This week, global luxury brands have seen their stock prices take a sharp hit as reports emerge that a coronavirus with origins in China’s Wuhan region...
Though state-backed China UnionPay currently dominates China’s payment market, Ant Financial Services President Eric Jing says Alipay (and consumers embracing mobile payments) is diverting billions...
Chinese consumers loves their mobile phones. Nearly 90 percent of them have one. And they love mobile payments on those phones, too. Total mobile transactions...
Huawei Technologies, the Chinese handset giant, has been taking steps to push its mobile payment service even further into that country, which means that the...
China UnionPay, the country’s only payment card provider, is working on an Android payment app to join the Apple Pay implementation that UnionPay is expected...
The companies are cutting off in order to save money from royalty fees.