Sunday, January 24, 2021
Tags WeChat

Tag: WeChat

Was Trump Administration’s TikTok Ban Warranted?

TikTok's stateside operations remain unscathed despite the passing of the official deadline set by the Trump administration for the barring of its...

Coronavirus Could Accelerate Launch of Central Bank Digital Currency: Ex-Bank of China Chief

The former head of one of China's big six state-owned banks says the coronavirus could potentially have an impact on the Chinese...

Alipay, WeChat Making Mobile Payments Available to Foreign Tourists in China

Chinese payments giants Alipay and WeChat Pay are adopting measures to make their apps more accessible to visiting foreign nationals in China...

Ant Financial Launches New Mini-Program Unit to Rival WeChat

The world's largest fintech company has announced the launch of a new unit for the development of its own mini-programs. Ant Financial announced on Wednesday...

WeChat Continues to Shut Blockchain and Cryptocurrency Social Media Accounts

WeChat has continued to shut accounts related to blockchain technology according to domestic media reports. Beijing News reports that a four more blockchain-related WeChat accounts...

Do Chinese Payment Apps Pose a Threat to US Banks?

US banks are concerned that the latest developments in China's payment apps sector could undermine key streams of revenue, according to a new report...

PBOC Paves the Way for Paypal to Enter Chinese Market

China's central bank is dialling back restrictions and licensing requirements that prevent overseas payment companies such as Paypal from entering the Chinese market. On 21...

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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.