Thursday, January 21, 2021
Tags Chinese mobile payments

Tag: Chinese mobile payments

Nearly 3/4 of Chinese Mobile Payments Customers Were Daily Users in 2020

A new report from the peak body for China's payments sector indicates that nearly three quarters of Chinese mobile payments users made...

SPD Bank Issues New Mobile Payments Card for Overseas Tourists

Regional lender the Shanghai Pudong Development Bank (SPD Bank) hopes to make the use of mobile payments in China more convenient for...

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...

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KPMG Releases List of China’s Top 50 Fintech Companies in 2020

Accounting giant KPMG has just released its latest list of the leading fintech companies in China.

China’s State-owned Enterprises to Pursue Greater International Cooperation Post-COVID-19

The State Assets Supervision and Administration Commission (SASAC) hopes to expedite the expansion of Chinese state-owned enterprises (SOE's) into cooperative projects in...

Beijing Aims for Internet of Things Security Standards by 2022

The Chinese central government says it will drive the creation of security standards for Internet of Things (IoT) technology in China over...

TikTok’s Chinese Counterpart Confirms Addition of Online Payments Function

Douyin, the Chinese counterpart to social media giant TikTok, has confirmed that it is now capable of providing payments functions following the...