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China moves to provide convenient payment services for foreigners
The People's Bank of China (PBOC), the central bank, demanded concerted efforts on Thursday to allow foreigners to make easier payments in the country.
March01,2024
Chinese tech giants facilitate mobile payments for overseas tourists
Alipay and WeChat Pay, China's two major payment apps, recently allowed foreign users to link international credit cards to their platforms, a move that will provide great convenience to foreign travelers in China's cashless society.
August04,2023
Ant Group expands Alipay+ coverage to all 7-Eleven stores in Malaysia
Ant Group, the operator of Alipay+, a suite of global cross-border digital payment and marketing solutions, Monday has announced the latest expansion of Alipay+ coverage to all 7-Eleven stores in Malaysia, enabled by Razer Merchant Services (RMS).
June27,2023
【Financial Str. Release】China central bank extends payment biz licenses of 24 non-banking institutions including Alipay
Chinese central bank, the People's Bank of China (PBOC) extended the payment business licenses of 24 non-banking payment institutions, reported Xinhua-run Xinhua Finance citing an announcement posted on PBOC's website Thursday.
May14,2021
Pet noseprint recognition technology showcased at conference
During the first INCLUSION Fintech Conference that kicked off on Thursday in Shanghai, a pet noseprint recognition technology developed by Ant Group, the parent company of China's leading mobile-payment business Alipay, was showcased and will be applied in more pet services.
September25,2020
Alipay uses noseprint recognition for pet insurance
Chinese mobile payment giant Alipay's insurance platform has open-sourced noseprint recognition technology to use it on the company's newly launched pet insurance, according to Alipay.
July23,2020
Small businesses report revenue rebound after COVID-19 shock: Alipay report
Small businesses in China recovering from the COVID-19 impact have seen revenue growth as the epidemic wanes.
June04,2020
ICBC deepens cooperation with Alipay
The Industrial and Commercial Bank of China (ICBC), China's biggest commercial lender, recently launched a three-year deposit product on the country's leading digital payment platform Alipay, reported the Xinhua-run Shanghai Securities Journal.
May29,2020
East Chinese city to build China's first digital life city with Alipay
Huzhou, a prefecture-level city in east China's Zhejiang Province, on Saturday signed an agreement with Alibaba and Ant Financial to jointly offer new services for digital life in the city, reported China Securities Journal.
April26,2020
China Focus: Alipay aids China's service industry in going digital
China's leading digital payment platform Alipay on Tuesday unveiled a three-year plan to support the digital transformation of 40 million service providers by working with 5,000 independent software vendors.
March11,2020
Alipay launches AlipayHK e-wallet service in Macao
Alipay, the world's leading payment platform, has launched its AlipayHK e-wallet service in Macao, the Xinhua-run Shanghai Securities News reported on Thursday.
February28,2020
China's Alipay, WeChat Pay ban virtual currency trading
China's two leading digital payment platforms Alipay and WeChat Pay have made explicit their policies forbidding transactions related to virtual currency trading.
October12,2019
Thanks to Alipay, Milan in first place for Chinese shopping
The record emerged from a study conducted by Planet. Milan is in first place for volume of purchases (34%) made by Chinese customers, overtaking Rome, Florence and Venice. Digital payments increased, where the role played by Alipay and the tax free market is crucial.
October10,2019
Alipay reports rising overseas transactions during National Day holiday
Chinese mobile payment giant Alipay reported surging overseas transactions during the National Day holiday as the company accelerates its footprint expansion across the globe.
October09,2019
Alipay starts face-scanning solutions with beauty filters in China's largest bookstore
Chinese payment and service platform Alipay started operating its facial recognition payment systems with beauty filters at Xinhua Bookstores, the largest bookstore in China, the company announced Tuesday.
July17,2019
China's mobile payment technology gains popularity overseas
As implementation of the Belt and Road Initiative (BRI) advances, the economic and trade ties between China and involving countries are getting closer, promoting the global application of China's mobile payment technology and bringing new opportunities for relevant countries.
July11,2019
Alipay to save big sums for SMEs with free digital tools
Alipay announced Wednesday that it will provide small and micro enterprise (SME) owners with digital tools that are free of charge, helping them save at least 50 billion yuan (7.3 billion U.S. dollars) in operating expenses over the next three years.
July04,2019
China's Alipay extends its footprint in online services into Thailand
The Tourism Authority of Thailand(TAT) and China's giant mobile payment platform Alipay on Monday signed a letter of intent (LOI) to create additional online services to facilitate Chinese tourist travels in Thailand.
May28,2019
Alipay speeds up going-global, boosting B&R connectivity for digital finance
With the accelerating “going-global” of Alipay, China’s leading mobile payment service provider, connectivity for digital finance in countries along the Belt and Road is visibly strengthened, better serving consumer needs and driving economic development in related regions.
May14,2019
More than 300,000 merchants in Japan adopt Alipay: Ant Financial chairman
More than 300,000 merchants in Japan have so far adopted Alipay, the mobile and online payment platform operated by Ant Financial Services Group (Ant Financial), Alibaba's financial arm, Eric Jing, chairman and CEO of Ant Financial said on Monday at a forum in Tokyo.
May14,2019
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