Mozido announced today (Oct. 26) the launch of a payments solution aimed at streamlining cross-border trade between the U.S. and China. And as part of the rollout of the Mozido PayEase Payment Gateway Platform, a new website has been established to guide U.S. merchants through the...
Addressing the crowd at the Sanford Bernstein Conference yesterday (May 27), Visa CEO Charlie Scharf shared some insight into the two regions of the world that the payments industry has been focused on when it comes to regulatory matters: China and Europe. Specifically in his comments, Scharf started out...
Apple’s attempts to bring Apple Pay to China have hit a few bumps in the road. “Apple is seeking to cooperate with Chinese financial institutions” including banks for the use of Apple Pay, a People’s Bank of China (PBOC) official said. However, because Apple has not...
The relative dominance of the QR code in the Chinese mobile payments market may be coming to an end, are at least facing its first serious challenger, as a new player rolls into town—Apple Pay. In the wake of the announcement of its NFC-based payment...
December 09, 2016
The Monetary Authority of Macau is making a move to cut the amount of cash China UnionPay cardholders can withdraw from ATM machines in half within the world’s largest gambling market, South China Morning Post reported. The daily withdrawal limit will be lowered from 10,000 patacas currently to 5,000 patacas ($626.49) and is expected to […]
May 28, 2015
Addressing the crowd at the Sanford Bernstein Conference yesterday (May 27), Visa CEO Charlie Scharf shared some insight into the two regions of the world that the payments industry has been focused...
February 17, 2015
Apple’s attempts to bring Apple Pay to China have hit a few bumps in the road. “Apple is seeking to cooperate with Chinese financial institutions” including banks for the use...
September 12, 2014
The relative dominance of the QR code in the Chinese mobile payments market may be coming to an end, are at least facing its first serious challenger, as a new...
