Digital Payment

Aeon Bank, Visa partnership set to transform digital payment landscape 
AEON Bank, Malaysia’s first Islamic digital bank, has announced a strategic partnership with Visa.
Global non-cash transaction volumes set to reach 1.3 trillion in 2023
By 2027, new digital payment methods will be roughly 30% of total volume Driven by expanding digital payment infrastructure, regulations, open banking
Sasana Symposium 2023: Malaysia's real-time payment system 'robust and reliable' and 'second to none', but not hitting max capacity
E-payment use in M'sia has surged to 291 transactions per capita, targeting 400 by 2026 Bank-fintech collaboration crucial, combining trust and security with fintech's innovation
Xendit Officially Enters Malaysian Market
Malaysia is its third market after Indonesia and Philipines It is investing in Payex, a BNM-licensed payment gateway provider
BigPay adds three new services to its major payment license 
BigPay, a SEA fintech, announced that it has added three new services to its major payment Institution license, issued by the Monetary Authority of Singapore
Apple Pay makes its entry in Malaysia via Maybank, AmBank and StanChart
Available through credit cards, debit cards and prepaid cards of banks Enhance customers’ experience, offers another way to transact online
A third of seniors in SEA anxious making online payments: Kaspersky
Digital payment has emerged to be the leading choice for many consumers in Southeast Asia (SEA) when it comes to conducting their online financial transactions. 
AmBank to promote cashless payments solution via JomPAY
AmBank has partnered with Pejabat Tanah & Galian Melaka (PTGM) to offer a simpler and more convenient banking experience via JomPAY. 
Over 60% in SEA want SMS OTP in every e-payment transaction: Kaspersky
A recent Kaspersky research showed that e-payment adopters in SEA are becoming increasingly aware of the importance of safeguarding their financial data amidst the rapid rise of digital payment use in the region. 
Covid-19 drives rapid shift in Asia's payment tech: Mastercard
Mastercard’s study found that Asia Pacific consumers are now more open to new payment tech and innovation, though security is still a concern.
Download Digerati50 2020-2021 PDF

Digerati50 2020-2021

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