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Alipay, WeChat Pay extend reach for tourists

Ant Financial’s Alipay and Tencent’s WeChat Pay introduced a new initiative enabling tourists in China …

Ant Financial hails Alipay service expansion

Alipay’s parent company revealed it successfully sold advanced financial services including credit, micro-finance and wealth …

Citcon eyes European Alipay, WeChat Pay opportunity

US-based Citcon, which provides retail platforms enabling payments to be made using major Chinese mobile …

Wallet providers ink European interoperability pact

Seven mobile wallet providers agreed a collaboration to develop and promote a payment interoperability network …

Nepal blocks dominant Chinese payment players

Nepal slapped a ban on the use of Chinese mobile payment platforms WeChat Pay and …

Alipay gains traction in Japan

Alipay announced users can access its payments service at more than 300,000 merchants in Japan, …

Mobile payment user numbers surge in China

More than 580 million people made at least one mobile payment in China during 2018, …

Apple looks to loans to boost iPhone in China

Apple teamed with payment giant Alipay to offer consumers in China interest-free financing for its …

Telenor bank launches blockchain remittances

Telenor Microfinance Bank (TMB) revealed it will offer remittances between Pakistan and Malaysia using blockchain …

China clamps down on retailers refusing cash

China’s central bank executed a nationwide campaign against retailers refusing to take physical cash during …