Asia
📱Mastercard launches Pay Local service to expand card payments Paid Members Public
📱Mastercard launches Pay Local service to expand card payments Mastercard's new solution aims to cater to consumers who use local digital wallets, eliminating the need for creating or reloading prepaid accounts. ▶️ What’s new❓ — The service integrates Mastercard with major digital wallet providers such as Alipay and Weixin
💃Visa expands cross-border QR payment options in Asia Paid Members Public
💃Visa expands cross-border QR payment options in Asia 📱Visa is strategically partnering to launch a cross-border QR payment pilot program in Singapore🇸🇬, with plans to expand across Asia by 2025. 🔄 Key Integrations: Visa has teamed up with leading QR payment providers such as Lakala (Mainland China🇨🇳), Touch 'n Go
💣 South Korea 🇰🇷: Crypto Exchanges Shutting Down, Raising User Concerns Paid Members Public
💣 South Korea 🇰🇷: Crypto Exchanges Shutting Down, Raising User Concerns With multiple crypto exchanges closing down, many investors are anxious about their assets being frozen under government regulation. However, citizens can find some reassurance‼️ ▶️ The primary impact appears to be on platform operators. Since the start of the year, 11 exchanges
⚠️ Macau 🇲🇴: Gambling Regulations Tighten Paid Members Public
⚠️ Macau 🇲🇴: Gambling Regulations Tighten The new legislation addresses several activities, including unauthorized money exchanges in casinos, promotion of unlicensed online gambling, mutual betting, and unauthorized loans for gambling. ▶️ This initiative to strengthen gambling laws follows high-profile cases that led to the imprisonment of junket operators, signaling that China 🇨🇳 supports these
💪 Cambodia 🇰🇭: Cross-Border QR Payments Arrive via Alipay+ Paid Members Public
💪 Cambodia 🇰🇭: Cross-Border QR Payments Arrive via Alipay+ Transactions will be conducted through the Bakong payment system of the NBC, in collaboration with the Chinese holding company Ant International 🇨🇳. The central bank of Cambodia has already granted its approval. ▶️ Beneficiaries of this partnership will include users of 12 international payment applications,
😠 Cross-border payments in BRICS: Is SWIFT in danger? Paid Members Public
😠 Cross-border payments in BRICS: Is SWIFT in danger? The recent proposal for a "multicurrency system" aims to reduce BRICS countries' dependence on the dollar. This shift, beyond its macroeconomic implications, is a game-changer for the international payments industry. ➡️ BRICS members are planning to adopt distributed ledger technologies
✋ UAE🇦🇪: New payment technology with palm vein scanning Paid Members Public
✋ UAE🇦🇪: New payment technology with palm vein scanning For the first time in the Middle East, palm scanning is being implemented for payments! The United Arab Emirates is about to launch the "Palm ID" technology, a futuristic system that uses the unique patterns of the veins in the
🤓 It’s been a while since we’ve seen the Chinese! 🇨🇳 Alipay+ shines in international tourism Paid Members Public
🤓 It’s been a while since we’ve seen the Chinese! 🇨🇳 Alipay+ shines in international tourism Why this growth? The answer is simple: "A" for "Adaptability" and "I" for "Integration" with local payment systems. Currently, Alipay+ partners with 30 payment platforms, connecting