The total number of QR code payments made in SE Asia will reach 90bn by 2028, up from a total QR code transaction volume in the region of 13bn in 2023, according to a forecast by Juniper Research... More
More than a quarter of the 193,000 self-checkout systems shipped to merchants around the world in 2022 were installed in non-grocery stores “as the technology penetrates new segments”, research firm RBR has found. ... More
The Zakat Collection Centre of the Federal Territories Islamic Religious Council (PPZ-MAIWP) in Malaysia has begun piloting a software-only point-of-sale (softPOS) solution that enables designated collectors to accept contactless charitable donations on their Android NFC smartphone... More
Residents of Singapore and Malaysia can now make contactless QR code-based payments for goods and payments in either country using an interoperable cross-border payments system launched by the Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM)... More
Samsung Wallet will soon go live in Australia, Brazil, Canada, Hong Kong, India, Malaysia, Singapore and Taiwan, enabling users to store and use digital payment, loyalty, membership and identity cards, digital keys, boarding passes and other credentials on their compatible Samsung Galaxy smartphone... More
Google Wallet has gone live in Malaysia, enabling users to store and use their credit and debit cards, boarding passes, tickets and other digital credentials on their Android NFC smartphone or Wear OS smartwatch... More
Motorists in Malaysia can now purchase and place an RFID tag in their vehicle that allows them to make hands-free contactless payments for fuel directly from a digital wallet using RFID-enabled fuelling bays at nearly 90 Shell fuel stations across the country without needing to use their mobile phone or payment card... More
Apple Pay has launched in Malaysia with support for Mastercard and Visa cards issued by AmBank, Maybank and Standard Chartered Bank... More
The central banks of Indonesia, Malaysia, the Philippines, Singapore and Thailand are to develop an interoperable cross-border payments system that will enable residents of each country to use their mobile banking app to make QR code-based payments for goods and services when visiting any of the other territories... More
Providing a cash-like digital means of payment, increasing private digital payment services, supporting financial inclusion and achieving greater payment system efficiency are among the key motivations driving initiatives to develop central bank digital currencies (CBDCs) in emerging market economies around the world, according to a Bank for International Settlements (BIS) report... More
Public transport users and motorists in Malaysia can now top up their physical Touch ’n Go prepaid contactless fare, toll and parking payments card directly from their NFC smartphone... More
The Bank of International Settlements and the central banks of Australia, Malaysia and Singapore have completed a joint project to develop a shared platform that could facilitate direct cross-border transactions between institutions using different central bank digital currencies (CBDCs)... More
Some 95% of passengers travelling with AirAsia now use the Malaysian airline’s contactless self-check-in service that enables them to receive an e-boarding pass, choose their seat and add baggage, in-flight meals and travel insurance via the airline’s app or website... More
Nine in 10 consumers in the Asia Pacific region have used mobile payment apps at least once during the past 12 months, while more than half have used digital payment methods at least once a week and a sixth have made a digital payment for the first time since the beginning of the Covid-19 pandemic (15%), according to research published by Kaspersky... More
Consumers from Thailand can now make instant cross-border QR code-based payments for goods and services to merchants in Malaysia from their mobile payments app using a service being launched by the Bank of Thailand and Bank Negara Malaysia... More
Customers of the National Bank of Pakistan (NBP) with a compatible smartphone can now add their UnionPay International (UPI) virtual card to a Huawei Pay digital wallet and use it to make NFC or QR code-enabled mobile payments... More
Mastercard is piloting a cloud-based version of its Tap on Phone payments acceptance solution, enabling merchants of all sizes to accept cloud-hosted contactless payments directly on their Android NFC smartphone or tablet... More
Malaysian consumers with compatible Huawei smartphones can now use Huawei Pay to make NFC mobile payments with an ICBC UnionPay credit card stored in their mobile wallet... More
Merchants in more than 15 countries around the world are now able to use Android NFC smartphones and tablets to accept contactless payments with no additional hardware required, Visa has announced... More
Merchants in Malaysia can now use a tap-to-phone payment acceptance service from Hong Leong Bank (HLB) to accept contactless card payments on a standard NFC Android mobile device... More
