Clik here to view.
Singapore’s Stream Media raises SGD1mil in Series A round
Singapore-based mobile payment startup Stream Media announced today an investment of SGD1 million (US$790,000) from three firms including Stream Global (unrelated), SingTel Innov8 and the National...
View ArticleClik here to view.
Zynga starts prepaid-card sales in Asia
Zynga will start selling prepaid cards containing credit for its in-game currency in six Asian countries from today. The San Francisco social gaming giant is partnering Malaysian company MOL to sell...
View ArticleClik here to view.
Mastercard says Asian countries are ready for mobile payments
Photo: wordsinspace.net Mastercard’s latest survey on the global mobile payment landscape reveals trends that Asian consumers are open to mobile payments. Mobile payment is gaining popularity for both...
View ArticleClik here to view.
MOLCube mobile payment startup gets nod from Malaysia’s Bank Negara
Soft Space teams up with MOL AccessPortal to bring smartphone-based mobile payment processing to Malaysia. The payments industry is one such industry that is currently undergoing a disrupt. For...
View ArticleClik here to view.
PayPal appoints Lawrence Chan as VP for Asia Pacific New Ventures
PayPal has appointed Lawrence Chan as Vice President of Asia Pacific New Ventures and General Manager of Southeast Asia and India. PayPal has announced the appointment of a new key official in the Asia...
View ArticleClik here to view.
PayPal stops Personal Payments in Singapore
PayPal’s Personal payments services stops in Singapore due to regulatory instructions. PayPal Singapore has announced that it will discontinue its Personal Payments services in the country starting...
View ArticleClik here to view.
Updated: Visa’s payWave hits a million cards in Singapore, expects numbers to...
Visa’s issues a million contact-less cards, expects numbers to double by year end as adoption grows. Previews mobile wallet application. Updates: An earlier version mentioned that Visa Singapore hopes...
View ArticleClik here to view.
MOL Global acquires Indonesia’s payment service AyoPay
PT. MOL AccessPortal acquires AyoPay and expands MOL’s offerings in Indonesia. PT. MOL AccessPortal (MOL Indonesia), a subsidiary of MOL Global Pte Ltd, has just announced it’s acquisition of AyoPay,...
View ArticleClik here to view.
Cubie strikes gold with Fortumo’s mobile payment platform partnership
Cubie Messenger integrates with mobile payment platform Fortumo for alternative phone billing payment options. Cubie Messenger has just announced on their blog that they have successfully integrated...
View ArticleClik here to view.
Mobile payment platform POKKT closes seed round, looks to get into SEA
With Jungle Ventures as funder, POKKT hopes to make Singapore, Indonesia and Malaysia as its biggest markets. CEO Rohit Sharma hopes to break even in 12 months. POKKT (Pocket), an alternate mobile...
View ArticleClik here to view.
“Bitcoin bypasses state controls and taxation”
CARTES Asia’s Michael Weatherseed says Bitcoin is innovative, but its future is unclear, with various countries approaching it differently Bitcoin is certainly on the rise, both as a means of monetary...
View ArticleClik here to view.
What is stopping you from making mobile payments?
With eight billion global mobile cellular connections, why are we yet to see mainstream adoption of a plethora of m-payment services available today? Global mobile cellular connections are expected to...
View ArticleClik here to view.
Now startups can enable mobile payment via apps with new PayPal SDK
Currently available only in Singapore, this software development kit will allow consumers to make payments on mobile apps directly PayPal has launched its latest offering — a mobile software...
View ArticleClik here to view.
Finnish mobile-payments startup IroFit raises US$600K seed fund
IroFit’s CEO reveals to e27 that the startup is interested in India, China, the Philippines, Indonesia, Malaysia and Thailand Image credit: IroFit Helsinki-based ‘Internet-free’ mobile payments startup...
View ArticleClik here to view.
Go mobile payments – your time is now!
With ApplePay and AndroidPay, we finally have a converged standard and it will be a good thing for the industry I’ve been reading about this cool new thing called AndroidPay and I wonder, what the...
View ArticleClik here to view.
Vietnam’s OnOnPay launches mobile top-up service for Southeast Asia
As prepaid plans begin taking over the global mobile market, Hanoi-based OnOnPay launches to take on Thailand and Malaysia In the past, smartphone users had no choice but to hook into restrictive...
View ArticleClik here to view.
Mobile wallet Xendit targets Indonesia’s P2P payment market
Currently in beta, the launched version will allow users to connect their debit cards, send funds to friends and withdraw wallet funds to a bank accounts Although BlackBerry Money hasn’t gained any...
View ArticleClik here to view.
Banks should adopt mobile payment or risk becoming irrelevant: Forrester
Visa says over half the people in Asia use mobile payments, and Criteo puts the Southeast Asian conversion rate at 45 per cent As Southeast Asian merchants, startups and consumers increasingly adopt...
View ArticleClik here to view.
Infographic: Two charts to breakdown mobile payment platforms
Tech is jumping on the money transfer service bandwagon; as your messaging app becomes a payment tool, keep these statistics in mind Facebook, LINE, Snapchat, Kakao Talk. All of these mobile giants...
View ArticleClik here to view.
WeChat to charge its 560M users for big e-money transfers
Tencent’s all-in-one app will now charge a 0.1 per cent fee on mobile transfers over RMB 20,000 (US$3,155) to cover bank transaction fees At Tencent’s annual Global Partner Summit in Chongqing last...
View ArticleClik here to view.
Apple Pay plans to enter China market come February: WSJ
While China is Apple’s most important market outside of the US, the mobile payment service faces fierce competition from Alibaba and Tencent An agreement between Apple and China’s Big Four state-owned...
View ArticleClik here to view.
Singapore’s GoSwiff chosen as Ooredoo mobile payment partner
A major part of the deal is for GoSwiff to take charge improving Ooredoo’s ability to facilitate a smart device’s capability to become a cash register International telecommunications giant Ooredoo...
View ArticleClik here to view.
Over a third of total online transactions processed via mobile: Report
Global online payment processing company Adyen sees that number still growing as more people get 4G phones Internal data released today by global online payment processing company Adyen said that...
View ArticleClik here to view.
Singapore’s fastacash and Hungary’s Cellum join hands to expand reach
The combined network of fastacash and Cellum will span over 200 million users across Asia, Australia, Europe and North America Singapore-based social media and messenger-based online payment enabler...
View ArticleClik here to view.
Step aside China, India is the go-to market for mobile payments
The number of consumers in APAC making purchases via their smartphones is surging and will continue to accelerate in the coming years How many times have you booked a movie ticket or a hotel room...
View ArticleClik here to view.
Digi and Fortumo launch direct carrier billing in Malaysia
Wit this partnership, over 12M Digi subscribers will be able to make online payments by charging the purchases to their mobile phone bill Telecom operator Digi (part of Telenor Group) and Estonian...
View ArticleClik here to view.
Samsung Pay set to launch in Singapore next week; Southeast Asia’s first country
Samsung Pay will be available on the Samsung Galaxy Note 5, the S6 edge, S7 and the S7 edge Singapore will become the first country in Southeast Asia to introduce Samsung Pay next Thursday after the...
View ArticleClik here to view.
Indian e-commerce Unicorn ShopClues acquires Momoe to boost its payment...
In January, ShopClues had raised an undisclosed amount in Series E round of funding led by GIC and entered the billion dollar club ShopClues, a leading managed online marketplace in India and a member...
View ArticleClik here to view.
The future of on-demand payments for Indonesia’s ridesharing companies
Payments can indeed be a strategic advantage, for on-demand firms such as Grab and Go-Jek, as well as a country Image Credit: Vincent St. Thomas / Shutterstock The Indonesian market was recently...
View ArticleClik here to view.
Swipe, send, secure: The best mobile payment methods in Singapore
Singapore makes it easy to make purchases without a wallet, so we broke down the different avenues In the last one to two years, mobile payments have taken Singapore by storm, and recent studies have...
View ArticleClik here to view.
US-based mobile payment service Abra joins hands with Codapay
Now, Abra users will be able to purchase Amazon gift cards, Skype credit, Steam wallet codes and Battle.net cards through Codashop US-based mobile payment service Abra, which has a large satellite...
View ArticleClik here to view.
OnePay partners with MatchMove to enable offline payments
The partnership will also allow OnePay users to leverage on MatchMove’s suite of e-payment solutions including virtual cards Global blockchain assets platform OnePay (not to be confused with US-based...
View ArticleClik here to view.
How companies in Southeast Asia can cater to the unbanked market
Southeast Asia’s unbanked population currently sits in the hundred millions, companies — both corporates and startups — need to leverage the range of e-payment tech to successfully penetrate these...
View ArticleClik here to view.
UAE payments company OMA Emirates acquires Indian mPoS startup MobiSwipe
With this deal, OMA is looking to broaden its overall portfolio in the Middle East, Eastern Europe and APAC regions MobiSwipe United Arab Emirates-based payments solutions company OMA Emirates has...
View ArticleClik here to view.
Ayopop raises U$1M from GREE Ventures to let Indonesians pay bills via an app
Ayopop aims to use the funds to expand its tech capabilities Indonesia-based digital payments platform Ayopop today announced it has raised US$1 million in a seed round led by GREE Ventures. Sandeep...
View ArticleClik here to view.
What are the latest trends in mobile payments?
Things are moving so swiftly that it’s often challenging to keep up, but here are a few of the latest trends in mobile payments Mobile payment technology has received a lot of attention over the past...
View ArticleClik here to view.
Payments gateway firm Telr raises US$3M to scale operations and roll out new...
Telr’s multiple payment methods like cards and online banking instantly enable businesses to accept and manage online payments via web, mobile and social media Telr, an online payment gateway...
View ArticleClik here to view.
Omise acquires dtac’s payment services provider Paysbuy to accelerate growth...
Currently available in Thailand and Japan, Omise has been looking to enter Singapore, Indonesia, and Malaysia The Omise and Paysbuy team pose together Southeast Asian fintech company Omise today...
View ArticleClik here to view.
Indonesia’s love affair with ojek is turning into a marriage
The relationship between Indonesian public and ‘ojek’ drivers is taking a rather interesting turn. Hint: It has something to do with fintech Indonesians have a long love affair with ojek. In big cities...
View ArticleClik here to view.
Lessons from a failed mobile payments startup in Singapore
Everybody loves to hear a story of David vs Goliath, of how the little guy went up against all odds and defeated the big boys. Unfortunately, this isn’t one. Editor’s note: e27 publishes relevant guest...
View ArticleClik here to view.
China’s central bank takes more control over mobile transactions
The central bank of China had issued a statement declaring October 15 as the deadline for e-payments companies to migrate to Wanglian China’s central bank takes more control over mobile transactions...
View ArticleClik here to view.
The rise of China’s cashless society: Mobile payments trends in 2017
A new research was published to illustrate how mobile payments are becoming a part of Chinese people’s everyday life The rise of China’s cashless society: Mobile payment trends in 2017 was written by...
View ArticleClik here to view.
Grab opens payment option beyond transportation for first time
GrabPay users will now be able to send P2P transactions to one another; plans to develop technology to onboard merchants in the near future People using the Southeast Asian ride-hailing app Grab in...
View ArticleClik here to view.
Captain’s Log, September 11: China continues crypto crackdown, Visual Loft...
Also, Malaysia leads world in getting news from WhatsApp and Singapore to trial mobile payments on public transport China said to consider banning Bitcoin exchanges The Chinese government is reportedly...
View ArticleClik here to view.
Tcash on being an agnostic product and its plan to spin-off from Telkomsel
Tcash claimed to have secured more than 10 million registered users in 34 provinces Tcash on an event in Bandung Developed since 2015, Tcash, the mobile money product by Indonesian state-owned mobile...
View ArticleClik here to view.
Grab joins hands with payments app PayTren to help micro-entrepreneurs in...
PayTren enables farmers, housewives and SMEs earn additional revenues by selling airtime and internet packages, electricity vouchers and airline tickets, and recruiting Grab driver partners Jason...
View ArticleClik here to view.
4 things fintech startups can learn from the mobile payments boom in Cambodia
Financial services have to be more accessible, affordable, and convenient for the unbanked Cash is the undisputed king in Cambodia—at least for now. The growth of cashless transactions through mobile...
View Article