Cards & Payments
Singapore-ASEAN payments face stablecoin shift as regulation matures
Singapore-ASEAN payments face stablecoin shift as regulation matures
BizPay links fiat transactions through stablecoin rails as firms seek faster cross-border settlement.
Singapore tops Asia's trade credit league, Atradius says
More suppliers are dealing with late customer payments across the region.
Singapore payments to hit $114b by 2030
Transaction value reached $39b in 2023 and is projected to grow 16.3% annually.
Businesses lose $9b annually to cross-border payment inefficiencies
FX spreads and settlement delays trap working capital in cross-border transactions.
Credit card market to grow 9.2% in 2026 on increased acceptance and contactless payments
Credit cards lead as value-added benefits attract users.
Travel spend in China surges 80%, falls in Western destinations, Visa says
China rises to the top-five travel destination as UK and US tumble in December rankings.
Millennials set to drive $145b digital payment shift
Total transaction value is forecasted to nearly triple by 2030 as younger generations abandon physical currency.
Asia seizes 38 % of global digital payments as SG nears cash-light reality
Singapore led the region’s digital payment surge with real-time systems like PayNow.
Wellness travel goes mainstream as 81% chase health-focused perks
Singapore and Hong Kong led APAC in making sports and wellness core travel experiences.
Card payments projected to generate $158.2b in 2025
This is thanks to the rise of contactless cards, rewards for credit, and financial inclusion in debit.
Grab, StraitsX partner for in-app Web3 wallets, stablecoin settlements
Grab users can spend with Web3 and transact XSGD or XUSD for cross-border settlements.
Mastercard targets full SG adoption of ‘Click to Pay’ scheme in next phase of rollout
Instead of card entry, Click to Pay enables digital payments and in-device biometrics.
Singaporeans account for 11% of stolen card data: study
In terms of price, Japan is most expensive whilst New Zealand saw the most growth.
Affluent cardholders lead spending, travel activity after F1 race: Visa
Affluent card users have 65% more shopping spend whilst 35% of travellers visited other places post-race weekend.
Jewel Changi, Mastercard renew partnership amidst rising visitor spend
Cardholder privileges at airport offerings aim to boost spending.
Mainland tourists drive WeChat’s growth during National Day
Cross-border transactions in Weixin Pay increased by 21% year-on-year
ION Orchard, Visa partner for exclusive retail experiences
ION+ Rewards Members can unlock a variety of premium privileges by shopping with their Visa cards.
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