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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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17-Aug-18 Chinese tourists can now use WeChat Pay to make purchases in Russia, the 17th country to accept transactions made via the popular payment app. In time, that payment option will be available for local consumers as well. [image: Freer / Shutterstock.com]
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Insights
16-Aug-18 Chinese tech giants Tencent and Alibaba are bringing their payment platforms to Hong Kong, a city that has long thrived on cash and plastic, putting them into competition with Google, Apple and Samsung, and local players like HSBC. [image: Business Insider]
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