https://www.scmp.com/rss/521236/feed The latest news, analysis and opinion on Worldpay. In-depth analysis, industry insights and expert opinion. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Danielle Popov,Aileen Chuang Danielle Popov,Aileen Chuang Digital wallets are on track to become the dominant payment method in Hong Kong by 2030, accounting for nearly half of all online and in-store transactions, marking a significant shift away from traditional credit card payments, according to a new report. Digital wallets – typically smartphone-enabled payment systems run by technology companies such as Google and Apple – are projected to account for 45 per cent of the city’s online transaction value and 48 per cent of point-of-sale (POS)... https://www.scmp.com/business/money/money-news/article/3307217/digital-wallets-poised-overtake-credit-cards-hong-kong-2030-report?utm_source=rss_feed https://www.scmp.com/business/money/money-news/article/3307217/digital-wallets-poised-overtake-credit-cards-hong-kong-2030-report?utm_source=rss_feed Sun, 20 Apr 2025 09:00:31 +0000 Bloomberg Bloomberg Deal makers are coming to the end of their worst year for mergers and acquisitions (M&A) in a decade, having seen hopes of any meaningful recovery choked off by reluctant lenders and geopolitical flare-ups. The value of M&A and related transactions has declined by roughly a quarter this year to US$2.7 trillion going into the holiday period, data compiled by Bloomberg shows. That is the lowest annual total since 2013, which was also the last time deal values failed to hit US$3 trillion in a... https://www.scmp.com/business/banking-finance/article/3245604/global-ma-deal-makers-miss-us3-trillion-mark-first-time-10-years?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3245604/global-ma-deal-makers-miss-us3-trillion-mark-first-time-10-years?utm_source=rss_feed Tue, 19 Dec 2023 07:55:28 +0000 Advertising partner Advertising partner [Sponsored article] The global pandemic has led to a boom in e-commerce as consumers embrace digital shopping channels. In Hong Kong, 50 per cent of consumers are more confident about shopping online than they were before Covid-19 struck, according to research by KPMG¹. The surge in e-commerce has not only caught the attention of retailers, but also that of fraudsters, making the need to protect online business more important than ever. A new breed of fraudster While it may be tempting to assume... https://www.scmp.com/presented/business/topics/global-trends-e-commerce/article/3171856/how-protect-your-online-retail?utm_source=rss_feed https://www.scmp.com/presented/business/topics/global-trends-e-commerce/article/3171856/how-protect-your-online-retail?utm_source=rss_feed Fri, 08 Apr 2022 03:00:16 +0000 Jiaxing Li Jiaxing Li Digital wallets are expected to surpass credit cards as the most popular electronic payment method in Hong Kong by 2025, according to a new study, helping accelerate the city’s efforts to expand online retail transactions. In e-commerce, digital wallets will account for 40 per cent of the city’s online transaction value by 2025, overtaking credit cards, according to the 2022 Global Payments Report recently published by US financial technology company FIS. Hongkongers are shifting to digital... https://www.scmp.com/tech/tech-trends/article/3170392/hong-kongs-use-digital-wallets-online-payments-overtake-credit?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3170392/hong-kongs-use-digital-wallets-online-payments-overtake-credit?utm_source=rss_feed Mon, 14 Mar 2022 10:00:18 +0000