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Insights
20-Sep-18 As part of Flipkart's strategy in India to drive its merchandise volume by 20%, the company is launching affordability instruments, offering customers instant credit of up to INR60,000 (USD823), following Amazon's lead. [image: Business Today]
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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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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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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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Insights
29-Aug-18 Millions of Indonesians have recently opened a bank account for the first time thanks to companies like Go-Jek. Smartphone adoption and e-payment apps are penetrating Indonesia's unbanked population on a scale that banks have never achieved. [image: Akira Kodaka / Nikkei Asian Review]
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