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Insights
07-Jan-18 The US saw USD112 billion of mobile payments in 2016, while payments in China totaled USD9 trillion. For Alibaba and Tencent the payoff isn’t just the 0.6 percent transaction fee from merchants. It’s also the consumer data collected. [image: Forrester Research / iResearch]
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Insights
05-Jan-18 Store owners in Japan may soon be able to accept payments using JCB's new palm scanning payment app. Advances in 'empty-hand payments', requiring neither phone nor wallet, could push Japan forward in the move away from cash. [image: Nikkei Asian Review]
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Insights
03-Jan-18 2017 has been an exciting year for fintech startups in Indonesia with online lending (8% of total), payment gateways (43% of total), and market provisioning and aggregator offerings (13% of total) making up the bulk of the market. [image: Mekar]
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Insights
02-Jan-18 UnionPay and commercial banks in mainland China recently launched Mobile QuickPass, an e-wallet accepted at 680,000 POS terminals across 16 countries and territories outside mainland China, including Hong Kong, Macau, Taiwan, Singapore, Australia, New Zealand, Canada and Russia. [image: China Internet Watch]
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Insights
28-Jan-18 Riyad Bank has become the first local bank to offer Mastercard's new global digital payment service, 'Digital Enablement Service' in Saudi Arabia. The platform supports the management, generation and provisioning of digital payment credentials into mobile devices. [image: Arab News]
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