Red Envelopes news and trends

WeChat Pushes Digital Payments (Red) Envelope 903 Percent
Merchant Innovation // February 16, 2016

China is seeing a massive shift towards digital payments, with more consumers opting to send money digitally instead of stuffing cash in red envelopes. Since the introduction of digital red envelopes, the market has reportedly seen 903 percent year-over-year growth, as most consumers give up...

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WeChat Pushes Digital Payments (Red) Envelope 903 Percent

February 16, 2016
China is seeing a massive shift towards digital payments, with more consumers opting to send money digitally instead of stuffing cash in red envelopes. Since the introduction of digital red envelopes, the market has reportedly seen 903 percent year-over-year growth, as most consumers give up the traditional style for speed and convenience. This year, the […]