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Insights
28-Feb-18 China's mobile payment apps are expanding their global presence. Wechat processes transactions in 13 currencies and Alipay supports 27 currencies; consumers in 24 countries recieve tax refunds through Alipay; and Alibaba has partnered with India's PayTM since 2015. [image: China Plus]
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Insights
28-Feb-18 Indian digital payment company, Paytm has agreed to a strategic partnership with Singapore Tourism Board. Paytm's platform will feature a microsite with Singapore's latest 'Passion Made Possible' branded content. [image: STB]
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Insights
28-Feb-18 According to China Post, a total of 40 bn express packages were delivered in 2017 in China (more than 40% of the total packages around the world), and 68% of the packages came from e-commerce businesses. [image: Reuters / Thomas Peter]
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Insights
27-Feb-18 Visa Korea and payments company BC Card are in a dispute over commission charges for the usage of overseas payment networks, resulting in BC Card using alternatitve networks, including UnionPay of China and Star Network of the US. [image: Business Korea]
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Insights
27-Feb-18 SRumours are circulating that Alibaba is planning to acquire one of China's major online food delivery platforms Ele.me, as part of its new retail strategy, in a deal reportedly worth about USD9.5 bn. [image: Wikimedia Commons]
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