Google merges payment platforms under Google Pay
Google is revamping its mobile payment offerings and creating a new brand called Google Pay. The new product merges Google’s existing mobile payment platforms. That includes Android Pay, which lets customers pay for things online and in stores with their Android phones, and Google Wallet, which lets you send money to your friends. The new…
Malaysia’s Wallet Wars Rages On: WeChat Pay Secures First Banking Partner
Following Tencent’s recent success in securing E-Money license from Bank Negara Malaysia, the company’s payments arm WeChat Pay has received the green light from Bank Negara Malaysia to partner up with Hong Leong Bank. Similar to Alipay’s game plan, WeChat Pay will also be initially focused on Chinese tourists visiting Malaysia to gain traction and…
ACI, Planet Payment to streamline online payments
Planet Payment and ACI Worldwide has announced the launch of SecurePlus that enable the acceptance of Union Pay cards online. UnionPay is a bank card association, with over 6.5 billion cards issued worldwide, having over 38 billion transactions on cards in 2016. SecurePlus allows the acceptance of both credit and debit cards without a re-direct…
67% of Chinese citizens use mobile payments overseas
Kapronasia and CANCAN have released a new survey on the spending habits of Chinese nationals when traveling abroad. As China’s economy continues to grow, more and more nationals are traveling abroad bringing with them their spending habits. In China, Alipay and WeChat Pay have become the payments methods of choice for a…
Is Malaysia Ready to Go Cash-Free?
A Cash-Free Future Think about the last time you carried a wad of cash to go shopping –we’re willing to bet that it’s been a while. Nowadays, all you need is to pack plastic; a debit or credit card and only a bit of spare cash, just in case. Even…
WeChat Wallet lands in Hong Kong before Apple Pay
Tencent’s WeChat Wallet service is now available to users in Hong Kong — just as Apple is working to release its mobile payment system in the city later this year. Hong Kong users who are part of the pilot programme will be able to link their Hong Kong credit cards…
Apple’s person-to-person mobile payment service planned for launch in 2016
Apple Pay has been around for more than a year and Apple is said to be working hard on expanding its mobile payment service. According to The Wall Street Journal, people familiar with the matter claim that Apple is in talks with several banks in the US to launch a…
Malaysian consumers prefer cash over card
Malaysian consumers are among the least confident people in the world when it comes to shopping online and 6 in 10 Malaysians prefers cash as daily spending method, a recent study shows. According to a survey by research company Nielsen, 60% of Malaysian consumers say their preferred payment method for…
Maybank2u Pay
Maybank2u Pay is a new payment facility that designed purposely for small and home businesses conducting transactions online. With the Maybank2u Pay, the shopper no need to enter the lengthy account numbers when transfer the money to the seller. It allow seller to easy reconciliation of sales transaction as well…
PayPal in-store payment system now available at over 18,000 locations in US
Throughout the past year or so, PayPal has been working to make its in-store payment platform more robust by bringing in a number of new retail partners, including Home Depot, Guitar Center, Barnes & Noble, and JC Penney. However, today the company has revealed that PayPal users can now pay…