Category: #fintech

  • Curve Launches New Crypto Rewards Transfer Feature to Enhance Digital Asset Flexibility

    Curve, a leading fintech company that allows users to combine their existing debit, credit, and rewards cards into one all-in-one payment card, has announced the launch of a new feature that enables its customers to transfer their crypto rewards from merchant transactions to their own digital wallets. This move recognizes the growing importance of providing customers and the crypto-curious with even more flexibility over digital assets.

    The new feature allows Curve users to “supercharge” their money by earning rewards with the Curve app or card and then converting those rewards into one of 10 different cryptocurrencies, including Bitcoin and Ethereum. This latest offering enhances the flexibility of digital assets and enables users to take greater control over their financial transactions.

    With the continued growth of the cryptocurrency market, many consumers are looking for more ways to invest and manage their digital assets. Curve’s new feature addresses this demand by allowing users to easily and securely transfer their crypto rewards to their own digital wallets, providing them with greater control and flexibility over their digital assets.

    To use this new feature, Curve customers simply need to earn rewards with the Curve app or card and then select the option to convert those rewards into cryptocurrency. The rewards can then be transferred to the user’s digital wallet of choice, giving them the freedom to manage and invest in their digital assets as they see fit.

    Curve’s new crypto rewards transfer feature is a significant step forward in providing customers with more flexibility and control over their digital assets. By combining the convenience of an all-in-one payment card with the flexibility of cryptocurrencies, Curve is leading the way in the fintech industry and empowering consumers to take greater control over their financial future.

  • TNG eWallet Kini Boleh Digunakan di China Tanpa Perlu Aplikasi Tambahan

    Lebih daripada 10 juta peniaga Alipay di China kini menerima kod QR Alipay+ daripada TNG eWallet, membolehkan rakyat Malaysia membuat transaksi tanpa wang tunai di China seperti orang tempatan. Ini adalah berita baik kerana anda tidak perlu memuat turun aplikasi tambahan dan cukup memastikan baki mencukupi di dalam TNG eWallet anda.

    Namun, terdapat beberapa kekangan kerana sesetengah peniaga kecil di China mungkin menggunakan kod QR peribadi mereka untuk menerima pembayaran dan kod QR Alipay+ mungkin tidak diterima oleh peniaga Alipay lama. Pada masa ini, pembayaran Alipay+ melalui Touch ‘n Go eWallet tidak menyokong pemindahan peer-to-peer. Kod QR bukan peniaga pada masa ini tidak disokong oleh dompet luar negeri disebabkan oleh sekatan peraturan.

    Untuk menggunakan TNG eWallet anda di China, cukup tekan Bayar dan kemudian geser ke atas untuk menunjukkan kod QR Alipay+ anda seperti yang ditunjukkan di atas. Kemudian pilih China Daratan dan tunjukkan kod QR anda kepada peniaga Alipay. Aplikasi TNG eWallet akan memaparkan kadar pertukaran mata wang asing semasa kod QR dipaparkan.

    Pengguna Touch ‘n Go eWallet kini boleh bertransaksi di China tanpa perlu memuat turun aplikasi tambahan. Walau bagaimanapun, terdapat beberapa kekangan yang perlu diambil kira sebelum membuat transaksi menggunakan TNG eWallet.

  • Visa+ Launches New P2P Payment Service Across Different Platforms

    Visa has announced the launch of a new service, called Visa+, that will allow users to send and receive P2P payments across different platforms. Initially, the service will link Venmo and PayPal, and then expand to include other Visa partners. This move is set to overcome a major obstacle in P2P payments, where users have to be part of a specific network to transfer funds.

    What sets Visa+ apart is that users do not need to have a Visa card to use the service. The heart of Visa+ is a new payment credential called Visa+ Payname, which is a personalized payment address that can only receive payments. Users can create a Visa+ Payname through a participating app, and share it with a sender on a different app. When a payment is made, the sender’s app “calls” the Visa+ service, requests an underlying token, and then “pushes” the payment through to the recipient’s wallet, which is credited in real-time.

    Visa has implemented a multi-layered system of controls to ensure security and prevent fraud. The system includes protocols for stepped-up recipient verification, and senders can remove this verification for subsequent transactions with the same recipient. In the US, transaction limits for the service are currently capped at $2,500.

    This new service is a game-changer for P2P payments, as it allows for greater flexibility and convenience for users. With Visa+ Payname, users can easily transfer funds across different platforms without the need for a specific P2P network or a Visa card. This development has the potential to disrupt the P2P payments industry and lead to the creation of more innovative payment solutions.

    In conclusion, Visa+ is a significant step forward for the P2P payments industry. The service allows users to send and receive payments across different platforms without the need for a specific network or a Visa card. The multi-layered system of controls ensures the security of transactions, and the $2,500 transaction limit provides an added layer of protection. This development has the potential to change the way we transfer funds and paves the way for more innovative payment solutions.

  • Revolut rolls out rewards offering in SG

    Fintech startup Revolut applies for European banking license

    Revolut has unveiled lifestyle offerings called Revolut Rewards to all
    Singapore customers. With Revolut Rewards, customers can now access
    special discounts and cashback on a number of brands that they know
    and love, simply by using their Revolut Visa card. Revolut Rewards
    kickstarts with cashbacks for top brands, including Amazon, Nike, Lazada
    and Zalora that are instantly available to all Revolut customers in
    Singapore. Customers can expect curated personalized offerings through
    Revolut’s behavioral intelligence platform. There is no additional
    subscription to pay to use Revolut Rewards; customers simply must be a
    Revolut customer based in Singapore. Revolut welcomes local brands to
    come onboard Revolut Rewards programme, which features Singapore’s
    most popular categories such as: health and beauty, apparel &
    sportswear, electronic gadgets, food & beverages and many more.