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China’s central bank on Wednesday released a set of proposed guidelines to step up antitrust measures in the country’s booming online payments sector.
PayPal has completed its acquisition of a 70% equity stake in GoPay, making PayPal the first foreign payment platform to provide online payment services in China.
On September 11, WeChat officially announced that the first stop for WeChat Pay outside the mainland would be 'Macau', with over 60 'tapping points' open.
China’s central bank has recently released the pilot version of an app for e-CNY, the country's official digital currency, on the Apple and Android app stores. Furthermore, the digital RMB wallet of WeBank was also launched.
On July 13, Apple’s official Chinese website announced its summer promotion, which will see users get as much as 50% off purchases and 50 times points at partic...
The mobile app of Taobao, a leading Chinese online shopping platform operated by Alibaba, has begun to provide the option to use Tencent's WeChat Pay.