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How e-Wallets in APAC Are Leading the Cashless Charge

Fintech News

The government expanded the digital payment market reach by implementing initiatives like the Hawkers Go Digital program. The government has also been a big driver behind the adoption of digital payments by consumers through its Smart Nation initiative. The success of Touch ‘n Go eWallet can be attributed to several factors.

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Los Angeles, Healthvana Link Up To Put COVID Vaccine Proof In eWallets

PYMNTS

Los Angeles County, a hot spot for the spread of the virus, is now offering a digital record that can be placed in an eWallet. The county government has been working with Healthvana to send electronic reminders to schedule an appointment to take a second dose of a vaccine — and, of course, to show up for it.

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Malaysia Promotes Cashless Society With eWallet Incentive Award

PYMNTS

As Malaysia moves towards a cashless society, the government is offering an award payment of RM30 (about $7.37) under its e-Tunai Rakyat (people’s e-cash) program, according to reports on Friday (Jan. The government is hoping to up the number of digital payment users to 15 million people. The incentive program started Jan.

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24 Big European Banks Take On Visa, Mastercard With Their Own Payment System

PYMNTS

A so-called “scheme manager” will be the central governing body, the online news service reported. The launch, first reported by Les Échos, is expected to be revealed by the 24 banks as early as Thursday (July 2). . The announcement is expected to promise to provide details, including the creation of a common structure.

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What Does 2024 Have in Store for Digital Wallets?

The Fintech Times

“Countries embracing government-controlled wallets will most likely do it faster, and build up consumer confidence. But governments are first and foremost about government or government-supported services (such as education).

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Bitcoin Daily: Lloyd’s Now Covers Crypto In eWallets; U.S. Treasury Adds Hacker Bitcoin Addresses To Blacklist

PYMNTS

government is aiming to seize digital currency kept in 113 addresses. The two are charged with running an unlicensed money transmission business and conspiracy to launder monetary instruments. And another unsealed document indicates that the U.S.

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Mercari Teams With Line For Payments; Telco M1 Connects With DISA For eWallet Protection

PYMNTS

Mobile payments are on the rise in Malaysia , bus operator Lynxbus plans to roll out cashless payments in the United Kingdom and Telco M1 plans to help protect mobile phone users from eWallet theft in Singapore with the help of DISA. The government is now aiming to double the rate of cashless payments by 2027 to 40 percent.

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