Singtel adds Apple Pay to Dash mobile wallet

Singtel Dash goes global with Visa and Apple Pay — Singtel — “Singtel is expanding the payment capabilities of its all-in-one mobile payments app, Dash, to include international mobile payments. Dash customers are now able to use their Visa Virtual Account on the Dash app at millions of online retailers worldwide and merchant points that accept Visa contactless payments. In addition, customers can also use Dash on Apple Pay, making it the first non-bank mobile wallet in Singapore on Apple’s easy, secure and private payments system.”


Taiwan Cooperative Bank tests standardized EMVCo QR codes for payments

Taiwan Cooperative Bank completed Taiwan’s first standardized QR code payment in partnership with Visa — Visa — “By adopting the EMV QR Code Specification, as supported by Taiwan’s two large domestic payment switches, consumers can enjoy a fast, convenient and secure payment experience. The specifications are intended to be globally interoperable; and with the right mobile application local consumers as well as overseas travellers will be able to use the same QR code to make payments everywhere the specifications have been adopted.”


Asian carriers begin rollout of cross-border mobile payments service

Singtel and AIS debut Via, Asia’s first cross-border mobile payment alliance — Singtel — “The Via alliance is the first initiative of its kind to connect both telco and non-telco mobile wallets across borders to create a region-wide payment network that will enable consumers to use their local mobile wallets when travelling. The Singtel Group will progressively expand this alliance to include other regional associates Airtel in India, Globe in the Philippines, Telkomsel in Indonesia, working within each country’s regulations, and non-telcos including China’s Ping An eWallet.”


EU begins rollout of cross-border digital identity project

Cross-border digital identification for EU countries: Major step for a trusted Digital Single Market — European Commission — “As of 29 September, the EU-wide legislation on the electronic identification (eIDAS Regulation) will enter into force enabling cross-border recognition of the electronic ID and allowing citizens and business to share their identity data when necessary. People will be able to use their electronic ID (eID) such as ID cards, driver licenses, bank cards and fill tax returns online, access medical records and online public services across the EU.”


LG to pilot blockchain carrier billing system for international mobile payments in stores

LG U+ to offer blockchain-based overseas payment service — The Korea Herald — “Once the service is launched, LG U+ subscribers will be able to buy things at selected retailers using their mobile phones when they travel to Taiwan and Japan. Far EasTone subscribers will also be able to enjoy the same convenience when traveling to Korea and Japan. The service uses direct carrier billing, enabling transactions to be billed and paid through their carrier in their home currency.”


Nordic banks to build new payments infrastructure for instant cross-border payments

Banks are building a super-speed money highway in the Nordics — Bloomberg — “The P27 project — so-called for the 27 million people who live in Sweden, Norway, Denmark and Finland — will build on the success of smartphone payment applications that Nordic banks have already created, like Swish in Sweden, Norway’s Vipps, and MobilePay in Denmark… The aim is to make it possible to clear payments and settle accounts within seconds, regardless of currency.”


SPA white paper examines the potential of bank cards with built-in biometric sensors

Cover shot: 'Biometrics in payment: Breaking down barriers with high value payments'

KNOWLEDGE CENTRE: Biometric sensor-on-card solutions, where a fingerprint sensor is built into a standard EMV card, “represent an important step forward for the finance industry, opening the way to eliminating fraud for issuers and cardholders, reducing costs and providing the additional security and identity verification required to support remote or cross-border transactions,” the authors of a new white paper conclude... More


South African retail giant Shoprite moves into mobile payments and banking

Banking services now more accessible with Shoprite Money — Shoprite — “This new service will enable customers to deposit, withdraw or send money as well as buy groceries at any of the till points in all Shoprite, Checkers, Checkers Hyper or Usave stores across South Africa… Shoprite Money is set to roll out in multiple countries in Africa over the next 12 to 18 months, which will hold additional benefits for customers including seamless and cost effective cross-border remittance.”


AirAsia to enter the mobile payments market

AirAsia is entering the digital payments race — Tech in Asia — “The driving factor behind AirAsia’s move into fintech was a realization that it could monetize the wealth of ‘high resolution data’ it has collected from around 63 million passengers over its 16 years of operation… The eventual plan is for AirAsia customers to be able to use their BigPay e-wallets on the ground too, using the app to pay third-party merchants and potentially cutting the cost of currency exchange rates as they cross from one Southeast Asian country to another.”


Carriers in Singapore, India, Thailand and the Philippines to link their mobile wallet services

Singtel to launch mobile wallet tie-up with regional associates — The Straits Times — “The Singtel Group plans to roll out mobile wallet interoperability across its network of regional associates in Asia by mid-2018… Mobile wallet customers of Singtel and the group’s various associate telcos would then be able to make cashless payments in their home currency, using their home telco’s app, at physical merchants while abroad… Singtel’s goal is to bring the Philippines’ Globe, Indonesia’s Telkomsel and India’s Airtel on board from the second half of 2018 onwards, pending regulatory approval. Regulators have already given the green light for the partnership between Singtel’s Dash payments app and Thai counterpart myAIS.”


PCCW to test multi-currency mobile payments in Hong Kong, Macau and Zhuhai

PCCW Global and DHQ Tech to explore multi-currency Tap & Go mobile payment technology — HKT — “Our collaboration with DHQ Tech will enable Tap & Go users to pay for goods and services regardless of where in the world they originate from, or in which currency they wish to pay… Tap & Go is uniquely positioned to overcome all the hassles associated with making payments between currencies, and we expect ease of operation to deliver real benefits for regional trade and tourism.”



China’s Baidu enters strategic partnership with Paypal to tap Chinese tourists

China’s Baidu enters strategic partnership with Paypal to tap Chinese tourists — Reuters — “Baidu’s payment platform, Baidu Wallet, will be accepted by roughly 17 million PayPal merchants globally, the Chinese firm said in a statement on Thursday. ‘Partnering with PayPal on technology and product innovation will provide Baidu users with the ultimate cross-border consumer experience,’ said Baidu senior vice president Guang Zhu.”


UnionPay reports growth in QR code mobile payment volumes

UnionPay reports growth in QR code mobile payment volumes — UnionPay International — “The cross-border transaction volume of mobile QuickPass, the UnionPay mobile payment product, doubled in the first half of this year. More notably, more overseas customers are using mobile QuickPass. The transaction volume of mobile QuickPass used locally in Hong Kong and Macau more than tripled and the transaction of mobile QuickPass by Hong Kong and Macau cardholders in mainland China grew by over seven times year-on-year.”






Mozido buys PayEase

Mobile payments platform provider Mozido has acquired Chinese cross-border payment gateway provider PayEase with the aim of introducing its mobile payments and retail marketing solutions into the Chinese market... More



Feed for stories about Cross border.