WeChat Makes Its Way to Italy
Chinese mobile payments platform WeChat Pay arrives in Italy, enabling Chinese shoppers to make purchases in the country. These transactions ...
Tag: Tencent
China’s Central Bank Cracks Down on Major Payment Platforms
The People’s Bank of China (PBOC) will require payment platforms to allocate as much as 50% of their total client ...
BNP Paribas Integrates WeChat Pay, Year After Its Alipay Launch
EXCLUSIVE - BNP Paribas opened Chinese mobile payment service WeChat Pay to its retail partners in Europe today. The payment ...
$3.46 Trillion in 3 Months: China’s Colossal Mobile Payments Market
Xinhua News reports that consumers in China’s third-party mobile payment market spent a total of $3.46 trillion (23 trillion yuan) ...
How Chinese Companies Are Handling Tight Regulations
Chinese insurance company ZhongAn Online Property and Casualty Insurance, which boasts a customer base of 500 million people, has obtained ...
Ant Financial Digs in its Heels in Mobile Payment Battle Against Tencent
Ant Financial, which operates Chinese internet giant Alibaba’s Alipay mobile payment app, just made two maneuvers to gain ground in ...
Apple Pay Overpowered by Tencent’s WeChat Pay
Apple issued an official statement today stating that its mainland Chinese users will now be able to use WeChat Pay ...
The Key to Payments in China? Transparency, Geoswift Says
EXCLUSIVE—Moving money in and out of China can be a struggle even for Chinese companies, as the country’s financial regulations ...
Tencent Amps Up AI Efforts for WeChat Pay
Tencent is making a significant bet on artificial intelligence in its financial advisory services. In May, the giant Chinese digital ...
Tencent Will Increase Investment in Payments, AI
Tencent Holdings will be increasing its investments in financial technologies like artificial technologies and in payments, the company stated during ...
