Payments
Asia payments news: digital wallets, QR payments, real-time and cross-border payments, stablecoin payments and card networks across Asia-Pacific.
-
JCB to bring tap-to-ride card payments to Hanoi Metro in early 2027
JCB International and Hanoi Metro have signed a memorandum of understanding to let JCB cardholders tap contactless cards at fare gates on Lines 2A and 3.1, with a launch targeted…
-
GoTo fintech earnings pass on-demand unit as group posts third straight quarterly profit
GoTo’s financial technology arm earned more than its ride-hailing and delivery business in the third quarter, as the Indonesian group reported a Rp441 billion net profit and raised its full-year…
-
Tencent Visa MoU targets Weixin Pay travel payments, remittances and AI agent commerce
Tencent and Visa have signed a memorandum of understanding on payments for travellers to and from China, Visa Direct transfers into Weixin Pay and AI agent commerce, two weeks after…
-
Singapore Payments Network names Derek Chan first CEO ahead of 2027 handover of PayNow and FAST
Singapore Payments Network, the new owner of the country’s national payment schemes, has appointed Derek Chan as chief executive and an 11-member board chaired by Jacqueline Loh of MAS. It…
-
PayNet opens Alipay+ QR payments in five markets to Malaysian banking app users
A new PayNet Alipay+ link lets Malaysians pay by QR in mainland China, Hong Kong, South Korea, the Philippines and Laos from their own banking apps, starting with Maybank, CIMB…
-
Deep dive: Asian banks move stablecoins into wallets and cards before the rules are finished
In one week, banks and card issuers in Hong Kong, Singapore, Korea and Japan moved stablecoins closer to everyday payments. How far each can go depends on local rules, which…
-
Hong Leong Bank lets Malaysian customers pay at 120 million China merchants from its app
Hong Leong Bank customers can now pay at more than 120 million UnionPay and Weixin Pay QR merchants in China straight from the HLB Connect app, with no transaction fees.
-
StraitsX partners Visa to issue stablecoin-backed cards in more than 100 markets
StraitsX, the Singapore issuer of XSGD and XUSD, will use a Visa partnership to offer stablecoin-backed card programmes in more than 100 markets.
-
Bank Indonesia plans to use QRIS data for small-business credit scoring
Bank Indonesia wants financial firms to use QRIS transaction records to assess the creditworthiness of small merchants, as the national QR payment standard reached 71 million users.
-
Hana Financial tests stablecoin payments and settlement with Upbit operator Dunamu
Hana Financial Group and Dunamu are testing real-time stablecoin payments and merchant settlement using customers’ Upbit wallets, ahead of Korea’s stablecoin rules.
The week in Asia fintech, every Friday
The top stories, why they matter, and the events coming up next week. Free.