
China NFT Weekly: WeChat's Big Move
This week: Bilibili launches first NFT series "Dovthe," e-CNY will enter WeChat Pay, GameStop shares surge on plan to enter NFTs, and more.
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This week: Bilibili launches first NFT series "Dovthe," e-CNY will enter WeChat Pay, GameStop shares surge on plan to enter NFTs, and more.
On September 11, according to WeChat Global, WeChat Pay and LINE Pay announced that they would further deepen their cooperation in the field of mobile payments and begin integrating WeChat Pay with LINE Pay's merchants in Japan.
WeChat Pay and Alipay have increased their utility for Chinese citizens by integrating with the country’s national healthcare system.
Fintech platform Airwallex on October 11 announced that it has recently closed E2 Series financing, garnering $100 million. Its total funding amount increased to more than $900 million, with the same $5.5 billion valuation.
Alibaba has further adopted WeChat Pay service on applications including Ele.me, Youku, Damai, Kaola and Shuqi, among others.
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...
The personal money reception codes on electronic payment platforms will be gradually limited from use in business operations in China.
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.
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...
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.
WeChat has officially rolled out a personal credit rating system to determine the trustworthiness of users.
Chinese authorities are considering requiring Tencent to include its WeChat Pay system in a newly created financial holding company.