VISA
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The COVID-19 pandemic has greatly accelerated the shift to eCommerce in Singapore with 74 per cent of consumers shopping more frequently online, according to the Visa Consumer Payment Attitudes Study[1]. One-third of Singaporeans (31%) shopped online for the first time during the pandemic, making purchases via websites or mobile applications. This reflects a wider shift towards…
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As the one-year mark of the COVID-19 pandemic approaches and digital payments play a larger role in daily life around the world, there will be no reverse gear on consumer behaviour as we head into 2021. In the third edition of its global research study, the “Visa Back to Business Study – 2021 Outlook,” found…
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YouTrip, Singapore’s leading multi-currency mobile wallet has announced a six-year partnership with Visa, the world’s leader in digital payments, to accelerate its expansion into the rest of Southeast Asia, starting with Malaysia and Philippines. Currently launched in Singapore and Thailand, YouTrip has amassed over one million downloads to date. The announcement comes a year after…
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Singapore, 12 November 2020 – Nearly four in five (78%) consumers in Singapore will be shopping for the holidays this year despite the pandemic, according to the 2020 Visa Back to Business Study, Holiday Edition[1]. With more than half (56%) planning to shop at local retailers, small and medium-sized businesses (SMBs) in Singapore need to be…
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15 October 2020, Singapore – Singapore-based fintech Finaxar announced has the launch of Flex by Finaxar, a unified spend management solution jointly developed in partnership with leading global payments technology company, Visa. With the aim of providing businesses a platform to unify spend, payables and receivables, the solution is part of Finaxar’s focus to transform and digitise…
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SINGAPORE, 6 October 2020 – Razer Fintech, the financial technology arm of leading global lifestyle brand for gamers, Razer Inc. has collaborated with Visa, the world’s leader in digital payments, to unveil a brand-new Visa prepaid solution – the Razer Card. Users can sign up and use the virtual card at no subscription, with the option to…
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Singapore, 8 October 2020 – Visa, the world’s leading digital payments technology company, has teamed up with Stripe, a technology company that builds the economic infrastructure for the internet, to introduce a new set of solutions to help businesses pay and be paid on time. The new solutions will be on the Visa Payables Automation platform,…
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SINGAPORE, 1 October 2020 — Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, and Visa, the world’s leader in digital payments, today announced a five-year regional strategic partnership that will encourage greater participation in Southeast Asia’s digital economy, a key component of accelerating the region’s overall economic growth. Shopee users will also benefit by being…
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Singapore, 17 September 2020 – Visa, the world’s leader in digital payments, has signed a three-year Memorandum of Understanding (MoU) with the Singapore Tourism Board (STB) to address the needs of Singapore’s tourism and lifestyle small and medium-sized enterprises (SMEs) impacted by COVID-19. The STB-Visa collaboration focuses on two strategic areas to revive the local tourism industry – joint…
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Singapore, 21 August 2020 – Visa, the world’s leader in digital payments, has launched Where You Shop Matters, an initiative that encourages consumers to support their local businesses, while helping SMEs to go digital following the onset of COVID-19. The initiative is part of Visa’s broader small business strategy and follows commitments the company has made to support 10…
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