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Singapore rolls out unified QR code payments

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 Insights

17-Sep-18 Singapore has launched Singapore Quick Response Code (SGQR), which it claims to be the world's first unified payments QR code. It will be adopted by 27 payment schemes including PayNow, Nets, GrabPay, Liquid Pay and Singtel Dash. [image: Finextra]

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Japan's Line Pay throws down gauntlet to Alipay

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 Insights

28-Jun-18 Japanese chat app operator Line unveiled a new service aimed at spreading mobile payment across Japan, in the most potent challenge yet by a Japanese operator to the dominant Chinese mobile payment platform, Alipay. [image: Keiichiro Sato / Nikkei Asian Review]

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In China - no-one has any money!

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 Insights

28-Jun-18 In China, everybody was still using cash. In 2016, China's mobile payments reached USD5.5 tn, roughly 50 times America's market. Mobile payments - mainly via WeChat - are now a default way of life. [image: Pulse LinkedIn]

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E-payments boom in Vietnam with new service providers

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 Insights

26-Jun-18 E-payments in Vietnam grew 22% in 2017 to USD6.14 bn and will double to USD12.33 bn by 2022. E-payments have grown in the country due to more options becoming available, increases in Internet usage and smartphone ownership. [image: Vietnam Business TV]

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Alternative payment providers position for growth in Indonesia

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 Articles

When it comes to growth opportunities for digital payments, Indonesia is in a league of its own. The prospect of tens of millions of new digital payment customers is too much for digital companies and investors to ignore. Looking at the numbers, it comes down to a combination of three factors telling payment companies that the timing is right, right now, to move into Indonesia: E-commerce growth; the size of the prize; familiarity with everything online.

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