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AliPay grows overseas with China outbound tourism

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 Insights

21-Jan-19 As Chinese consumers increasingly vacation overseas, their mobile-payment apps are following them, and offering a new way for merchants to attract customers. More than half of businesses saw an increase in foot traffic and transaction size after adopting Alipay. [image: Nielsen / Alizila]

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GGM invited to speak on payments at the CPI Middle East & Africa Symposium in Dubai

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 Events

GGM's head of Financial & Business Services, Tom MacDonald, has been invited to speak about payment market trends in the Middle East at the Commercial Payments International Middle East & Africa Symposium in Dubai on 6-Nov-18. Tom will use GGM's proprietary payments market data to compare the Middle East with other world regions, and identify opportunities and threats throughout the payment ecosystem. [Image: Commercial Payments International]

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Lippo tycoon makes mark in Indonesian e-payments

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 Insights

07-Sep-18 Ovo payments, Lippo's e-money solution, can be used at 200 malls and 5,000 restaurants in Indonesia. The operator says it is the no.1 player in an Indonesian e-payments market that grew 434% in the first half of 2018. [image: Jun Suzuki]

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Bezos, Buffett bet on a USD250 bn Internet market in India

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 Insights

30-Aug-18 Walmart wraps a USD16 bn agreement on India's leading e-commerce player, Flipkart, while Amazon negotiates deals with a supermarket chain and a prominent retail conglomerate. Meanwhile Berkshire Hathaway has agreed to acquire a stake in digital payment leader Paytm. [image: Bloomberg]

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