Friday, October 30, 2020
Tags Chinese mobile payments

Tag: Chinese mobile payments

ATM Numbers Plunge by 40,000 in China as COVID-19 Spurs Digital Payments and Online Banking Adoption

The presence of Automatic Teller Machines (ATM's) in China has drastically fallen in the wake of the widespread use of digital banking...

Chinese Central Bank Releases 2nd Quarter Payments System Report

The People's Bank of China (PBOC) has just released its second quarter report on the state of the Chinese payments system.

Have Digital Payments Driven a Plunge in Robbery Cases in China?

China has seen a plunge in its robbery levels over the past decade which has coincided with a surge in the use...

Chinese Central Bank Calls for Expansion of Mobile Phone Number Payments

The Shanghai office of the People's Bank of China (PBOC) has called for the increased use of mobile phone numbers for payments...

Chinese Consumers Make Use of Mobile Payments Three Times Per Day on Average: UnionPay Survey

China UnionPay has just released a new survey on the state of mobile payments security in 2019.

PBOC’s Shanghai Office Issues New Directive on Financial Development in Yangtze River Delta

The People's Bank of China (PBOC) has issued a new directive via its Shanghai office for spurring the development of the financial...

China UnionPay’s QR Codes Officially Endorsed by Japan for Mobile Payments Purposes

China UnionPay's QR codes have become the one of the first mobile payments platforms to be endorsed by Japan via inclusion in...

Beijing Calls for Increased Use of Mobile Payments During Coronavirus Outbreak

The Chinese central government has issued a call for the increased use of mobile payments methods during efforts to combat the spread...

China’s Mobile Payments Market Grows Over 15% in Q3 2019, Alipay’s Market Share Exceed Half

A new report points to strong growth in China's mobile payments market, as well as the ongoing dominance of Ant Financial's Alipay...

70% of Chinese Mobile Payments Users Use Mobile Payments on a Daily Basis

A new report indicates that the majority of Chinese mobile payments users use their phones for payments purposes on a daily basis....

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Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...