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Ant Financial fights back from MoneyGram disappointment with rival blockchain remittance service
After the disappointment of US regulators blocking its purchase of MoneyGram, Ant Financial has taken a step towards dramatically lowering...
Battle lines being drawn in Chinese payments apps Vs banks showdown
In Hong Kong’s airport, Alipay’s azure blue logos began appearing two years ago greeting travellers from China who rely on...
Global mobile wallet users to total 2.1 billion in 2019
Nearly 2.1 billion consumers worldwide will use a mobile wallet to make a payment or send money in 2019, up...
Chinese tourists want to use mobile payments
Nearly all Chinese travellers (91%) would be more willing to shop and spend at overseas merchants that accepted Chinese mobile...
CK Hutchison and Ant Financial ink mobile payment JV
CK Hutchison, the multinational conglomerate, and China’s Ant Financial have announced a joint venture to drive mobile payments in Hong Kong...
Barclaycard pilots Alipay acceptance in UK stores
Barclaycard is rumoured to begin a pilot that enables merchants in the UK to accept Alipay transactions at POS in-store. The pilot will...
Chinese regulator mandates mobile payments clearing house
China’s central bank and regulator has mandated online and mobile payment groups to operate through a centralised clearing house, a...
Apple Pay’s first large-scale promotion in China intensifies its competition with Alipay and WeChat Pay
The size of Apple Pay’s share in the mobile payments market in China will depend on how well Apple Pay...