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Bank to e-wallet instant fund transfers to launch in Hong Kong

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 Insights

10-Jan-18 A fast and easy payment system linking major banks and electronic payment platforms will be available in Hong Kong in September 2018. A pilot scheme is also in the works to allow people to pay government bills using their electronic-wallets. [image: Dickson Lee / SCMP]

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China UnionPay secures deal to grow Mobile QuickPass outside the mainland

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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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India's Supreme Court puts a hole in mobile wallet plans

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15-Dec-17 The Indian Supreme Court’s decision to push Aadhaar's linking of bank accounts and telecom services indefinitely is a setback for mobile wallet companies such as Paytm and MobiKwik that are trying to complete Know-Your-Customer verification. [image: ET Healthworld]

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