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Singapore aims small to make it big in cashless drive

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 Insights

01-May-18 To accelerate its cashless initiatives, Singapore is focusing on driving its efforts towards SMEs who make up 99% of the businesses in Singapore. However, cash payments make up nearly 60% of transactions. [image: Shutterstock / Techwire Asia]

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Mobile payment increasingly popular in rural China

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 Insights

01-May-18 Mobile payment has become more popular in China's rural areas as Internet technology has made transactions faster and more convenient in remote places. Transactions through non-banking mobile payment services totaled USD6.8 tn in rural areas in 2017. [image: China Plus]

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How travelers are dictating where mobile wallets expand globally

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 Insights

25-Apr-18 Chinese players Alipay and WeChat are powering many digital purchase transactions in China and now abroad. These digital wallets are moving west, as the spending power of China's residents grows and the government allows travel to more destinations. [image: Shiho Fukada / Bloomberg]

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