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GGM invited to speak on payments at the CPI Middle East & Africa Symposium in Dubai

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 Events

GGM's head of Financial & Business Services, Tom MacDonald, has been invited to speak about payment market trends in the Middle East at the Commercial Payments International Middle East & Africa Symposium in Dubai on 6-Nov-18. Tom will use GGM's proprietary payments market data to compare the Middle East with other world regions, and identify opportunities and threats throughout the payment ecosystem. [Image: Commercial Payments International]

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Lippo tycoon makes mark in Indonesian e-payments

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 Insights

07-Sep-18 Ovo payments, Lippo's e-money solution, can be used at 200 malls and 5,000 restaurants in Indonesia. The operator says it is the no.1 player in an Indonesian e-payments market that grew 434% in the first half of 2018. [image: Jun Suzuki]

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Bezos, Buffett bet on a USD250 bn Internet market in India

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 Insights

30-Aug-18 Walmart wraps a USD16 bn agreement on India's leading e-commerce player, Flipkart, while Amazon negotiates deals with a supermarket chain and a prominent retail conglomerate. Meanwhile Berkshire Hathaway has agreed to acquire a stake in digital payment leader Paytm. [image: Bloomberg]

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WeChat Pay to keep overseas focus on outbound tourism

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 Insights

11-Jul-18 Tencent Holdings' WeChat Pay said it will not seek to offer more local payment wallets to overseas customers over the next three years and will remain focused on serving outbound Chinese tourists better in popular overseas destinations. [image: SCMP]

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