Payments

Wallyt Partners Asia United Bank to Accept Mastercard’s QR Code in the Philippines

Wallyt, a Hong Kong-based digital payment and open banking solutions provider, has partnered with the Philippines’ Asia United Bank (AUB) to launch a card payment acceptance solution for merchants via a card QR code or link. Through the strategic partnership,

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To Build or to Buy, the Defining Payments Decision Merchants Must Confront

Asia-Pacific is propelling the retail industry, generating about three-quarters of global growth. By 2025, Asia Pacific’s e-commerce sales are expected to nearly double and reach US$ 2 trillion. This unprecedented and accelerated growth is great news for merchants across Asia,

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South Korean Payments Firm CHAI Pockets US$45 Million in Series B+ Fundraise

South Korean payments startup CHAI raised US$45 million during a Series B+ funding round that was co-led by SoftBank Ventures Asia (SBVA) and Nyca Partners. SBVA’s participation in this funding round marks their second Series B investment into CHAI. The

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Is Payment Friction Challenging Your Business Growth Ambitions?

Digital payments transaction value is growing exponentially and is expected to climb to US$5.6 trillion in Asia by 2025. For companies that use digital payments, user experience, straight-through processing rates and operational efficiency have become primary concerns. Although companies such

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Rapyd Inks Deal to Acquire Hong Kong-Based Neat

Global Fintech-as-a-Service platform Rapyd announced that it has agreed to acquire Hong Kong-based Neat, a cross-border trade enabling platform for small and medium-sized businesses (SMBs) and startups. Terms of the deal were not disclosed, and it is subject to regulatory

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Visa and Neat Launch Virtual and Physical USD Corporate Cards in Hong Kong

Neat, the Hong Kong based financial solutions ecosystem for SMEs and Visa today announced the launch of the Neat USD Visa Corporate Card in Hong Kong. Available in both virtual and physical formats, the card will allow entrepreneurs, SMEs and

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Currenxie Unveils Cross Border Visa Business Cards in Hong Kong

Currenxie, a Hong Kong-headquartered cross-border payments company, announced that it has launched a Visa card to provide businesses with a more convenient and secure way to manage global payments. The Currenxie Visa Business Card is available now to the company’s

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2C2P to Offer UnionPay’s Payments Authentication for Hong Kong Merchants

Global payments platform 2C2P announced a partnership with UnionPay International to offer the UnionPay 3-D Secure (3DS) payment authentication solution to its network of merchants in Southeast Asia and Hong Kong. 2C2P will launch UnionPay 3DS in October first in

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ZA-Backed Startup Bloom Partners With Visa to Create a Cashback App

Bloom, a Hong Kong-based technology startup backed by ZA International, announced a collaboration with Visa to create a cashback app. The technical support for Bloom is provided by Visa’s back-end system for processing card transactions. Bloom can distribute instant rebates

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Stripe Deepens Partnership With UnionPay to Tap Into China’s Consumer Market

Payment infrastructure provider Stripe has deepened its partnership with China’s UnionPay International to widen its access to the booming global Chinese consumer market. Stripe’s partnership with UnionPay International complements its existing Alipay and WeChat Pay integrations. Through a single integration,

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