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Tuesday, November 24, 2020
Tags Mobile payments

Tag: Mobile payments

AliPay and Tencent Hop Aboard Chinese Public Transit

Following fierce competition in the convenience store, supermarket, taxi and ride-sharing sectors, China's leading online and mobile payment providers are vying for a slice...

Mobile Payments Beat Online Payments in China for the First Time Last Year

Mobile payments beat online payments in terms of total transaction volume for the first time ever in 2016. At the launch of the latest "China Payments...

Chinese Fintech Firms Beating Banks in Mobile Payments

The mobile payments sector is enjoying flourishing growth in China, with non-bank fintech players beating out the established bricks and mortar banks. The latest "China...

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Competitiveness of Banks Will Lie in “Data + Algorithms” in Future: Agricultural Bank of China

A senior official from one of China's big six state-owned banks has highlighted the critical role that fintech will play in shoring...

Chinese Banks Are “Quenching Their Thirst with Poison” by Selling Depository Products via Online Finance Platforms: PBOC Official

Chinese regulators have turned their attention to the use of online lending platforms by smaller banks to draw funds from retail customers...

Digital Renminbi Will Reshape Banking and Payments Sectors, Enhance Monetary Policy and Economic Adjustments: Chinese Think Tank Experts

Experts from the Chinese Academy of Social Sciences (CASS) and the National Institution for Finance & Development (NIFD) see the digital renminbi...

JDD and Tencent Hail Digitisation as Key Driver of Chinese Economy Post COVID-19

China's online tech giants point to digital transformation as a primary driver of economic growth and recovery in the wake of the...