In addition to benefitting micro and small businesses the cross-border QR payment linkage is aiming to support a significant number of travellers between the two countries, with travel rebounding post-pandemic.
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SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, has launched a digital banking platform called audax Financial Technology (audax), designed to complement banks’ core systems.
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Circle Internet Financial (Circle) has partnered with ride-hailing app Grab to pilot Web3 Services in Singapore
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Payoneer is preparing to expand its services having been granted a Major Payment Institution licence from the Monetary Authority of Singapore.
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Alternative payment methods such as mobile and digital wallets are being widely used in the e-commerce space in Singapore, accounting for 38.6% of online payments made in 2023, a GlobalData report has revealed.
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TerraPay plans to use the approval to bolster its existing local presence and partnerships across Singapore, South Korea, Vietnam, and the Philippines.
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Thunes extends Series C funding to $72m
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Businesses in Singapore can now accept payments from customers directly from their WhatsApp chat, as part of a new partnership between the messaging platform and payments infrastructure provider, Stripe.
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As part of the deal e-commerce merchants can accept payments from buyers locally in a range of markets via a single application programming interface (API) which includes the Tazapay Checkout system.
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The deal with Pick Network will allow DHL Express’ customers to collect their parcels from approximately 1,000 extra lockers near their homes
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Person-to-person (P2P) fund transfers are expected to be rolled out by the end of the year
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Four in five Southeast Asian consumers plan to use cashless payments more often, particularly in Thailand, Vietnam, Malaysia, Indonesia and the Philippines.
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Tap to Pay on Android is now available for in-person contactless payments in the US, Canada, the UK, New Zealand, Australia, and Singapore.
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The visit marked an important milestone in the exchange of information for fintech solutions in the region
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