RuPay

JCB Cards are now accepted at Maybank merchant terminals in Singapore

Retrieved on: 
Thursday, February 15, 2024
RuPay, Tourism, Travel, JCB, Online shopping

TOKYO & SINGAPORE, Feb 15, 2024 - (JCN Newswire) - JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd. (JCB), is pleased to announce the acceptance of JCB Cards on the merchant terminals of Maybank Singapore Limited (Maybank), one of Asia's leading banking groups, in Singapore.

Key Points: 
  • TOKYO & SINGAPORE, Feb 15, 2024 - (JCN Newswire) - JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd. (JCB), is pleased to announce the acceptance of JCB Cards on the merchant terminals of Maybank Singapore Limited (Maybank), one of Asia's leading banking groups, in Singapore.
  • With this latest development, JCB Cards are now being accepted in three of Maybank's key markets: Singapore, Malaysia and Indonesia.
  • In Taiwan, there are currently 29 banks issuing JCB Cards, and in India, there are approximately 1 million RuPay JCB Cards since its launch two years ago.
  • The acceptance of JCB Cards at Maybank merchant terminals will provide our cardmembers with further convenience when travelling to Singapore.

PayTabs unveils its expansion into card issuance

Retrieved on: 
Monday, November 27, 2023
IP, Fintech, KSA, As a service, Reward, Geography, Freedom, MENA, Visa, RuPay, Government, Mastercard, Cryptocurrency, Financial services

RIYADH, Saudi Arabia, Nov. 27, 2023 /PRNewswire/ -- PayTabs Group, MENA's award-winning payment orchestration powerhouse today announced the launch of PayTabs Issuance – secure prepaid card issuing solutions aimed at scaling business operations, regionally. As experienced by PayTabs Group CEO and founder, Abdulaziz Al Jouf, "The issuing market is an exponential market and the Middle East is moving aggressively to digitize cash in the region, while in Africa the market is progressing towards building a strong card base dominated economy."

Key Points: 
  • PayTabs Issuance is aimed at simplifying the complexity and cost barriers that often hinder prepaid card issuance.
  • PayTabs' pioneering technology in card issuance is a customized fit for entities and users across markets who can offer a range of card functions to suit their business model.
  • Being able to offer cards program gives PayTabs a unique positioning by offering the best of both acquiring and issuance as a bundled solution"
    Vikas Om Choudhary, Head of Issuance, PayTabs concluded: "This is a new chapter for PayTabs.
  • What's unique about PayTabs issuance is that it is designed to serve each offering, card type, end user, and market.

PayTabs unveils its expansion into card issuance

Retrieved on: 
Monday, November 27, 2023
IP, Fintech, KSA, As a service, Reward, Geography, Freedom, MENA, Visa, RuPay, Government, Mastercard, Cryptocurrency, Financial services

RIYADH, Saudi Arabia, Nov. 27, 2023 /PRNewswire/ -- PayTabs Group, MENA's award-winning payment orchestration powerhouse today announced the launch of PayTabs Issuance – secure prepaid card issuing solutions aimed at scaling business operations, regionally. As experienced by PayTabs Group CEO and founder, Abdulaziz Al Jouf, "The issuing market is an exponential market and the Middle East is moving aggressively to digitize cash in the region, while in Africa the market is progressing towards building a strong card base dominated economy."

Key Points: 
  • PayTabs Issuance is aimed at simplifying the complexity and cost barriers that often hinder prepaid card issuance.
  • PayTabs' pioneering technology in card issuance is a customized fit for entities and users across markets who can offer a range of card functions to suit their business model.
  • Being able to offer cards program gives PayTabs a unique positioning by offering the best of both acquiring and issuance as a bundled solution"
    Vikas Om Choudhary, Head of Issuance, PayTabs concluded: "This is a new chapter for PayTabs.
  • What's unique about PayTabs issuance is that it is designed to serve each offering, card type, end user, and market.

India Credit Card Market Competition, Forecasts & Opportunities, 2028F - A Shift from Debit-based to Credit-based Economy and Emergence of Co-branded Card Offerings Driving Growth - ResearchAndMarkets.com

Retrieved on: 
Thursday, September 28, 2023
Banking, Professional Services, Finance, NBFC and MFI in India, RuPay, RBI, Reserve Bank of India, COVID-19, POS, EMI, BNPL, Fintech, Unified Payments Interface, UPI, USD, Sale, INR, Government, Financial institution, Credit card, Internet access, Reserve Bank, Growth, Online shopping

The increasing adoption of cashless transactions, coupled with enticing credit card offers, rising acceptance of credit cards, a shift from debit-based to credit-based economy, and the emergence of co-branded card offerings are driving this growth.

Key Points: 
  • The increasing adoption of cashless transactions, coupled with enticing credit card offers, rising acceptance of credit cards, a shift from debit-based to credit-based economy, and the emergence of co-branded card offerings are driving this growth.
  • Credit card issuers are diligently working to raise awareness and foster innovation in this market, and the notable growth of the credit card market in India attests to these efforts.
  • Moreover, credit card spending reached a record high of USD 15.16 billion (INR 1.13 lakh crore) in May 2022.
  • Perceived high interest rates and uncertainty about credit card benefits are obstacles to credit card market expansion.

1 in 10 UK Small and Mid-Sized Businesses on Tide

Retrieved on: 
Wednesday, September 20, 2023
Finance, Professional Services, Technology, Fintech, Software, Heart, Meta, Woman, Multimedia, Carbon, Card reader, Entrepreneurship, Transnational Corporation of Nigeria, Acquisition, Corporate services, RuPay, FCA, Growth, Calbayog, Female, Dredging, Oyster farming, Automotive industry, Tide

The business now boasts a 10% market share of all UK small businesses with more than 550,000 customers (members).

Key Points: 
  • The business now boasts a 10% market share of all UK small businesses with more than 550,000 customers (members).
  • View the full release here: https://www.businesswire.com/news/home/20230919799679/en/
    1 in 10 UK Small and Mid-Sized Businesses on Tide (Photo: Business Wire)
    Tide serves small businesses which don’t have their own finance function, such as sole traders, freelancers and limited companies, part of the UK’s 5.5 million small businesses community 1
    The need to save time (and money) is a key pain point for small businesses who often find it a challenge to manage their finance and admin.
  • Tide now has more than 150,000 members in India, with Tide India CEO Gurjodhphal Singh leading that expansion.
  • Tide is proud to have grown its employee numbers to 1,500 and to see so many thrive at Tide.

IDEX Biometrics and KL HI-TECH to launch biometric payment cards in India

Retrieved on: 
Monday, September 18, 2023
Mastercard, IDEX Biometrics, RuPay, Visa, Growth, ISO, Payment card, KL

Oslo, Norway, 18 September 2023 – IDEX Biometrics and KL HI-TECH, a global card manufacturer and prominent provider of secure printing products and smart cards for central and state governments, have joined forces to introduce biometric payment cards to the Indian market.

Key Points: 
  • Oslo, Norway, 18 September 2023 – IDEX Biometrics and KL HI-TECH, a global card manufacturer and prominent provider of secure printing products and smart cards for central and state governments, have joined forces to introduce biometric payment cards to the Indian market.
  • With an annual production capacity of 36 million dual-interface payment cards, KL HI-TECH holds certifications in various ISO classes and is accredited by Visa, Mastercard, and RuPay.
  • KL HI-TECH biometric cards are expected to start reaching bank consumers in the first quarter of 2024.
  • P Srinivas Rao, Chairman & CEO of KL HI-TECH, remarks, "The convergence of a thriving smart card market and the rapid adoption of biometrics in India presents a remarkable opportunity for biometric cards.

United Kingdom Prepaid Card and Digital Wallet Business Report 2023: A $71.16 Billion Market by 2027 - Firms are Forging Strategic Alliances to Launch Prepaid Card Products for Travelers - ResearchAndMarkets.com

Retrieved on: 
Monday, April 24, 2023
Technology, Professional Services, Payments, Finance, Spend, Fintech, RuPay, Partnership, Parent, Tide, Maps.me, Revolut, Visa, GoHenry, Mastercard, Growth, SME, Cryptocurrency, Mail, Financial services, Payment card, Video game, Online shopping

The market is expected to record a CAGR of 9.8%, increasing from US$43.91 billion in 2022 to reach US$71.16 billion by 2027.

Key Points: 
  • The market is expected to record a CAGR of 9.8%, increasing from US$43.91 billion in 2022 to reach US$71.16 billion by 2027.
  • The prepaid card market (value terms) in United Kingdom increased at a CAGR of 8.0% during 2018-2022.
  • Overall, the publisher maintains a positive growth outlook for the prepaid card industry in the United Kingdom over the next three to four years.
  • In the United Kingdom, teen-focused prepaid card providers have experienced high growth amid the surging demand for digital payment solutions.

India Prepaid Card and Digital Wallet Business and Investment Opportunities Databook Q1 2023 Update: Robust Digital Payment Infrastructure Bolsters Sector

Retrieved on: 
Tuesday, March 28, 2023
Spend, Google Pay, RuPay, Travel, PhonePe, Smartphone, National Payments Corporation of India, Unified Payments Interface, UPI, Government, Drawing, NPCI, Growth, Digital, Ecosystem, KPI-driven code analysis, SME, Cryptocurrency, Video game, Mail, Bank, Tide, Paytm

DUBLIN, March 28, 2023 /PRNewswire/ -- The "India Prepaid Card and Digital Wallet Business and Investment Opportunities Databook - Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend - Q1 2023 Update" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 28, 2023 /PRNewswire/ -- The "India Prepaid Card and Digital Wallet Business and Investment Opportunities Databook - Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend - Q1 2023 Update" report has been added to ResearchAndMarkets.com's offering.
  • The robust digital payments infrastructure, coupled with a high smartphone and internet penetration rate, has driven the prepaid card market in India.
  • With over 100 KPIs at country level, this report provides comprehensive understanding of prepaid card and digital wallet card market dynamics.
  • With over 100 KPIs at country level, this report provides comprehensive understanding of prepaid card and digital wallet card market dynamics.

Tagger Media Expands into Middle East and India Following Successful Growth in EMEA and Latin America

Retrieved on: 
Tuesday, March 7, 2023
Data Management, Technology, Professional Services, Influencer, Marketing, Communications, Social Media, Digital Marketing, Data Analytics, Software, Content Marketing, Ecosystem, Growth, Coca-Cola, Square Enix, Software as a service, GDPR, CRM, Partnership, CCPA, YAAP, Lufthansa, RuPay, Internet, ROI, Risk management, The Walt Disney Company, Amazon, American Express

This growth further expands Tagger Media’s global presence spanning six continents and 17 international offices.

Key Points: 
  • This growth further expands Tagger Media’s global presence spanning six continents and 17 international offices.
  • Over the years, we have augmented the platform with customization, workflow integration, linguistic, multi-currency payments, and CRM capabilities,” states Dave Dickman, CEO of Tagger Media.
  • Considering the exemplary digitalization and burgeoning influencer culture in this growth market, I believe we have timed our entry into the Middle East and India well.”
    Tagger Media tapped YAAP as its exclusive partner due to its extensive operational experience and large network of clients in the Middle East and India.
  • The company has posted an impressive top-line growth of 97 percent and a five-time jump in profitability in recent years.

JCB Reaches One Million Rupay JCB Card Issuance Mark in India

Retrieved on: 
Monday, February 13, 2023
JCB Co., Ltd., JCB, INR, NPCI, Partnership, Travel, Growth, RuPay

TOKYO, Feb 13, 2023 - (JCN Newswire) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, today announced issuance of one million Rupay JCB Cards in India.

Key Points: 
  • TOKYO, Feb 13, 2023 - (JCN Newswire) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, today announced issuance of one million Rupay JCB Cards in India.
  • Along with the 3-fold growth in card issuance, a significant growth in Rupay JCB Card usage was also seen with international spending growing 8-fold between April 2022 to December 2022.
  • This is expected to further grow rapidly given the extremely lucrative international campaign currently available for RuPay JCB cardmembers.
  • This first million Rupay JCB issuance milestone is a testament to the strength of our partnership which will continue to grow in the coming years.