Asia

Ria Money Transfer is significantly expanding its presence in India through partnerships with three leading cash remittance payout agents with broad reach within India, the world’s largest recipient of migrant remittances.

Peach Aviation Ltd. will become the first Japanese carrier to accept bitcoin as payment for airline tickets as the discount airline aims to attract more tourists from other parts of Asia.

Ant Financial, China’s largest provider of internet financial services, will continue investing in mobile-payment providers around the world to boost offshore revenue and buttress itself from rising competition and tighter regulation at home.

Paytm, India’s largest digital payments startup, raised $1.4 billion from SoftBank Group Corp. in the largest funding round from a single investor for the country’s technology sector.

U.S. payment companies frustrated by Chinese regulations blocking direct access to its vast consumer market could get a break under the terms of a new U.S.-China trade deal.

Alipay's big partnership with First Data will extend its merchant base, but travelers from China will benefit before U.S. consumers.

As China's only gambling center, the island has become a crime risk, pressuring greater security for card transactions.

The company's original markets are India and China, but it plans to reach 10 major markets for B-to-B cross-border payments in the next year.

U.K.-based TransferWise has enabled online customer verification at its new Asia Pacific base in Singapore, so users need not visit an office to set up an account with TransferWise's cross-border funds-transfer service.

TransferWise Ltd., the London-based startup backed by investors including Peter Thiel’s Valar Ventures and Andreessen Horowitz, is bringing its international money transfer service to Singapore, aiming to shake up banks’ dominance of the market.