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Japan finally embraces alternative payments

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 Insights

18-Jan-18 Japan's smartphone penetration exceeds 70% and households using e-money exceeded 50% in 2017. Now, analysts are expecting a 20% increase in cashless payments as the labour shortage and a tourist influx drive money to cards and phones. [image: Nikkei Asian Review]

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MOL introduces One2Pay digital wallet in Malaysia

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 Insights

15-Jan-18 MOL has introduced the One2Pay digital wallet, the latest addition to a number of e-payment solutions in Malaysia. The system allows customers to scan a QR code to pay for goods using funds stored in their account. [image: One2Pay / Lowyat]

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Verifone introduces remote payments in the US

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 Insights

15-Jan-18 To further enable merchants to accept payments from anywhere as seamlessly as possible, Verifone launched its e280 mobile-point-of-sale (mPOS) solution in the US, allowing store-owners to accept payments anywhere in the store or enable self-checkout kiosks. [image: PYMNTS.com]

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The rise of QR code payments in ASEAN

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 Insights

15-Jan-18 ASEAN nations are widely expected to adopt QR systems as a leading method of payment. However, they still a long way from emulating China and Japan’s adoption of the codes, as they lack standardisation and acceptance by banks. [image: ASEAN Today]

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Sarawak Pay, a step towards cashless society in Malaysia

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 Insights

13-Jan-18 Sarawak has become the first state in Malaysia to own an e-payment system, with the launch of Sarawak Pay. The app is an e-wallet where users can add up to MYR3,000 (USD76), via online banking or credit card. [image: Muhammad Rais Sanusi / Borneo Post]

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