Asia Payments Research

Mar

Why is PayPal entering Australia’s BNPL market?

Australia is a key market for PayPal in Asia Pacific. The U.S. payments giant has 9 million accounts Down Under – not too shabby for a country of 25 million people. It has a 17% share of what JP Morgan calls the “alternative payments market (essentially non-cards), ahead of Google…

Mar

Asia Payments Research

Stripe intent on Asia-Pacific expansion

Stripe may be the biggest fintech to fly under the radar in Asia Pacific. In private markets, its valuation is reportedly close to US$100 billion, up from about US$35 billion in April 2020. The San Francisco-based merchant payments provider saw its fortunes soar during the pandemic as its many North…

Mar

Asia Payments Research

PayPal is unlikely to become a super app in Asia

PayPal is a payments giant with super app ambitions but a small footprint in Asia. Indeed, although PayPal has been present in many Asian markets for ages, it is not a market leader in any of them. In fact, to date, it is more notable for reducing its presence –…

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Asia Payments Research