Asia payments

A fresh look at Asia’s payment landscape

Digital payments are growing rapidly in Asia, fuelled by increasing smartphone ownership and improving access to the internet. An increasing array of solutions such as digital wallets, mobile payment apps and stored value cards are...
Europeans using their mobile devices to

E-commerce authentication gets a major makeover

We live in digital times. Customers are increasingly shopping online and on mobile devices. In fact, the number of Europeans regularly using a mobile device — smartphone, tablet or wearable — to make payments...
The payment services layer on top of the bank payment infrastructure layer

PSD2 and Europe’s Open Banking Mandate – a report

In a new report, PSD2 and Europe’s Open Banking Mandate,  we aim to analyse the implications of the revised Payment Services Directive, PSD2, for the European banking industry and Open Banking challenges both for banks...

Mastercard unveils next generation biometric card

Mastercard has unveiled the next generation biometric card, combining chip technology with fingerprints to verify the cardholder’s identity for in-store purchases. South Africa was the first market to test the evolved technology, with two separate...
Alipay

CK Hutchison and Ant Financial ink mobile payment JV

CK Hutchison, the multinational conglomerate,  and China's Ant Financial have announced a joint venture to drive mobile payments in Hong Kong under the existing AlipayHK brand. In an investor statement, the companies said they signed a strategic...
Google launches mobile payments app Tez

Google launches mobile payments app Tez in India

Google has launched a mobile payments app dubbed Tez in India, saying it will work on both Android and Apple smartphones. Tez allows users to make money transfers to each other and to buy goods...

Mobile tipping point: How retailers are adding incremental sales in Japan

In Japan, both local and global merchants, are successfully leveraging Japan’s technologically advanced economy to increase sales by up to 30%. The answer to how to make this increase may surprise you - writes Kaushik Sthankiya,...
Percentage of respondents who currently use digital wallets and mobile banking applications

Emerging markets in Asia Pacific lead mobile shopping usage chart

Mobile shopping growth is growing sharply in Asia Pacific’s emerging markets, outpacing their more developed counterparts, according to the latest Mastercard Mobile Shopping Survey. Consumer use in the Philippines (53.5 percent) and Malaysia (55.6 percent)...
UK's largest retailer launches Tesco Pay+

UK’s largest retailer launches Tesco Pay+

The UK's largest retailer, Tesco, with £54.4m in sales has announced that its current digital wallet app PayQwiq, is to be re-launched as Tesco Pay+. Further details about Tesco Pay+ will follow later in...
samsung pay

Samsung Pay hits $9 billion of transactions in South Korea

Samsung Pay has driven its home advantage and processed 10 trillion won ($8.8 billion) in accumulated transaction volume in South Korea, the company has announced. The service was launched in its home market in 2015,...

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A fresh look at Asia’s payment landscape

Digital payments are growing rapidly in Asia, fuelled by increasing smartphone ownership and improving access to the internet. An increasing array of solutions such as...
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