Tuesday, October 27, 2020
Tags Chinese cashless payments

Tag: Chinese cashless payments

Banking

Digital Cashless Payments in China Grew 48% in 2018: Bank for International Settlements

CBNEditor - 0
Data from the Bank for International Settlements (BIS) indicates that cashless payments in China are continuing to see robust growth.
Read more
Banking

Chinese Central Bank Calls for Digital Currency R&D, Will Combat Refusal to Accept Cash

CBNEditor - 0
The People's Bank of China (PBOC) says it is driving further research and development of digital currencies, while also calling for measures...
Read more
Banking

PBOC Issues First Ever Penalty for Refusal to Accept Cash Payment

CBNEditor - 0
As the cashless revolution sweeps China's consumer market, the Chinese central bank has started to issue fines to businesses that refuse to accept cash...
Read more
Banking

Consumer Complaints over Cashless Payments Prompt Central Bank Intervention

CBNEditor - 0
Widespread complaint over the increasing number of Chinese businesses that refuse to accept payments in cash has prompted intervention on the part of the...
Read more

Most Read

Industrial IoT Financing the Next “Blue Ocean” for Chinese Fintech: Huang Qifan

Fintech CBNEditor - 0
The former mayor of Chongqing municipality Huang Qifan (黄奇帆) expects Industrial Internet of Things (IIoT) financing to be the next major area...
Read more

Legal Changes Expand Power of Chinese Central Bank, Confer Official Recognition to Digital Renminbi

Economy CBNEditor - 0
Proposed amendments to the law governing the Chinese central bank are expected to confer it with greater sway and authority within China's...
Read more

Jack Ma Calls for Replacing “Pawnshop Mentality” of Traditional Banks with Big Data-based Credit System

Fintech CBNEditor - 0
Alibaba-founder Jack Ma has decried the collateral focus of traditional banks in the Chinese financial system, calling instead for the use of...
Read more

Digital Lender XWBank Sees Q3 Profits Rise 32%

Banking CBNEditor - 0
Sichuan-based direct lender XWBank has seen a sharp on-quarter rise in its profits in the third quarter of 2020, as China makes...
Read more

ABOUT US

China Banking News covers all the latest news and development in the Chinese finance and fintech sectors.

Contact us: [email protected]

FOLLOW US