In a groundbreaking move, Alipay+ has significantly impacted the revenue streams of Malaysian SMEs by enabling cross-border QR payments via DuitNow in collaboration with Payments Network Malaysia Sdn Bhd (PayNet) and Ant International. The partnership, initiated throughout 2024, enabled Alipay+ to account for more than 80 percent of these international payments, offering unprecedented growth opportunities for local businesses. This collaboration
Near-field communication (NFC) mobile payments have become increasingly popular thanks to their simplicity, convenience, and enhanced security. This rise in adoption spans various age groups, highlighting a significant shift in consumer behavior. With just a simple tap of a smartphone, smartwatch, or NFC-enabled card, transactions can be completed effortlessly, making the entire payment process smooth and efficient for both consumers
It’s an exciting time to be in business. With numerous payment processing solutions available, choosing the right option for your specific needs can make a significant difference. While PayPal and merchant accounts are two of the most popular choices, they offer different advantages and drawbacks. This guide will help clarify which option aligns best with your business requirements and sets
The evolving landscape of digital payments demands innovative solutions that cater to a consumer’s need for convenience, security, and personalization. Mastercard One Credential emerges as a revolutionary product that optimizes the payment management experience for today’s digital-savvy users. With a rapidly increasing preference for seamless digital experiences, One Credential addresses the need for an integrated solution that brings together multiple
Real-time payments have emerged as a transformative force in the global financial ecosystem, fulfilling the modern consumer’s appetite for instant gratification in financial transactions, reminiscent of cultural trends depicted in popular media. This shift in the payments landscape extends beyond mere convenience, signifying a pivotal evolution in how financial transactions are processed worldwide. As the adoption of digital payments accelerates,
Bank Indonesia (BI) recently introduced QRIS Tap, a cutting-edge innovation in digital payments aimed specifically at enhancing convenience in the transportation sector. Officially launched on March 14, 2025, at the MRT Bundaran HI in Jakarta, QRIS Tap leverages Near Field Communication (NFC) technology to streamline and expedite payment processes, greatly improving user experience in public transit. The Advent of QRIS
In a significant move that promises to redefine local commerce, Bilt Rewards, a leading payments and commerce platform, has announced its acquisition of Banyan, a platform specializing in item-level receipt data. This is Bilt’s first acquisition, and it brings together two giants in their respective fields to create a more interconnected and efficient experience for both residents and local merchants.
As the landscape of online shopping continues to evolve at a staggering pace, consumers are finding more innovative ways to enhance their purchasing experiences. Sezzle, a leader in the Buy Now, Pay Later (BNPL) sector, has introduced cutting-edge features in 2024 aimed at transforming how shoppers interact with the digital marketplace. These updated functionalities are not only designed to fit
In a strategic move poised to significantly impact Vietnam’s digital payment environment, MISA, a notable provider of digital transformation solutions, has partnered with Visa, a global leader in digital payments. Announced on March 14, this collaboration underscores their collective focus on driving digital advancements within Vietnam’s business community. By enhancing financial inclusion and bolstering operational efficiencies across enterprises of all
As Thailand grapples with the aftermath of various economic challenges compounded by recent natural disasters, the government has stepped up with innovative financial relief initiatives aimed at providing immediate support to affected households and stimulating the broader economy. Leveraging technology, these initiatives include the Digital Wallet project and flood relief payments, serving as a testament to Thailand’s commitment to modern
Electric vehicle (EV) adoption has been rapidly increasing in recent years, driven by environmental concerns and the desire for more sustainable transportation options. However, one significant challenge that remains is the fragmented and often cumbersome experience of EV charging payments. As EVs become more common on the roads, it is crucial to develop efficient and scalable payment solutions to ensure
In 2024, Nexi has become a pivotal player in the rapid expansion of mobile payments in Italy, evidenced by an extraordinary 61% surge in spending volumes via smartphones and smartwatches. This dramatic increase mirrors a broader trend identified by the Innovative Payments Observatory of the School of Management of the Milan Polytechnic, which recorded a 53% bump in mobile payment
