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Insights
07-Feb-18 Alipay and Tenpay have each been fined USD95,000 for violating rules when they handle cross-border payment services. The infringements included violating rules of business scope, information reports, and failing to submit risk reports to authorities. [image: IC / Caixin]
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06-Feb-18 Standard Bank has inked a deal with Chinese payment company UnionPay to accept its cards in African markets by the end of 2018. The deal will open China's e-commerce marketplace to the bank's customers in 20 African countries. [image: IT Web Africa]
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16-Jan-18 Apple and Chinese technology giant Tencent Holdings have settled their disgreement over tips, allowing users of Tencent's popular WeChat messaging app to resume giving monetary gifts to their favorite video-streaming stars and content creators. [image: Christian de Looper / Digital Trends]
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15-Jan-18 The use of electronic payments combined with delivery has helped McDonald’s develop a unique growth strategy in China that could serve as a role model for its home market in the United States, say corporate investors in the company. [image: AP / SCMP]
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Insights
11-Jan-18 2017 was another good year for HyperPay, as the company achieved growth of 140 percent. CEO Muhannad Ebwini believes e-commerce will grow dramatically in 2018, especially in Saudi Arabia as authorities allow 24 million debit ATM cards for e-commerce. [image: HyperPay]
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