Chinese consumers are planning to celebrate the Chinese New Year by traveling outside of the country, prompting UnionPay to expand its acceptance footprint. In a press release, the payments company – citing a recent report from Ctrip.com covering travel plans for the Chinese New Year,...
Google Pay, a digital wallet and payment platform, has added about 30 new U.S. credit unions and banking institutions to its platform this month, according to a report. The list of banks added to the list has been growing recently, including international ones as well....
With a new commerce deal for the soccer world, Ant Financial’s Alipay has partnered with Europe’s UEFA to bring its platform to events sanctioned by the organization’s men’s national team. Terms of the arrangement, which is said to have a duration of eight years, were not made...
Paytm is ready to take on its rivals in India by expanding its services and relying on its regional expertise. “The fight is no more about one company, it is about ecosystem players,” Vijay Shekhar Sharma, founder of Paytm’s parent One97 Communications, told Reuters. “If...
February 26, 2018
Most of the world doesn’t think much about flipping on the lights. In fact, one favored metaphor for describing something easy is comparing it to “flipping a switch.” But for 1.1 billion people worldwide, turning on the lights is anything but “flip a switch” easy, Kiki Del Valle, SVP of Commerce for Every Device for Mastercard, told Karen Webster […]
September 04, 2017
Where in the world is Alipay? At this point, pretty much everywhere Chinese tourists might want to go, with most of Europe and North America now supported and South America...
August 17, 2017
It’s been said that change is the only constant in, well, you name it. The aphorism holds especially true for payments, an industry in which technology shapes the way payments happen...
August 09, 2017
UnionPay is facing an increasingly competitive and complicated world these days. Some question whether the card-payment network operator will be able to overcome the struggle to “remain relevant” in a market that is quickly...
January 25, 2019
To help friends and roommates manage money, the French startup Lydia is letting users of its payment app share sub-accounts. They can also make a virtual card to use with digital wallets such as Google Pay, Apple Pay or Samsung Pay, according to reports. Lydia Co-founder and CEO Cyril Chiche said, according to reports, “I use […]
January 21, 2019
Chinese consumers are planning to celebrate the Chinese New Year by traveling outside of the country, prompting UnionPay to expand its acceptance footprint. In a press release, the payments company...
December 07, 2018
Google Pay, a digital wallet and payment platform, has added about 30 new U.S. credit unions and banking institutions to its platform this month, according to a report. The list...
November 09, 2018
With a new commerce deal for the soccer world, Ant Financial’s Alipay has partnered with Europe’s UEFA to bring its platform to events sanctioned by the organization’s men’s national team. Terms of...