Those above 40 years of age are starting to adopt digital payments a lot faster.
While many are sceptical of China’s payment medel being duplicated in other markets, the vice president of Tencent International believes it will happen in time.
Asian fintech player raises an undisclosed Series B round from Japanese investor, giving it a major foothold in a lucrative market.
US payments giant PayPal has launched an innovation lab in Singapore that will collaborate with government agencies, SMEs, startups and academia.
MasterCard said that its MasterPass digital payments platform has been gaining momentum in Asia Pacific, driven by the increasing trend among consumers in using it for smaller ticket, everyday payments.
Malaysian digital payments startup Soft Space International Sdn Bhd is gearing for 2015 to be a red-letter year with a number of new solutions – and more importantly, innovative use cases – that will roll out this year.