Global fintech firms fuse in-store, online payment methods as shoppers return

Photo: MC Payment

Global fintech companies are rolling out new payment systems in Asia to bridge the booming online and in-person payments business as shoppers return to brick-and-mortar stores with the easing of the COVID-19 pandemic.

US payments specialist Stripe, one of the world’s most valuable startups, recently launched a new point-of-sales (POS) system in Singapore, its first foray in Southeast Asia. With Stripe’s hand-held terminals, businesses can process in-store credit card and e-money payments. Merchants can track sales data of both in-store and e-commerce payments on Stripe’s dashboard.

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