Tagged: wechat pay

BBVA Partners With Dufry Launches First WeChat Facilities in Spain at Adolfo Suarez Madrid-Barajas Airport

BBVA announced on Monday it has teamed up with Dufry to launched the first WeChat Pay facilities in Spain in travel retail operator’s World Duty Free stores at the Adolfo Suarez Madrid-Barajas airport. According to BBVA, the move is a “hugely significant shift” within the… Read More

RiverPay Now Enabling Alipay & WeChat Pay Transactions at Brooks Brothers Brand Stores

Integrated payments and marketing platform RiverPay Inc. announced on Wednesday it recently began facilitating payments through Alipay and WeChat Pay, two mobile payment platforms most favored by Chinese consumers, at Brooks Brothers brand stores in key North American travel destinations, including the brand’s flagship store… Read More

China: WeiyangX Fintech Review

HKEX Will Introduce Blockchain and AI to Increase Automation HKEX will announce its three-year strategic plan for 2019-2021 early next year. Charles Li, chief executive of HKEX, said that there were still many business procedures in HKEX relying on manpower. In the future, HKEX will… Read More

China: WeiyangX Fintech Review

Financial Authorities Ban STOs in Beijing On December 1st, at the 2018 Global Wealth Management Forum, Huo Xuewen, director of the Beijing Municipal Bureau of Financial Work, warned that STO activities in Beijing would be seen as illegal. He said: “A new concept called STO… Read More

Russian Online Payments Platform Yandex.Checkout Announces Integration With WeChat Pay

Yandex.Checkout, an online payments service based in Russia, announced on Thursday it has integrated with WeChat Pay. According to Yandex.Checkout, the new feature will notably be well suited for merchants who are working with Chinese tourists in Russia or looking for an opportunity to start… Read More

Payment Service Partner SafeCharge Teams Up With World Duty Free to Offer WeChat Pay At London Heathrow Airport For Chinese Travelers

UK-based payment service partner SafeCharge announced on Thursday it has teamed up with World Duty Free at London Heathrow Airport, enabling Chinese travelers to conveniently pay for their goods using WeChat Pay. World Duty Free now reportedly relies on SafeCharge’s new mobile POS application, which… Read More

Mobile Payment Specialist CANCAN Partners With WorldFirst to Launch Alipay & WeChat Payments Across Europe

Mobile payments specialist CANCAN announced on Monday it has teamed up with international payments specialist WorldFirst to launch payments and marketing platform that enables Chinese payments methods Alipay and WeChat Pay across Europe. Founded in 2015, CANCAN enables payments and promotions globally through its omnichannel platform,… Read More

China: WeiyangX Fintech Review

51 CreditCard (u51.com) is Planning to List in Hong Kong in 2018 51 CreditCard (u51.com), a leading online platform for credit card bill management, is reported to be listed on Hong Kong Exchanges and Clearing Limited (HKEX) in 2018, aiming to raise at least 500… Read More

China: WeiyangX Fintech Review

CreditEase Fintech Investment Fund is Making a New Investment. Guess Who the Fund is Interested in?  Last week (September 18th -24th), CreditEase Fintech Investment Fund, a venture committed to investing growth-stage Fintech startups in China and globally, announced a new round of investment to three… Read More

dLocal Adds WeChat Pay, AliPay & Union Pay To Portfolio of Emerging Market Payments

dLocal, a fintech company specializing in cross-border payments for emerging markets, announced on Monday it has integrated WeChat Pay, AliPay, and UnionPay to its payment platform. According to dLocal, the three providers have collectively captured over 70 percent of the Chinese market, which notably translated into 2.9… Read More

Did Know that 80% of Wealth Managers in China Use WeChat?

This is kind of interesting. A report provided by MyPrivateBanking in Switzerland entitled Digital Wealth Management in Asia: Focus on China and India, states that 80% of leading wealth managers in China use WeChat. In India, 40% of leading Indian wealth managers connect clients to advisors through mobile… Read More

China: WeiyangX Fintech Review

WeChat Enters the U.S. Market WeChat Pay, one of the biggest mobile payment platforms in mainland China, has boosted its cross-border business by entering the U.S. market. With the backing of China’s largest social networking app WeChat, which now claims more than 889 million monthly… Read More

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