Mobile Payment

Overseas In-Store Payments On Alipay Increased 700% Yoy During Golden Week 2017

Golden Week 2017: Alipay stats   This Golden Week, Alipay users conducted eight times as many in-store transactions overseas as they did last year. Asia dominated the list of top-ten destinations in terms of transaction volume. Hong Kong topped the list, followed by Thailand, Taiwan, Japan,

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Verizon 2017 Payment Security Report: Payment Card Security Standard Compliance And The Ability To Defend Against Cyberattacks

With cybercrime on the increase, payment card security is increasingly a focus for companies and consumers alike. The Payment Card Industry Data Security Standard (PCI DSS) is there to help businesses that take card payments protect their payment systems from

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Cross-Country Money Transfer At Users’ Fingertips on all Social Media Channels

Smart Transfer announced the official launch of the world’s first person-to-person mobile payment platform that enables international social payments across multiple currencies at no charge to users. Aside from bank accounts, Smart Transfer allows international money transactions to be made

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TNG​ ​Raises​ ​US$115​ ​Million​ ​in​ ​Series​ ​A​ ​Funding A​ ​New​ ​Record​ ​for​ ​Hong​ ​Kong​ ​Fintech Startups​ ​

TNG FinTech Group,  the operator of TNG Wallet, announced today the completion of its Series A round of funding, raising US$115 million at a post-transaction valuation of US$565 million. The transaction sets the record for the biggest-ever funding in a

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Visa Drives Payment Innovation in Hong Kong

Visa is committed to enhancing contactless payment experience and security, and to the advancement of mobile payment ecosystem in Hong Kong. Backed by a tech-savvy society with a high percentage of electronic payment in term of the total personal consumption

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TNG​ ​Wallet​ ​Partners​ ​with​ ​7-Eleven​ ​Hong​ ​Kong​ ​to​ ​Launch​ ​24​ ​×​ ​7​ ​FinTech​ ​Services

TNG Wallet, Hong Kong’s e-wallet, announces its partnership with 7-Eleven Hong Kong to launch 24×7 payment and cash withdrawal services in Hong Kong. Consumers are able to pay for purchases using TNG Wallet at all 7-Eleven stores in Hong Kong

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Why Tencent will be the Biggest Company in the World by 2025

While largely unknown outside China, Tencent Holdings has quietly became the largest Asian company by market capitalization and in April broke into top 10 largest companies in the world. Most recently it was already valued at $395 billion. Best known

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How other countries can learn from China’s digital payment platforms

A case study by Better than Cash Alliance has presented ways in which the developing world can learn from China when it comes to digital payment modes. The study, titled Social Networks, e-Commerce Platforms, and the Growth of Digital Payment

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Globe, Alipay, and the Chinese Tourist Trap

One weeks ago, Globe Telecommunications announced a new capital infusion from Jack Ma’s Ant Financial and Ayala Corporation into its Globe Fintech Innovations subsidiary (officially, Mynt). Mynt launched in late 2015 as a sort of revamped and consolidated version of GCash

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Peach Aviation Launch Integrated e-Payment Solution for Travelers in China and Asia

AsiaPay, a leading payment gateway service provider in Asia since 2000, has announced a collaboration with Peach Aviation, a well-known low cost carrier (LCC) in Japan, to offer UnionPay and AliPay Online Payment acceptance service for its travelers from China

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