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Search Result for “PayNow”

Showing 1 - 10 of 18

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

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

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

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).

BUSINESS

US economic data and earnings cheer investors

Business, Darana Chudasri and Nuntawun Polkuamdee, Published on 01/05/2021

» Recap: Global shares approached record highs while the euro was on course for its biggest rise in nine months as the dollar weakened for a fourth consecutive week. Investor sentiment was buoyed by strong US economic data and corporate earnings and the Federal Reserve's reiteration of its commitment to the easy monetary policy. Asian markets turned lower yesterday following the release of below-forecast Chinese factory data.

BUSINESS

PromptPay linked to Singapore's PayNow

Business, Somruedi Banchongduang, Published on 30/04/2021

» The Bank of Thailand (BoT) and the Monetary Authority of Singapore (MAS) have embarked on a digital payment linkage between the two countries via the PromptPay and PayNow systems.

BUSINESS

Right on the money

Business, Somruedi Banchongduang, Pathom Sangwongwanich & Oranan Paweewun, Published on 20/03/2020

» Cash payment growth in Thailand is expected to shrink in the coming years as digital payment transactions expand exponentially, says Bank of Thailand governor Veerathai Santiprabhob.