Mobile Payment

Gemalto Enables Digitization of Hong Kong’s Octopus Card into Samsung Pay

Gemalto, a digital security provider , announced that its Service Hub is enabling the secure digitization of Octopus contactless smart cards into Samsung Pay. Named Smart Octopus in Samsung Pay, this new mobile payment service allows consumers to securely pay and travel by simply

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WeChat Pay Duplicates Domestic Lifestyle Overseas Where Over 90% Chinese Still Prefer Mobile Payment

“As mobile payment is increasingly welcomed by mainland Chinese outbound tourists, WeChat Pay plans to constantly invest in its cross-border business, with the aim of duplicating the domestic WeChat lifestyle overseas,” Grace Yin, WeChat Pay Director for Overseas Operation today

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2018 Forecasts and 2017 Highlights for Electronic Payments

The imminent arrival of PSD2 (championing open banking), has seen a mind-shift within banking in 2017. And payments are no exception. At Sibos 2017, I noticed that banks now realize there is a real benefit in working with fintechs. Banks

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Adyen Launches Wechat Pay on Point-Of-Sale Terminals to Process Payments for 400m Chinese Consumers

Adyen rolled out WeChat Pay, one of the most popular mobile payment apps in China, allowing Adyen merchants to offer WeChat Pay on their point-of-sale terminals worldwide. This is a key addition to Adyen’s unified commerce solution. Since 2016, consumers have

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Infographic: The 11.11 Global Shopping Festival , Mobile Payments

The 11.11 Global Shopping Festival generates bigger numbers every year than any other online sale in the world. This year’s final tally hit a new record: $17.79 billion in gross merchandise volume, up from $14.3 billion in 2015. But Alibaba

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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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