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WeChat Pay to keep overseas focus on outbound tourism

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 Insights

11-Jul-18 Tencent Holdings' WeChat Pay said it will not seek to offer more local payment wallets to overseas customers over the next three years and will remain focused on serving outbound Chinese tourists better in popular overseas destinations. [image: SCMP]

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American Asian supermarket chain adopts Alipay

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29-Jun-18 One of the largest Asian supermarket chains in the United States, New York-based 99 Ranch Market, will soon begin accepting mobile payments via Alipay, a third-party mobile and online payment platform developed and owned by China-based Ant Financial. [image: Progressive Grocer]

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Seoul Hospital to accept cryptocurrency

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 Insights

05-Jun-18 KMP Health Care Seoul, a hospital that provides outpatient treatment, premium health check-ups, stem cell treatment and cosmetic surgery for Korean and foreign patients, will now provide medical services to customers who pay in cryptocurrency. [image: Business Korea]

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Alternative payment providers position for growth in Indonesia

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 Insights

25-May-18 The prospect of tens of millions of digital payment customers in Indonesia is too much for digital companies and investors to ignore. The likes of SoftBank, Ant Financial, and Didi-Chuxing are injecting billions of dollars to gain a foothold. [image: Global Growth Markets]

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Alternative payment providers position for growth in Indonesia

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 Articles

When it comes to growth opportunities for digital payments, Indonesia is in a league of its own. The prospect of tens of millions of new digital payment customers is too much for digital companies and investors to ignore. Looking at the numbers, it comes down to a combination of three factors telling payment companies that the timing is right, right now, to move into Indonesia: E-commerce growth; the size of the prize; familiarity with everything online.

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