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Paymentology brings cutting-edge cards infrastructure tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.
Digital Banking: Hong Kong's Mox Bank Introduces Buy Now Pay Later Service via its Max Credit Product crowdfundinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crowdfundinsider.com Daily Mail and Mail on Sunday newspapers.
Hong Kong-based digital banking platform Mox Bank and Mastercard recently revealed a smart new feature, referred to as “Flip.” Flip will be available on the “all-in-one” numberless Mox Cards which allow clients to flip freely between spending via their debit and credit card accounts. Mox Bank had previously introduced additional payment innovations such as its numberless bank card, Apple Pay and Google Pay payment options, along with the introduction of Mox Credit via its all-in-one Mox Card. The virtual bank’s management noted that they have now onboarded over 130,000 clients and their Mox Card has now been used around 4 million times with over 40% of its card spending being carried out via online or all-digital platforms. ....
Top 3 occupations of customers: Banking, accounting, and finance; IT; Retail and wholesale Customers rate the Mox app positively. It is Hong Kong s highest-rated and most-reviewed virtual bank in the App Store We call our customers Generation Mox. They are a creative, curious and connected tribe. Generation Mox is not about age or digital savviness; it is a mindset for more possibilities. We believe banking should be simple, intuitive and delightful Deniz Güven, CEO, Mox Innovative and inclusive banking experience Mox identified more than 80 different pain points during the research, but one in particular stood out: many participants had seen traditional banks providing better services to those customers based on how much money they have or deposit in the bank. In other words, banks tend to focus only on affluent customers. ....