Tag

mobile payments

Digi, CIMB launch mobile payment terminal for Malaysian businesses

Digi Telecommunications has teamed up with CIMB to roll out its wireless payments terminals where Malaysian businesses can accept credit and debit card payments. The devices will allow businesses to receive card-based payments for products and services without the need to be tethered to a physical phone line. The wireless payments terminals allow businesses to accept…

SpherePay receives USD 10 million in funding

SpherePay, the Singapore-based mobile payments app, has raised USD 10 million in funding from unnamed investors. The company said that the names of the investors were not revealed owing to “on-going developments”. According to SpherePay, the latest fundraising along with its collaboration with bike sharing operator oBike will position it as the top three payment…

Grab and Samsung partner for digital inclusion in Southeast Asia

Grab and Samsung have signed a Memorandum of Understanding (MOU) to help drive digital inclusion in Southeast Asia. The two companies will work together on a wide range of initiatives to bring the benefits of technology, such as enhanced customer experiences and improved income opportunities, to millions of consumers and Grab driver-partners across Southeast Asia. Grab is best…

WeChat Pay starts supporting cards issued outside China

WeChat Pay has started allowing cards issued outside of China to be loaded into their platform, opening up access to international customers. The option will be available to expatriates living in China, as well as in “Greater China”, to residents from Hong Kong, Macau, and Taiwan, and will apply to cards issued by JCB, Mastercard and…

Alipay rolls out in 242 Starbucks across Malaysia

Alipay has announced is now available for Mainland Chinese tourists at all 242 Starbucks branches across Malaysia.   Chinese tourists can find a nearest Starbucks through the in-app Discovery platform, and pay for their drinks in RMB via Alipay.   Starting from August 18 to October 31, a Chinese tourist using Alipay in Starbucks can enjoy…

PayPal and Skype team up for mobile payments

PayPal has announced a new deal with Skype that will allow users in 22 countries worldwide to send money to other Skype users through an updated version of the Skype mobile app.   This extends PayPal’s potential reach by a sizable amount – the Skype app has been downloaded over a billion times to date, and has approximately…

Samsung Pay to arrive on PayPal accounts soon

Samsung Pay has announced that users will be able to use PayPal in-app, in-store and online.   Users can add their PayPal accounts to Samsung Pay and use their PayPal wallet anywhere Samsung Pay is accepted. And because it uses proprietary MST (Magnetic Secure Transmission) technology, which allows you to use Samsung Pay at terminals…

Visa goes into mobile payments via QR Codes

Visa has launched a new payment system, called mVisa, which enables mobile payments between merchants and customers.   The system is based primarily on QR codes, but it also works with numerical codes for future phones. When making a purchase with mVisa, a consumer uses a smartphone to scan a QR code, which triggers a transfer…

Tencent opens its credit rating system

Tencent has opened its credit scoring system to limited group users on QQ, WeChat’s older sibling.   This marks a big step forward for Tencent:  not only does this fill in a glaring gap in their product lineup, it also puts them in direct competition with Alibaba’s Sesame Credit.   According to previous screenshots from early…

Starling Bank introduces Apple Pay

The UK-based mobile-only Starling Bank has announced the integration of Apple Pay for its customers.   The bank thus becomes the first bank in the UK to offer ‘in-app provisioning’, meaning that new customers will be able to load their card into their digital wallet with a single tap.   When using a credit…