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Search Result for “PayNow”

Showing 1 - 10 of 23

BUSINESS

SkillsFuture an 'ideal model' for SE Asia

Business, Boonsong Lipimas, Published on 19/09/2025

» Singapore's transformation into a global economic powerhouse offers a roadmap for Southeast Asian nations seeking to navigate an era of global uncertainty, says Heng Swee Keat, chairman of Singapore's National Research Foundation and former deputy prime minister.

BUSINESS

Key e-commerce drivers in Southeast Asia

Business, IDC report, Published on 21/03/2025

» Southeast Asia's e-commerce market is projected to be worth US$325 billion by 2028, fuelled by the rapid adoption of digital payments and regional interoperability, unlocking more opportunities in cross-border commerce for businesses, according to a new report by the market intelligence firm IDC.

BUSINESS

Thailand, India join regional plan for instant retail cross-border payments

Reuters, Published on 01/07/2024

» MUMBAI: The central banks of Thailand, India, Malaysia, Singapore and the Philippines are working together to start an instant cross-border retail payments platform by 2026, the Bank of International Settlements (BIS) said on Monday.

BUSINESS

Regional banks driven to step up digital services

Business, Sirinnaree Ongsakul, Published on 04/01/2023

» Banks in Thailand and elsewhere in Asia-Pacific are being pressured to improve their digital banking services in 2023, as more tech companies are expected to join the industry amid the use of cloud technology, says cloud banking platform Mambu.

BUSINESS

Advancing digital payments in Thailand with HSBC

Published on 02/12/2022

» Thailand is creating a business environment fit for the digital future, with banking sitting at the centre of this transformation. As of 2020, the country’s mobile banking penetration rate was the highest in ASEAN at 72%, while in 2021 it recorded 9.7 billion real-time transactions, the fourth highest volume globally.

BUSINESS

QR payment with Indonesia finalised

Business, Post Reporters, Published on 19/08/2021

» Bank Indonesia and the Bank of Thailand launched a cross-border QR payment linkage on Tuesday, under which consumers and merchants in both Indonesia and Thailand can make and accept instant cross-border QR payments for goods and services.

BUSINESS

Payment transformed

Asia focus, Paritta Wangkiat, Published on 02/08/2021

» The protracted Covid-19 pandemic has wrought havoc across many business sectors worldwide, and Southeast Asia has been no exception. But that is not the case for the digital payment industry. It has been thriving even during lockdowns, as more people make daily transitions on online marketplaces, food delivery and entertainment platforms.

BUSINESS

PromptPay now linked to DuitNow

Business, Somruedi Banchongduang, Published on 19/06/2021

» Asean cross-border digital payment services now cover Thailand and Malaysia.

BUSINESS

Stocks recover after Fed calms inflation jitters

Business, Darana Chudasri and Nuntawun Polkuamdee, Published on 15/05/2021

» Recap: Global and emerging markets gained on Friday after the Federal Reserve confirmed it would not raise interest rates until it sees inflation above its target for a certain time. Shares had slumped earlier on fears of tightening monetary policy after the US in April recorded its highest growth in inflation in nearly 12 years.

BUSINESS

Fees for new financial linkage could be reduced

Business, Somruedi Banchongduang, Published on 11/05/2021

» Fees for recently launched cross-border fund transfers between Thailand and Singapore through the PromptPay and PayNow systems may be lowered in the future if the transaction volumes are high, says the Bank of Thailand (BoT).