According to a new consumer study, there are particularly strong reservations about paying by mobile phone in Germany. According to the survey of 2,500 residents of 10 European countries, at the end of last year only 5 percent of German consumers used their smartphone for making payments.

October18,2019

China's mobile payments continued rapid growth in the first quarter, central bank data showed.

July08,2019

Shanghai, Hangzhou and Beijing were the top three Chinese cities seeing the strongest development in mobile payment in 2018, a recent report showed.

May13,2019

Mobile payment is gaining steam in China's rural areas, strengthening its dominant position in online payment in rural areas, according to the country's central bank.

April08,2019

Digital payment platforms such as WeChat Pay of China's tech giant Tencent will help prepare Malaysia for the digitization and cashless payment society, Malaysian Finance Minister Lim Guan Eng said Tuesday.

March27,2019

About 583 million people used mobile payment in China in 2018, up 10.7 percent over 2017, according to a report from the China Internet Network Information Center (CNNIC).

March04,2019

A week ahead of Chinese New Year, many Chinese are busy collecting red envelopes, not from their relatives or friends but from deep-pocketed tech firms.

January30,2019

China's internet giant Tencent will partner with Japan's chat app operator Line to provide mobile payment services for small Japanese retailers, Nikkei business daily reported, sending the latter's share up 13 percent on Tuesday.

November28,2018

China’s tech giant Tencent and Unionpay jointly launched two-way cross-border payment service to facilitate Hong Kong resident’s travel and consumption in mainland China, according to official announcement from Tencent.

September27,2018

The Hong Kong Monetary Authority (HKMA) announced on September 17 the launch of Faster Payment System (FPS) that accepts Hong Kong Dollar (HKD) and renminbi (RMB) and operates on a round-the-clock basis.

September20,2018

China's mobile payments continued fast growth in the second quarter of 2018, the central bank data showed.

August27,2018

Bank of China has recently signed a strategic cooperation agreement about mobile payment with China UnionPay.

August17,2018

China saw fast expansion in the number of mobile payment users last year, reaching 527 million at the end of 2017, according to an internet industry report.

July20,2018

In the first quarter, the national payment system operated steadily, with the scale of social capital transactions continuing to expand and the amount of payment services rising steadily, according to the statistics released by the People's Bank of China.

May25,2018

China's mobile payment posted robust growth last year and is gradually replacing generally PC-based online payment, a report showed Thursday.

April27,2018

China's third-party mobile payment market expanded 27.9 percent quarter on quarter in the fourth quarter of last year, according to market research firm Analysys International.

April03,2018

China's third-party payment companies may face intensified competition as regulators step up oversight of the industry to prevent financial risks.

March22,2018

China's central bank on Wednesday laid out the rules for foreign-invested payment firms over market access and supervision, in a bid to open up its payment service market and encourage competition.

March22,2018

A major Chinese digital financial services company on Tuesday invested 184.5 million U.S. dollars to a mobile payment services Easypaisa in Pakistan to help boost the country's mobile payment and digital financial services.

March14,2018