Insights
11-Jul-18 Tencent Holdings' WeChat Pay said it will not seek to offer more local payment wallets to overseas customers over the next three years and will remain focused on serving outbound Chinese tourists better in popular overseas destinations. [image: SCMP]
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29-Jun-18 One of the largest Asian supermarket chains in the United States, New York-based 99 Ranch Market, will soon begin accepting mobile payments via Alipay, a third-party mobile and online payment platform developed and owned by China-based Ant Financial. [image: Progressive Grocer]
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28-Jun-18 Japanese chat app operator Line unveiled a new service aimed at spreading mobile payment across Japan, in the most potent challenge yet by a Japanese operator to the dominant Chinese mobile payment platform, Alipay. [image: Keiichiro Sato / Nikkei Asian Review]
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Insights
28-Jun-18 In China, everybody was still using cash. In 2016, China's mobile payments reached USD5.5 tn, roughly 50 times America's market. Mobile payments - mainly via WeChat - are now a default way of life. [image: Pulse LinkedIn]
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26-Jun-18 The Grab ride-hailing app has added Malaysia as the second market outside Singapore headquarters where customers may use the app for other purposes, such as making payments, earning rewards and transferring funds to other Grab users. [image: Ecommerce Daily News]
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