Payments Research

Oct

Why a retail digital currency is working in Cambodia

Massive hype about central bank digital currencies – and in particular the retail segment – has not translated to widescale adoption in Asia. This is particularly notable in the region’s two largest economies and nations by population: China and India. Yet while retail users have limited interest in digital fiat…

Oct

India Payments Research

Paytm is having a tough year

2024 may ultimately be remembered as the year when Paytm’s regulatory travails got real. Ever since the Reserve Bank of India (RBI) effectively forced the shutdown of the company’s payments bank earlier this year, Paytm has been endeavoring to convince investors it has a viable way forward. In some ways,…

Oct

China Payments Research

Alipay+ sees jump in transactions

Ant Group’s global expansion is continuing apace. According to data compiled by the Chinese payments giant, the number of travelers using their home payment apps via Ant’s Alipay+ app tripled from January to September, while spending at food and beverage outlets, attractions and ride sharing/taxis rose by 80%, 50% and…

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