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Insights
03-Oct-19 Southeast Asia’s Internet economy will reach USD100 bn in 2019, up 39 percent from USD72 bn last year. While Malaysia, the Philippines, Singapore and Thailand are expanding at 20-30 percent, growth in Indonesia and Vietnam is over 40 percent. [image: bennymarty/123RF]
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Insights
14-Mar-19 Alipay and Barclaycard - which processes half the UK's card transactions - have collaborated to allow UK retailers to accept Alipay. 483,000 Chinese tourists will spend USD1.33 bn in 2019. The UK also has about 493,000 Chinese residents and students. [image: Alizila]
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Insights
21-Jan-19 As Chinese consumers increasingly vacation overseas, their mobile-payment apps are following them, and offering a new way for merchants to attract customers. More than half of businesses saw an increase in foot traffic and transaction size after adopting Alipay. [image: Nielsen / Alizila]
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Insights
17-Oct-18 Singapore e-payments provider Nets is in talks with WeChat Pay to allow its users to make mobile payments in China. The partnership would allow NetsPay users to scan QR codes in China and settle purchases in Singapore dollars. [image: South China Morning Post]
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Events
GGM's head of Financial & Business Services, Tom MacDonald, has been invited to speak about payment market trends in the Middle East at the Commercial Payments International Middle East & Africa Symposium in Dubai on 6-Nov-18. Tom will use GGM's proprietary payments market data to compare the Middle East with other world regions, and identify opportunities and threats throughout the payment ecosystem. [Image: Commercial Payments International]
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