South Korea as travel restrictions were lifted in the country.

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HKMA’s Faster Payment System Sees Steady Growth With 10.9 Million Users

The Hong Kong Monetary Authority (HKMA) announced during the fourth anniversary of its Faster Payment System (FPS) that the service has received 10.9 million registrations as of the end of August 2022. According to them, FPS usage has also been

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Airwallex Pledges Additional HK$2.25 Million to Support Hong Kong SMEs

Cross border payments firm Airwallex announced plans to provide further support for the city’s Small and Medium Enterprises (SMEs) and startup community. Airwallex will commit an additional HK$2.25 million to the initiative, raising its total commitment to HK$4.5 million this

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Airwallex Online Payments App Launches on E-commerce Platform Shopify

Cross border payments firm Airwallex announced the launch of its Airwallex Online Payments App on e-commerce platform Shopify. The Airwallex Online Payments App is a payment gateway plugin that merchants can integrate on their online store to accept payments from

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Payment Managers Are Redefining Their Strategic Priorities for 2022

It is evident that digital acceleration is creating a new payments paradigm as corporate non-cash payments are forecasted to reach US$200 billion transactions by 2025. Shifting global payments priorities are placing new pressures on payments operations. Payments executives are facing

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Airwallex Officially Launches in New Zealand

Cross border payments firm Airwallex is now a fully registered Financial Service Provider with the Financial Service Providers Register in New Zealand and has launched its global payment services in the country. Businesses in New Zealand now have access to

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Currenxie Is Now a Part of Amazon’s Payment Service Provider Programme

Currenxie, a Hong Kong-headquartered cross-border payments company, announced that it will be participating in Amazon’s Payment Service Provider (PSP) programme. Participating PSPs must have appropriate risk and compliance controls in place and work with Amazon to reduce the potential for

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Wisecard Ties up With Zwipe to Offer Biometric Payment Cards

Wisecard Technology, a Chinese solution provider for smart card issuance and innovative payment platforms, has partnered with Zwipe to bring biometric payment cards to consumers in the Asia Pacific (APAC) region. Through this partnership, Wisecard will deliver pre-built personalisation scripts

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Why B2B Payments Is The Next Big Domino in APAC’s Fintech Innovation Wave

In the midst of the Covid-19 pandemic, a 2020 McKinsey report projected that Asia’s payments sector would be well positioned to exceed US$1 trillion in annual revenue by 2022 or 2023, despite also forecasting a temporary 1-8% decline in Asia’s 2020

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