NORBr’s Post

Alipay+ enables digital payment from 14 overseas e-wallets in Hong Kong. Users of 14 popular overseas e-wallets from 9 countries and regions can now make payments in Hong Kong using their home apps through Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International. This covers a population of approximately over 1.2 billion, allowing them to enjoy a safe and seamless payment experience in “Asia’s World City” as the number of inbound tourists to Hong Kong continues to rise. Powered by Alipay+, users of these popular e-wallets will enjoy smooth payment experience with transparent and competitive exchange rates in Hong Kong whenever they encounter the Alipay+ / AlipayHK logo at the merchants in the city. Local merchants, especially small and medium-sized businesses (SMEs), can seamlessly accept payments from 14 global e-wallet operators through their existing AlipayHK payment codes, thereby further expanding their businesses without the needs of any additional investment. Source: https://lnkd.in/ermUJc7Y Sign up for more news updates like this in our daily newsletter: https://lnkd.in/eskQx7Ym #fintech #payments #digitalpayments #paytech #apac #banking #financialtechnology #financialservices #fintechindusty #fintechnews

As one of the fastest-growing #eCommerce hubs, Latin America represents a promising market for businesses to target eCommerce efforts.    Discover the most widely used and trusted payment solutions for #LATAM in emerchantpay's latest Global Payments Outlook 2024 report: https://lnkd.in/dzj32gF7   #globalpayments #fintech #paymenttrends #localpayments #LATAM

French fintech Lyf partners with UnionPay International as their first French mobile payment collaborator, " bringing " QR payments to French retail ! 💡 Key Highlights : • First French technical partner for UnionPay mobile payments • Targets high-spending international travelers • Enables UnionPay wallet acceptance in French retail • Integrates loyalty programs & digital receipts. • Focuses on QR code payment integration 🎯 Market Impact : UnionPay extends beyond traditional payment cards, while Printemps is transforming luxury retail by targeting millions of French crypto users (estimated at 6.5 million according to a 2024 KPMG/ADAN's Web3/crypto study, or 2-3 million per the French's AMF 2022 report) through secure and rapid transaction capabilities. This East-West "payment bridge" has potential, but its success relies on competing well with established players like Alipay and WeChat Pay in the tourist payment market. Sources 👉 Planet-fintech .com / Tourmag .com

The transaction value of digital payments in Thailand is expected to grow by 7.51% The digital payment industry is undergoing a major transformation, reshaping the financial habits of its population with the transaction value projected to reach US$39.28 billion and an expected growth rate of 7.51% by 2024. This shift is fueled by the widespread adoption of mobile technology and the government's efforts to encourage a cashless society. Thailand's digital payment landscape is evolving rapidly with the emergence of key players such as Promptpay, LINEpay, and TRUEMoney, alongside major banks like SCB and Kasikornbank which offer comprehensive digital banking services. Fintech startups like Omise and Ascend Money are also gaining traction with innovative payment solutions. #Thaicommerce https://lnkd.in/gXtcfy-a

🌐 the Dynamics of E-Payment and Cash Transactions 🏦 Have you ever pondered why e-payment thrives in some communities while cash remains the predominant mode of transaction in others? Let's delve into the historical roots and psychological aspects that shape consumer behavior. Throughout history, humans have engaged in the exchange of goods and services, often bartering before the advent of currency. This direct exchange allowed parties to assess the situation and conclude transactions instantly, relying on their senses to ensure the transaction's integrity. Similarly, buyers historically preferred to inspect goods before committing to payment, unless they had unwavering trust in the seller—think reputable giants like Amazon, Alibaba, or Darty. However, in regions lacking such established corporate entities, trust becomes a pivotal concern. Market actors are predominantly mid-size or small companies, leaving consumers hesitant to engage without firsthand verification. Hence, cash on delivery prevails, allowing buyers to scrutinize products before parting with their money. Enter PayPart—a game-changer in Algeria's fintech landscape. With its innovative validation process utilizing secret codes, PayPart bridges the gap between e-payment convenience and trust in online transactions. By enabling buyers to utilize debit cards while preserving the advantages of cash on delivery, PayPart instills confidence in online purchases, even amidst a landscape dominated by smaller sellers. This advancement propels consumers towards safer and more convenient e-payment solutions, irrespective of the seller's size or reputation. As businesses increasingly leverage social media for marketing, the need for intermediary trust diminishes. PayPart's solution shifts the focus from intermediary trustworthiness to the intrinsic value of goods and services, empowering both buyers and sellers in the digital marketplace. PayPart revolutionizes e-payment, fostering a culture of trust and convenience in online transactions. #PayPart #Ecommerce #Epayment #Fintech #Algeria #TrustInTransactions #DigitalInnovation

As the new week beckons, let's unlock the potential of financial payments and transactions with Maviance PLC, the leading FinTech Innovator in Cameroon. Maviance PLC has stayed the course for over a decade as the trailblazer in revolutionizing payments through its segmented, secure, fast, and cutting-edge digital solutions and platforms. Here's how Maviance PLC’s products cater to customers in different segments across the ecosystem: 1. WebPay by Maviance: WebPay is a user-friendly digital platform that enables seamless online payments. It caters to individuals and businesses seeking a convenient and secure way to manage their transactions on the web. 2. SmobilPay by Maviance: SmobilPay offers a mobile payment solution that is fast and efficient. It is designed for customers who prefer to make payments using their mobile devices, ensuring convenience on the go. 3. SmartCash by Maviance: SmartCash provides smart cash management solutions for individuals and businesses, helping them optimize their financial processes effectively. 4. Bulk Payments by Maviance: This product streamlines bulk payments for businesses and organizations, simplifying the process of making multiple payments efficiently at one click. 5. SmobilPay 4 E-Commerce by Maviance: Tailored for e-commerce businesses, this specialized version of SmobilPay enhances the payment experience for online shoppers, ensuring a smooth and secure transaction process. 6. Payment Request by Maviance: With the Payment Request feature, users can easily request payments from others, making financial transactions more convenient for individuals and businesses alike. Maviance PLC’s commitment to customer segmentation and creating a customer-centric ecosystem ensures that their products meet the diverse needs of various customer groups. By blending high level trust with technology, Maviance PLC delivers an impeccable and quintessential experience for all users. #FinTechInnovation #DigitalPaymentsRevolution #FinTechGameChanger #Maviance #DigitalizingPayments #FacilitatingFinancialTransactions Maviance PLC

The Philippines is a rapidly evolving market in Southeast Asia, offering a dynamic mix of payment methods shaped by both innovation and tradition. While eWallets lead the charge with 33% of eCommerce payments, other options such as bank transfers, credit cards, and cash-on-delivery remain crucial due to diverse adoption rates across the archipelago. With 44% of the population still unbanked and significant growth in mobile payments, understanding the local payment preferences is key to success. 🇵🇭 Ready to dive deeper into the evolving payment trends? Discover dLocal's Payments Handbook on the Philippines: https://hubs.ly/Q02TRWn70 #OnedLocal #DigitalPayments #eCommerce #EmergingMarkets #Philippines

𝗨𝗻𝗹𝗼𝗰𝗸 𝗦𝗲𝗮𝗺𝗹𝗲𝘀𝘀 𝗚𝗹𝗼𝗯𝗮𝗹 𝗦𝗽𝗲𝗻𝗱𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗠𝗲𝗿𝗰𝗵𝗮𝗻𝘁𝗿𝗮𝗱𝗲 𝗠𝗼𝗻𝗲𝘆 𝗖𝗮𝗿𝗱 𝗯𝘆 𝗠𝗲𝗿𝗰𝗵𝗮𝗻𝘁𝗿𝗮𝗱𝗲 𝗔𝘀𝗶𝗮 𝗦𝗱𝗻 𝗕𝗵𝗱! Leave behind the hassle of #currency #exchanges, hidden fees, and juggling multiple accounts! The 𝗠𝗲𝗿𝗰𝗵𝗮𝗻𝘁𝗿𝗮𝗱𝗲 𝗠𝗼𝗻𝗲𝘆 𝗖𝗮𝗿𝗱 by Merchantrade Asia is your passport to seamless 𝗴𝗹𝗼𝗯𝗮𝗹 𝘀𝗽𝗲𝗻𝗱𝗶𝗻𝗴, empowering Malaysians to explore, shop, and save with ease. Here’s what makes it a game-changer: 💳 Access 20 currencies on a single card with real-time conversions from MYR. 💸 Zero conversion or transaction fees—what you see is what you get. 🏦 Seamless top-ups from any Malaysian bank account. 📲 Stay in control with our digital wallet app – monitor spending, set card limits, lock/unlock your card, and manage it all on the go. And if you ever need support, Merchantrade Asia’s 𝟵𝟰 𝗯𝗿𝗮𝗻𝗰𝗵𝗲𝘀 𝗮𝗰𝗿𝗼𝘀𝘀 Malaysia are ready to help. From travel and shopping to everyday expenses, the Merchantrade Money Card by Merchantrade Asia simplifies your finances so you can focus on what matters. 𝗘𝗺𝗽𝗼𝘄𝗲𝗿 𝘆𝗼𝘂𝗿 𝗷𝗼𝘂𝗿𝗻𝗲𝘆 – 𝗺𝗮𝗸𝗲 𝗲𝘃𝗲𝗿𝘆 𝘁𝗿𝗮𝗻𝘀𝗮𝗰𝘁𝗶𝗼𝗻 𝗰𝗼𝘂𝗻𝘁. ✨ #MoneyCard #TravelSmart #FinancialFreedom #Fintech #GlobalSpending #CurrencyExchange #DigitalWallet ##MoneyCard #TravelSmart #FinancialFreedom #GlobalSpending #Fintech #CurrencyExchange #DigitalWallet #TravelFinance #EmpoweringMalaysians #EmpoweringMalaysians

Digital Payments Are The Preferred Choice A recent study by Onbe found that 74% of consumers now prefer digital payment methods over cash. This shift is being driven not just by changing trends, but also by the efficiency benefits of digital payments. As more consumers seek seamless payment experiences, innovative solutions like Brick's Payment Link are emerging to transform business payments. Brick Technology Indonesia provides a complete digital payments platform to help Indonesian businesses tap into consumer preferences and operate more efficiently. Learn more about how we can digitize your payment collection process at onebrick.io. #digitalpayments #fintech #paymenttech #bricktechnologyindonesia #openfinance

Fintech aims at becoming more and more Global… and recent partnerships make this trend even more evident.   🤝 Satispay, the leading Italian Fintech in mobile payments, has partnererd up with payment giant Worldpay to expand offerings in Italy. With 4.3 million users and 320.000+ merchants across Italy, Luxembourg, and France, Satispay's innovative payment system simplifies transactions and improves the digital shopping journey.   💳 Acclaimed for its global presence and $43 billion acquisition by Fidelity National Information Services (FIS), Worldpay aims to bridge online-offline shopping experiences.   📈 This partnership anticipates the growth in the European e-commerce sector ($900 billion by 2027), offering secure digital transactions.   🌍 Country Manager of Worldpay Italy and Malta Phil Brown highlights the importance of this strategic partnership in Worldpay's market expansion.   What other Fintech companies are becoming more and more Global? Tell us in the comments! #FutureManagerWorld #PlanningFutureActingPresent #BankFutureManager #Fintech