Can WeChat Pay and Alipay replicate their successes in Southeast Asia?
China has rapidly developed into the definite global leader in mobile payments. Every time when we go on business trips in China, our foreign...
Alibaba joins with Li Ka-shing in an all-out payments war with...
Since Alipay in Hong Kong formed a strategic cooperation with Li Ka-shing’s CK Hutchison Holdings in September 2017, and WeChat Pay Hong Kong followed...
Thailand’s Central Group is going big OFFLINE
It is setting aside US$1.5 billion to grow its physical stores across Thailand and Vietnam
In just 4 years, WeChat has changed the way people give...
For the past four years, the biggest social app in China, WeChat, has changed the way people gave red packets during the Chinese New Year. Now it is building an ecosystem for a greater plan.
Now bitcoin is down, how to (re)position yourself – Crypto Market...
In part 1 we briefly discussed the future of crypto where we suggested that central banks around the world might pick-up bitcoin as a...
[MW Special Report] E-commerce in Vietnam
With a young, tech-savvy population with high consumption demand, B2C and C2C e-commerce in Vietnam has plenty of potential to grow. However, customer perception...
Chicken and egg: how OVO solved its mobile payment problem
As a part of the Indonesian conglomerate group, it has conveniently eliminated the first problem of acquiring merchants.
Understanding the trends – Crypto Market Review Part 1
As bitcoin prices consolidated at the US$13,000 range, many pundits are now predicting that it may fall to US$5,000 or rise to US$20,000. The...
Momentum Works’ predictions beyond Southeast Asia
You would have read our predictions for Southeast Asia last week. Now, we have our predictions for what we think is going to happen further afield...
Subsising MDR is a masterstroke by Indian government
Last Friday (16th December 2017) the Indian Government announced that from January 1 2018 it would absorb the merchant discount rate (MDR) on transactions...