Tag "Alipay"

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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China’s Tech Innovation Catches up to the US

KPMG’s 2017 study on global technology innovation hubs found that China is quickly catching up to the US in terms of its potential for disruptive breakthroughs. In a survey conducted by KPMG among global tech innovation leaders, 23 percent of

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Globe, Alipay, and the Chinese Tourist Trap

One week 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 and its

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E-Wallet Hong Kong Player Stepping Up Its Game Amid Competition

Mobile payment is a major source of financial innovation which is gaining traction rapidly around the world. China is the number 1 market with US$67.7 billion transaction followed by the United States at US$24.9 billion and the United Kingdom at

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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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