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Fave the latest to introduce ‘Pay Later’ options in Singapore and Malaysia By Fave will be introducing interest-free ‘Buy Now, Pay Later’ options with a three-month installment plan that will include cashback for users The platform will be piloting a type of point-of-sale installment loans in Singapore and Malaysia ‘sometime next month’ Southeast Asia’s fast-growing consumer fintech platform Fave, recently acquired by one of Asia’s leading merchant commerce platforms Pine Labs...

Go Your browser has Javascript disabled, so some things may not quite work how they should on LI right now: please enable JavaScript in your browser to fix things, we have no nefarious trackers, or scripts by Facebook, Google or others... In Brief Tuesday, 25 May 2021 14:16 Private equity / VC Pine Labs, the digital payments and commerce solutions provider to merchants, said it has raised $285 million in new funding from public market crossover investors, including Marshall Wace, Baron Capit...

Press release content from Business Wire. The AP news staff was not involved in its creation. Malaysia’s Biggest Sports Retailer Al-Ikhsan Partners with Pine Labs to Enable Seamless In-store Payment Experiences for Its Customers May 12, 2021 GMT SINGAPORE--(BUSINESS WIRE)--May 11, 2021-- Pine Labs, one of Asia’s leading merchant commerce platforms, today announced that it has deployed its point of sale (PoS) solutions across the 136 stores of Al-Ikhsan, the biggest sports retailer in Malays...

Google Pay to soon bring contactless UPI payments using NFC in India Back in September 2017, Google brought its UPI-based payment serviced dubbed Google Pay in India. If you’ve been using it since its initial launch, then you already know that it used to go by the name ‘Tez’ (which is Hindi for Speed). Since its initial release, the search engine giant has rolled out new features to its payment app. Users can now even recharge their prepaid and postpaid connections while also paying vario...

Google Pay for India will soon let you make UPI payments without having to scan a QR code.

What you need to know Google Pay users in India will soon be able to make UPI payments over NFC. The functionality will be limited to Pine Lab payment terminals, at least initially. It could take a few days for the feature to go live for all users. Google has quietly introduced a new feature that will make it a lot easier for users in India to make UPI payments at a merchant store. As reported by Needless to say, you wont be able to make contactless payments if your phone doesnt have NFC or if...

Google Pay Now Supports UPI Payments Over NFC Advertisement Advertisement Google Pay is adding support for UPI (Unified Payments Interface) transactions over NFC in India. If you have a UPI account configured on Google Pay in your NFC-enabled smartphone, you can now easily and quickly make contactless payments for purchases at merchant establishments. UPI is an instant real-time payment system facilitating inter-bank transactions in India. According to a Google support page, the Google Pay ap...

Google Pay is adding support for UPI payments over NFC In India, Google Pay primarily revolves around sending money via UPI, the countrys leading digital payment platform. It was only last year that the India-exclusive version of the app got support for debit and credit card payments over NFC. Now, Google is looking to further improve the mobile payment solution with NFC-initiated UPI payments. A Google support page explains how this will work. To make UPI payments over NFC, youll need a Google...

Will Singapores Fave succeed in India following Pine Labs acquisition? ANI | Updated: Apr 19, 2021 12:16 IST By Lee Kah Whye Singapore, April 19 (ANI): Last week, Noida based Pine Labs announced that it is acquiring Fave, one of Southeast Asias fastest growing fintech and e-commerce startups in a cash plus stock deal. Pine Labs said in a press release that it is paying over SGD 60 million (USD 45 million) to take over the Singapore-based company. Faves inv...

The acquisition also paves the way for Fave to launch its payments app in India, which will allow Indian consumers to make transactions at nearly 5 lakh physical retail points and merchants powered by Pine Labs