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Apple Pay, Android Pay and Alipay Now Available in some Hotels in Hong Kong
Guests are now welcomed to use Apple Pay, Android Pay and Alipay at Hotel Panorama by Rhombus and Hotel Pennington by Rhombus, while Apple Pay and Android Pay are also available at Hotel LKF by Rhombus. Following the success of
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Swiss SIX Payment Services Goes Alipay
Pan-European payments provider SIX and Chinese mobile payments pioneer Alipay respond to a major retail trend by planning to support merchants in tapping into the potential of millions of new customers. Users of the popular Chinese payment App Alipay will
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Ant Financial Worth US$75B, Considers IPO in HK Next Year, All Facts you Have to Know about Alipay
Ant Financial, Alipay’s parent company and Alibaba’s financial-services affiliate, is said to be worth US$75 billion, according to Elinor Leung, the head of telecom and Internet research at CLSA in Hong Kong. According to a Bloomberg report, Leung estimates that
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How PayMe by HSBC is Shaping Digital Payment Usage in Hong Kong
The rise of digital payment solutions has significantly transformed Hong Kong’s financial landscape, with consumers increasingly adopting mobile wallets and other digital payment options in their daily lives. As the demand for convenient, secure, and innovative payment methods grows, the
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Ant Group Rolls Out International Zones with Global E-Wallets and Card Partners
Ant Group, in collaboration with 11 overseas payment partners of Alipay+ and major international card organisations, launched a programme in Beijing to establish International Consumer Friendly Zones across significant tourist and commercial cities in China. This initiative, supported by relevant
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Ant Group Appoints Han Xinyi as President in Major Organisational Overhaul
Ant Group, a leader in financial technology based in China, is undergoing significant organisational restructuring, which includes the appointment of Han Xinyi as the new President of the company. This information comes from an internal email sent by the group’s
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Hong Kong Continues Exploration of Digital Currency with Phase 2 of e-HKD
The Hong Kong Monetary Authority (HKMA) has embarked on phase 2 of its e-HKD pilot programme, aiming to explore and expand upon the innovative applications of digital currency in Hong Kong. This move follows the successful completion of the programme’s
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China’s Ant Group Increases Transaction Limits for Overseas Travelers
Ant Group, in response to new policies by the People’s Bank of China (PBOC) aimed at facilitating international visits, has announced an increase in transaction limits for international travelers using its cross-border payment services. Effective immediately, the single transaction limit
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Branch Banking Remains Crucial for 95% in Hong Kong
In the bustling financial hub of Hong Kong, consumer satisfaction with banking services remains high, driven by a blend of traditional and modern banking preferences. Consumers remain largely satisfied with their primary bank relationships but are not putting all their
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Ant Group Faces 92% Profit Decline in Latest Quarterly Report
Ant Group, the financial technology entity founded by Jack Ma, has witnessed a significant downturn in its quarterly earnings, with a 92 percent reduction as it navigates through an economic downturn and enduring regulatory oversight. Based in Hangzhou, the company
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