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Insights
03-Oct-19 Southeast Asia’s Internet economy will reach USD100 bn in 2019, up 39 percent from USD72 bn last year. While Malaysia, the Philippines, Singapore and Thailand are expanding at 20-30 percent, growth in Indonesia and Vietnam is over 40 percent. [image: bennymarty/123RF]
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Insights
30-Sep-19 PayPal’s acquisition of a 70 percent state in GoPay will make it the first foreign platform to provide online payments in China. Though China’s payments market is led by local players, there’s still plenty of room for growth. [image: TechCrunch]
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Insights
22-Aug-19 Once a cashless pioneer, Japan is now lagging behind countries such as Sweden and Korea on electronic payments, because of its aging population, low crime and virtually no counterfeiting. Four out of five purchases are still made with cash. [image: AFP / Toshifumi Kitamura]
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Insights
15-Aug-19 China-based cross-border payment services provider, iPayLinks, has announced its plans to enter Middle East fintech market. The firm is aiming to build up a one-stop payment solution for the Middle East cross-border business. [image: TahawalTech]
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Insights
21-Jan-19 As Chinese consumers increasingly vacation overseas, their mobile-payment apps are following them, and offering a new way for merchants to attract customers. More than half of businesses saw an increase in foot traffic and transaction size after adopting Alipay. [image: Nielsen / Alizila]
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