Stripe has launched a series of new product updates that it said will expand the “reach and effectiveness” of its revenue platform, according to an announcement emailed to PYMNTS. The updates will help businesses “make more money with less effort,” the announcement stated. One element...
After auditors for Wirecard couldn’t confirm the existence of $2.1 billion in trust accounts and Wirecard’s former chief executive was arrested, Southeast Asia’s Grab has reportedly halted a collaboration with the German payments company. “We have not begun business integration work on the Wirecard partnership and we...
German FinTech firm Wirecard is partnering with Southeast Asia’s “super app” Grab to facilitate payments and transfers, Wirecard announced on Wednesday (March 11). Wirecard will process payments and transfers using GrabPay’s digital wallet and will initially target markets in Malaysia, the Philippines and Singapore. “We...
As it aims to drive the digital economy in Malaysia, the GrabPay eWallet has been chosen to take part in the e-Tunai Rakyat initiative that will roll out in mid-January. The initiative is an effort to encourage eWallet usage. Only 8 percent of Malaysians tap...
November 02, 2022
Digital payments in Asia just got a facelift with StraitsX and Grab’s introduction of Purpose Bound Money (PBM) as digital eCommerce vouchers. In a joint press release Wednesday (Nov. 2), both companies announced that they would be testing PBM with 5,000 selected trial participants during the 2022 Singapore Fintech Festival. The PBM token is an […]
May 27, 2021
Stripe has launched a series of new product updates that it said will expand the “reach and effectiveness” of its revenue platform, according to an announcement emailed to PYMNTS. The...
June 24, 2020
After auditors for Wirecard couldn’t confirm the existence of $2.1 billion in trust accounts and Wirecard’s former chief executive was arrested, Southeast Asia’s Grab has reportedly halted a collaboration with the German...
March 11, 2020
German FinTech firm Wirecard is partnering with Southeast Asia’s “super app” Grab to facilitate payments and transfers, Wirecard announced on Wednesday (March 11). Wirecard will process payments and transfers using...
