Suzhou Digital Currency Trial Closes, Beijing Follows Up E-yuan Pilot
The digital currency trial in the city of Suzhou came to an end on Dec. 27 at midnight, Beijing local time, which lasted for two weeks starting from Dec. 11.
12/30/20203 min read
Tag: #Mobile payment
Showing 12 of 58 posts with this tag
WeChat and Alipay Integrate With National Health Insurance in China
WeChat Pay and Alipay have increased their utility for Chinese citizens by integrating with the country’s national healthcare system.
Overseas Users Can Now Connect International Cards to WeChat Pay
Tencent has cooperated with five international financial service companies to make it possible to tie overseas international credit cards to WeChat, thus allowing overseas users to utilize WeChat’s payment services.
Alipay and 28 Banking Institutions Accept Each Other's Offline Payment Code
Alipay announced on its official WeChat account on Thursday that the company and China UnionPay now recognized each other's collection code across China.
12/2/20212 min read
Alipay Unveils Annual Report for Wallet-Free Chinese Users
Mobile payments accounted for 82 percent of all payments on the Alipay platform in 2017, according to an Alipay report published on January 2. Many people in Ch...
Douyin Now Supports Alipay's QR Code for Payment
ByteDance's short video app Douyin has begun supporting Alipay's collection code, a mobile and online payment platform, to finish payments, though the function is not available for Tencent's super app WeChat just yet.
WeChat Pay HK Helps with Mainland Cross-Border Payment Services
HKSAR confirms quarantine-free travel between the Mainland of China and Hong Kong on and before January 15. WeChat Pay HK, a mobile payment platform under Tencent, will help users enjoy seamless, safe and convenient cross-border payment services in areas of travel, dining, consumption and entertainment.
12/29/20223 min read
Digital Currency Debuts as Part of Salary in Suzhou, Local Report says
Some civil servants have already received part of their salary in the form of digital currency in Suzhou, according to Chinese state-owned media.
8/28/20204 min read
Passengers Can Now Order Takeout While Taking the Chinese High Speed Rail with Alipay Integration
According to recent news, starting July 17th, passengers taking the G and D EMU (electric multiple unit ) trains will be able to make meal orders through the 12...
Ant Financial Is Going to Release A Malaysian Version of Alipay
On July 24, Ant Financial announced the signing of an agreement with Touch'n Go (TNG), a company directly affiliated with the CIMB Bank. A joint venture company...
Paypal Eyeing Chinese E-commerce Business, Strives for Payment License in China
PayPal has been negotiating incessantly with Chinese regulators for the past four years to obtain a payment license to enter the large market, as The Paper repo...
8/13/20182 min read
Number of ATMs in China Now Less Than One Million in Age of Mobile Payment
According to the latest PBoC report on the overall operation of payment systems during the second quarter of 2021, the number of automatic teller machines (ATMs) in the country has fallen below one million.
9/16/20212 min read