On September 2, President Tokayev of Kazakhstan delivered the state of the union address at the plenary session of
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Category: INDUSTRY NEWS
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British society is rapidly transitioning to a cashless society
With the large-scale popularization of digital payment, especially mobile payment, cashless settlement has largely replaced the traditional cash settlement,
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Russian social networking platform VKontakte access to aliexpress shopping function
Russia’s VKontakte, a social network owned by mail.ru Group, has announced it will start connecting to alibaba’s AliExpress in
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Jpmorgan Chase announced the closure of its Chase Pay payment app
In response to stiff competition from Google, Apple and Samsung, In 2015, Jpmorgan Chase launched its own stand-alone payment
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Status of mobile payment market in Indonesia: local apps still dominate, with the most active users of Go-pay
Mobile payments are becoming increasingly popular with Indonesians in Indonesia. Despite the limitations of the development level of Internet,
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Total cashless payments in Kazakhstan grew rapidly in the first half of the year
Kazakhstan’s total cashless payments in the first half of 2019 amounted to 4.8 trillion tenge ($12.5 billion), double from
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PayPal mobile payment Venmo offers instant transfer to bank accounts
According to media reports, PayPal mobile payment service Venmo has finally launched an instant transfer service that directly transfers
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WhatsApp will launch a payment function in India by the end of this year with more than 400 million users
WhatsApp, the messaging service owned by Facebook, has confirmed that it has amassed more than 400 million users in
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Russian website online payments surge, Yandex payments ‘favored’
Today’s international giants, from Microsoft, SONY PlayStation and Nintendo to Alibaba and ASOS, have entered the Russian e-commerce market.
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Japan’s MS&AD insurance company introduced Alipay for the first time
According to the Nikkei business daily on July 18, Japan’s MS&AD insurance group holding co., ltd. will introduce a
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PhonePe -Wal-Mart’s mobile payments company, will independently estimate it to a maximum valuation of $10 billion
Recently, Flipkart’s board of directors authorized mobile payments subsidiary PhonePe to become a separate entity. PhonePe is expected to
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PayPal and bank card networks could face tighter regulation over Facebook’s cryptocurrency program
Visa, Mastercard and PayPal may be early supporters of Facebook’s new digital currency Libra, according to media reports, but
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U.S. health care giant United Health has acquired payments firm Equian for $3.2 billion
UnitedHealth, the largest U.S. health insurer, said Thursday that it has agreed to buy Equian LLC, a provider of
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Libra, Facebook’s global cryptocurrency project, will live long?
Facebook, the US social giant, recently released a white paper on its project of the encrypted digital currency Libra.
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UK debit card payments outnumber cash payments account for nearly 40% of transactions
Britons are increasingly keen to pay by debit card and are paying less in cash, but there is growing
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Circle Pay will phase out support for social payment apps
In recent days, Circle, a Goldman Sachs-backed encryption firm, is poised to stop supporting its social payment app, called
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A small town in New Zealand becomes a “cashless society”
The only ATM in Mulupala, a small town on New Zealand’s north island, was dug out of the wall
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PayPal announces Launch of new e-commerce platform to serve small and medium-sized enterprises
PayPal recently announced a new e-commerce platform that will soon allow small and medium-sized businesses to use the same
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Paytm invests 25 billion rupees to promote scanning QR payment in fourth and fifth tier cities and towns in India
According to the economic times of India, on June 12, Paytm announced that it will invest 25 billion rupees
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Visa and LINE Pay have teamed up to promote electronic payments
Visa and instant messaging app LINE announced a strategic partnership to provide a new financial services experience to millions
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CNBC reported:Chinese tourists have tripled the number of Alipay merchants in Europe
It has become commonplace for Chinese consumers to use Alipay for various consumption and payment activities in China. Today,
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Thailand’s national tourism administration and Alipay signed a letter of intent in Bangkok
Thailand national tourism administration and Alipay (hangzhou) information technology co., ltd. signed a letter of intent in Bangkok on
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Alipay works with Ininal to provide payment services to Turkish Chinese tourists
Turkey’s leading a new generation of payment platform Multinet Up subsidiary ininal announced with Alibaba’s Ant financial services group
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SBI plans to launch Ripple-backed in-store payment app
SBI Ripple Asia, a subsidiary of Japanese financial giant SBI Holdings, will use its Money Tap app for in-store
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Apple Card’s back War: Citi falls out of favor, New love Goldman sachs
According to CNBC, several of the largest U.S. Banks or financial groups have partnered with apple and why investment
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Vietnamese government will improve legal system and promote cashless payment
Cashless payment is the future direction of the society. Promoting cashless payment helps prevent corruption, tax evasion, money laundering
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Paytm has 300 million users, and it is difficult for the business to be profitable in the short term
On May 15, 2019, Paytm, India’s largest mobile payment and commerce platform, launched a co-branded credit card with citibank.
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Facebook registered financial technology company in Switzerland: Focus on payments and blockchain
It has previously been reported in the media that American social networking giant Facebook plans to develop mobile payments
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WeChat payment for entry to schiphol airport in the Netherlands
As one of the largest established aviation hubs in Europe, Holland Schiphol Airport has been working to enhance the
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Indian government to force nationwide coverage of QR code payments
In order to promote digital payment services on a large scale, the Indian government will force the deployment of
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