Chinese Payments news and trends

Chenault Says Banks Blew It When They Let Card Networks IPO
Payment Methods // December 06, 2017

During his last investor conference as head of American Express, Ken Chenault warned that a mistake many lenders made a decade ago could leave them on the sidelines of the payments industry. According to a Bloomberg news report, Chenault spoke on Tuesday (Dec. 5) about...

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Alipay Consumers Pay At POS In Canada

March 06, 2018
Alipay, the payment affiliate of Alibaba, is reportedly reaping the rewards of its partnership with Motion Pay Technology, the payment company in Canada. According to a report in Mobile Payments Today, as a result of the deal, Motion Pay Technology enables Alipay as an in-store payment method for a large number of merchants across the […]

Chenault Says Banks Blew It When They Let Card Networks IPO

December 06, 2017
During his last investor conference as head of American Express, Ken Chenault warned that a mistake many lenders made a decade ago could leave them on the sidelines of the...