Asia Payments Research

Jan

Japan’s convenience stores cash in on cashless payments

In Japan, cash is still king. Indeed, the Japanese have a fondness for physical currency that has ebbed amongst their neighbors. Cash accounts for 80% of transactions in Japan, compared to 40% in China and 10% in South Korea.

Oct

Asia Payments Research

Singapore adopts new standardised national QR code – the final piece of the mobile wallet puzzle?

On September 18th 2018 the MAS launched the Singapore Quick Response Code (SGQR). Within the next year, 27 different mobile wallet providers including PayNow, NETS, GrabPay, Liquid Pay, and Singtel Dash will incorporate the new standardised code. The SGQR is the first of its kind globally and represents a significant…

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Asia Payments Research