Minh Ha Truong, our Head of Growth for APAC, has some fascinating insights on why virtual cards are a game-changer for payments in Southeast Asia. We all love the convenience of real-time transfers and QR codes, but as she points out, these systems have some serious blind spots. 📈 Why virtual cards are gaining ground In a world where phishing attacks via QR codes surged by over 270% last year, virtual cards are stepping in to offer what many other payment methods can't: 🔷Built-in Security: They give you chargeback rights and stronger fraud controls. 🔷Ultimate Control: You can set spending limits, create single-use cards, and freeze them instantly. 🔷Global Access: They work across borders, no matter where you are. The data speaks for itself: the global virtual card market is set to exceed $60 billion by 2030, with Asia Pacific leading the way. Read the full article here - https://lnkd.in/d8eBVQzi #DigitalPayments #Fintech #VirtualCards #ASEAN #Payments #FinancialInclusion #Security #Innovation
Why virtual cards are a game-changer for Southeast Asia payments
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