Tag: WeChat
Alipay & WeChat payments have risen to $2.9 trillion
Alipay and WeChat payments have risen from transactions of less than $81bn (RMB 1 trillion) in 2012 to an estimated $2.9 trillion (RMB 20 trillion) in 2016. Read more: www.crowdfundinsider.com
WeChat partners with London payments firm
London-based FinTech firm has announced it is to partner with the tech firm to provide payment options within WeChat’s wildly popular payment app. Read more: bdaily.co.uk
In FinTech, China shows the way
Advanced technology, backward banks and soaring wealth make China a leader in FinTech. Read more: www.economist.com
How Chinese mobile payments are quietly conquering the world
The mobile payment space has become fiercely competitive, Alibaba and messaging giant WeChat scrambling for valuable market share. Read more: e27.co
Zenbanx launches conversational banking
Conversational banking is the ability for customers to use messaging platforms to sign-in, check balances, get exchange rates, and send money. Read more: www.prnewswire.com
Banks must become open platforms
Banking as an open platform is starting to look inevitable. Read more: www.finextra.com
AliPay and WeChat granted Hong Kong wallet licenses
Two of China’s biggest mobile payments players AliPay and WeChat, have won approval to operate digital wallets in Hong Kong. It’s seen as a major step towards international expansion.