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
More than half of consumers in the Asia Pacific region would make contactless tap-to-phone NFC payments directly to a merchant’s mobile phone at the checkout “despite solutions not yet being widely available in the region”, according to research released by Visa. More
American Express, Discover, Mastercard and Visa have announced that “they are each beginning technical preparations for global expansion” of Click to Pay, the single buy button solution for online merchants based on the EMVCo Secure Remote Commerce (SRC) standard... More
JCB has launched Tap on Mobile, a contactless payments acceptance solution that uses off-the-shelf Android NFC devices to enable its acquirers to offer “a cost-effective payment solution to their merchants”... More
Overwhelming response on first day of RM30 e-Tunai initiative — The Star — “The claims for the e-Tunai Rakyat initiative kicked off today with Touch ‘n Go eWallet, Boost and GrabPay selected to be the service providers for the project… Malaysians aged 18 and above and who earn less than RM100,000 (US$24,533) annually will be eligible to receive RM30 (US$7.36) each through any of the participating e-wallets.”
Visa has unveiled Tap to Phone, a new software-only solution that enables merchants to accept contactless payments on Android NFC mobile phones, without the need for any additional hardware... More
Merchants in Malaysia can now use an off-the-shelf Android NFC smartphone and an app developed by CIMB Bank to accept debit card payments valued at up to RM250 (US$61.08) — with no additional hardware required... More
WeChat Pay now lets you Quick Pay with your credit card — SoyaCincau — “If you don’t have sufficient eWallet balance, you can now pay directly via your assigned credit card… To make a payment at a store, tap on ‘Me’ in the WeChat app and select WeChat Pay > Quick Pay. On the QR code screen, just tap on ‘Balance’ to change your payment mode from your eWallet balance to your credit card… When the merchant scans your code, the transaction amount will be charged to your credit card and it won’t deduct your eWallet balance.”
Samsung has teamed up with financial services comparison site Finder to add a credit card shopping feature to Samsung Pay, “enabling everyday Australians to discover compelling credit card offers from participating financial institutions” from within its mobile wallet... More
PARTNER NEWS: Cilab’s ci230 high-speed testing suite has made it possible for self-service payments leader Invenco to significantly improve the time it takes to develop, test and bring to market EMV-compliant NFC payment terminals for its customers, chief engineer Chris Henry has told NFC World... More
RHB introduces high-tech credit card — Malay Mail — “RHB Banking Group (RHB) has launched the RHB Rewards Motion Code Credit Card, featuring a dynamic card verification value (CVV) security code that regularly refreshes automatically. Acting head of retail banking Nazri Othman said RHB expects its new credit card issuance to increase by 15% annually with the launch of the high-tech credit card ― the first of its kind in Southeast Asia.”
Maybank aims 10,000 device acceptance for Tap2Phone — The Star Online — “The payment solution enables small businesses to accept card payments from customers via the app on their mobile phones, without the need for a point-of-sale terminal… The Tap2Phone service accepts all contactless payments for transactions of RM250 [US$60.42] and below… Tap2Phone is supported by the latest Android-based smartphones equipped with near-field communication and trusted execution environment technologies.”
New chain outlets increase Maybank QRPay merchant base to more than 250,000 — Maybank — “More than 250,000 merchants throughout Malaysia now accept payments using Maybank QRPay, its QR code mobile payment platform, following the recent addition of major chain outlets which include TGV Cinemas, KK Super Mart, 99 Speedmart and Big Pharmacy. This is set to increase further as McDonald’s, Mydin and Starbucks are also piloting this mobile payment option at selected stores within Klang Valley.”
Vietnam has recorded the highest growth in mobile payments in the past year, according to research by PwC... More
EZ-Link and Touch ‘N Go to introduce dual currency cross-border combi card — EZ-Link — “A first in Southeast Asia, the Combi Card will securely host both electronic wallets from EZ-Link and Touch ‘n Go. Targeted for launch in quarter four 2019, the card will first allow users to pay for urban mobility in both countries… To date, EZ-Link has issued about 30 million Cepas EZ-Link cards in Singapore and Touch ‘n Go has more than 23 million active Touch ‘n Go cards in circulation in Malaysia.”
Samsung Pay swipes into Indonesia — KrAsia — “Samsung Pay is partnering with Ant Financial-backed mobile wallet platform DANA to conduct closed beta testing on some devices… In the near future, Samsung Pay will collaborate with more digital payment platforms to expand its services in Southeast Asia’s most populous country… Samsung Pay is available in 24 markets. In Southeast Asia, the app has already landed in Singapore, Malaysia, and Thailand.”
CIMB is first in Malaysia to bring QR acceptance from six mobile wallets on one payment terminal — CIMB Bank — “The six mobile wallet partners to be accepted on CIMB terminal are Alipay, Touch & Go Digital, Boost, KiplePay, Mcash, and Vcash. These six mobile wallets have a combined estimated customer base of about 4.5 million in Malaysia and 520 million registered mainland Chinese users.”
Razer Pay gains 300,000 users in Malaysia within 48 hours — Razer — “Within 48 hours from the launch of Razer Pay on 4 July 2018, over 300,000 users in Malaysia downloaded and signed up for the Razer e-wallet app designed for youth and millennials… Also within the same 48 hours, over 11,000 transactions were made by first-time Razer Pay users at Berjaya Group stores (such as 7-Eleven and Starbucks).”
Razer Pay launches in Malaysia — Razer — “Razer Pay is the e-wallet designed for youth and millennials… Over 6,000 major retail and F&B outlets will accept Razer Pay, with participating brands such as 7-Eleven, Starbucks, Singer, Cosway, Greyhound Café, Wendy’s, Kenny Rogers, Krispy Kreme, 99 Speedmart, Tealive, Thundermatch, Sweet Hut and more… Razer Pay will roll out in other Southeast Asian countries in the coming months.”