Singapore is separated from Malaysia by a 1,056-meter (or 0.65-mile) Johor-Singapore Causeway, yet crossing the narrow strip of water separating the city-state of Singapore and its 5.6 million residents from the nation of Malaysia and its 32 million citizens means moving between two entirely different payments universes. Get the Full Story Complete the form...
While Alibaba and its charismatic founder tend to eat up a lot of the Western press when it comes to Chinese eCommerce and its national explosion, Tencent has quietly been growing an ever-larger and more global footprint — and a bigger valuation to go along...
Alibaba is making a big offline commerce play with the announcement that it will invest HK$22.4 billion (USD$2.87 billion) for a major stake in China’s top supermarket operator, Sun Art Retail Group. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The push of U.S.-based credit card companies to finally gain access to the Chinese mainland has hit yet another bump. Reuters reports that the Chinese government is pushing foreign payment card companies to form local joint ventures for onshore operations, said three people familiar with the...
In India, WhatsApp sends messages and Paytm sends money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...
Samsung Electronics vice chairman Jay Y. Lee is looking to appeal the five-year jail term he was recently given for bribery and other charges. Lee was sentenced to five years last Friday. Get the Full Story Complete the form to unlock this article and enjoy...
In late July, PayPal and Baidu captured the world’s attention when they inked a strategic partnership that gives Baidu’s 100 million or so mobile wallet users access to PayPal’s 17 million merchants. Get the Full Story Complete the form to unlock this article and enjoy...
In recent memory, Chinese tourists have become some of the world’s most avid international shoppers. But this summer — though tourists from China will still be hitting American and European cities in record numbers — they won’t be spending quite as much in foreign retail...
Western Union money transfers are coming to gas stations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...
