Credit Card

‘Optimism’ drives credit activity growth in Hong Kong

Hong Kongers are more optimistic about their household finances for the next 12 months.

Filipino Q1 credit card spending jumps nearly half from previous year

This was the highest recorded amount since the start of the COVID-19 pandemic in 2020.

Cards maintain dominance in Hong Kong's payment landscape

Over nine in 10 consumers use cards as their payment method.

Chart of the Week: Taiwan’s card payments market value to hit $172.8b in 2026

Usage will rise to 64 uses per card per year, from 45 annual uses a card in 2022.

Singapore’s credit, charge card payment market to grow 6.5% through 2025

The value of debit card payments will grow by 7.2% in 2022.

Bank of China HK, Mastercard launch eco-friendly BOC Chill Card

The card offers up to 10% cash rebate and Pay Later options.

CIMB Niaga, JCB Indonesia launch digital credit card

The card offers 10% cash back for online transactions through OCTO Mobile.

Alternative payments dominate Asia as credit card use dwindles

BNPL may not be the plastic killer everyone touts it to be, but it's attracting underserved customers.

APAC card market to grow 13.7% in 2022

China remains king of the credit and charge card market in the region.

CIMB Niaga, JCB launch contactless credit card In Indonesia

Transactions below $70 (IDR1m) do not require customers to enter a pin.

Hong Kong’s ZA Bank launch new credit card repayment feature

Users can pay their credit card bills issued by any bank through ZA Bank, for a period of up to 72 months.

Chart of the Week: Thai card payments market to shrink 3.5% in 2021

Recovery is not expected to begin until end-2022, says GlobalData.

South Korea card payments up 7% in July despite COVID resurgence

Online card payments are 28% higher than in July 2020.

Fintechs could overtake Philippine banks in retail segment: Moody’s

Banks' slow development of digital financial services may just give fintechs an edge.