Digital Payments

Visa: 55% Malaysians can go without cash for more than a week as digital payment usage increases
Increased preference to shop at merchants that accept cashless payment options Visa concludes shift to using more digital payments in Malaysia is here to stay
Mastercard appoints Safdar Khan division president for Southeast Asia
Responsible for implementing multi-rail digital payments in 10 SEA markets Brings 15 years of experience to lead a diverse region with rapid emerging economies
Asean fintech funding tripled between 2020 and 2021: Report
FinTech funding in Asean has more than tripled to a record high of US$3.5 billion in the first nine months of 2021 compared to the full-year of 2020.
MyMy, Mastercard to empower Malaysians with new financial services
Homegrown e-wallet player MyMy has obtained a principal membership from Mastercard, allowing it to include prepaid physical and virtual cards to its offerings. 
Digital payments, online shopping rising trend with Singapore seniors: Visa
Seniors in Singapore are turning to online shopping and digital payments due to Covid-19, according to Visa’s Digital Inclusion Research 2021.
Revenue Monster in collaboration with Sarawak Pay
Revenue Monster has added Sarawak Pay to its roster of payment options to encourage adoption of contactless payment in the state.
Lotus’s Malaysia cashless play grows, reveals tie-up with ShopeePay 
Lotuss' Malaysia records higher cashless payment of 25% amongst its shoppers and announced deal with ShopeePay.
​ShopeePay drives Thailand’s digital payment adoption forward
ShopeePay aims at driving fully-integrated digital payment forward in Thailand, with the objective of leveraging technology to raise quality of life. 
Majority of M'sians aware, interested in using digital banking services: Visa
Visa's new study reveals that over 74% of Malaysians are aware and 65% are interested in using digital banking services. 
For Stripe, Asia's fragmented payments landscape is an opportunity
In a discussion with Stripe’s business lead for Asia Pacific, we learn about the US-based startup’s view of the region, and how they are helping accelerate the region’s growing payment needs.
Download Digerati50 2020-2021 PDF

Digerati50 2020-2021

Get and download a digital copy of Digerati50 2020-2021