PYMNTS-MonitorEdge-May-2024

APAC

Visa and Tencent to Launch Pay-by-Palm Solution in Singapore
Visa and Tencent to Launch Pay-by-Palm Solution in Singapore
November 08, 2024  |  Biometrics

Visa and Tencent partnered to launch a pay-by-palm solution, first in Singapore and then in other markets. The collaboration brings together Tencent’s palm recognition technology...

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Alipay+ and PayPay Expand Partnership for Cross-Border Payments in Japan
Alipay+ and PayPay Expand Partnership for Cross-Border Payments in Japan
November 06, 2024  |  Cross-border Payments

PayPay, a QR payments operator in Japan, is expanding its partnership with Alipay+ to widen its merchant coverage network across Japan. More than 3 million...

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Mastercard Expands APAC Digital Wallet Reach With ‘Pay Local’
Mastercard Expands APAC Digital Wallet Reach With ‘Pay Local’
November 05, 2024  |  Mobile Wallets

Mastercard debuted a service that lets consumers make card-based payments via local digital wallets. With Pay Local, Mastercard cardholders link their credit or debit cards...

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Mastercard Launches Tokenized Card-Based Bill Pay Solution
Mastercard Launches Tokenized Card-Based Bill Pay Solution
October 28, 2024  |  Mastercard

Mastercard launched a new card-based bill-pay solution for merchants, acquirers, payment facilitators and payment service providers. The new Bill Qkr is live and available globally,...

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Food Delivery Platform HungryPanda Raises $55 Million to Fuel US Expansion
Food Delivery Platform HungryPanda Raises $55 Million to Fuel US Expansion
September 30, 2024  |  Investments

HungryPanda raised $55 million to help expand its Asian food delivery service in the United States. The refinancing and fundraise will help the company “explore...

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Visa and KOTRA to Launch B2B Payment Platform in South Korea
Visa and KOTRA to Launch B2B Payment Platform in South Korea
September 11, 2024  |  B2B Payments

Visa and the Korea Trade-Investment Promotion Agency (KOTRA) have partnered to launch a card payment platform for trade settlements in South Korea. The new Global Trade...

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EQT to Acquire Southeast Asian PropTech PropertyGuru
EQT to Acquire Southeast Asian PropTech PropertyGuru
August 16, 2024  |  Acquisitions

Global investment organization EQT plans to acquire PropertyGuru Group Limited, a PropTech company operating in Singapore, Malaysia, Thailand and Vietnam. The companies entered into an...

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India’s Axis Bank and Visa Partner on ‘Ultra-Premium’ Credit Card
India’s Axis Bank and Visa Partner on ‘Ultra-Premium’ Credit Card
August 12, 2024  |  Credit Cards

Axis Bank has partnered with Visa to launch an “ultra-premium” credit card in India. The new card, Primus, will be offered by invitation only and will...

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Apple Lowers iPhone Prices in India After Country Reduces Customs Duty
Apple Lowers iPhone Prices in India After Country Reduces Customs Duty
July 26, 2024  |  Apple

Apple has reportedly cut the prices of iPhones in India after the country reduced its basic customs duty on mobile phones. This is the first time...

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