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Insights
12-Jan-18 Indonesian conglomerate Lippo Group will take advantage of its vast customer base of 60 million to strengthen mobile payment services, aiming to unite its customers through a digital wallet app. [image: Nikkei Asian Review]
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Insights
12-Jan-18 Line, the company behind a messaging application of the same name, is stepping up promotion of its Line Pay mobile platform to vendors across Japan, seeking to make it available at 1 million locations by 2020. [image: Nikkei Asian Review]
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Insights
07-Jan-18 The US saw USD112 billion of mobile payments in 2016, while payments in China totaled USD9 trillion. For Alibaba and Tencent the payoff isn’t just the 0.6 percent transaction fee from merchants. It’s also the consumer data collected. [image: Forrester Research / iResearch]
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Insights
02-Jan-18 UnionPay and commercial banks in mainland China recently launched Mobile QuickPass, an e-wallet accepted at 680,000 POS terminals across 16 countries and territories outside mainland China, including Hong Kong, Macau, Taiwan, Singapore, Australia, New Zealand, Canada and Russia. [image: China Internet Watch]
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Insights
28-Jan-18 Riyad Bank has become the first local bank to offer Mastercard's new global digital payment service, 'Digital Enablement Service' in Saudi Arabia. The platform supports the management, generation and provisioning of digital payment credentials into mobile devices. [image: Arab News]
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