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Insights
12-Mar-18 Despite the increased use of electronic payments around the world, there is “scant evidence” of a shift away from cash, according to the latest quarterly review from the Bank for International Settlements - the 'central bank of central banks'. [image: istock / news.com.au]
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Insights
09-Mar-18 Hong Kong's Octopus tries to win e-wallet users with HKD8 lobsters, as rivals Alipay and WeChat Pay compete by offering everything from free taxis to discounts at food retailers. [image: Campaign]
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Insights
09-Mar-18 A study by Alipay found 65% of Chinese tourists used mobile payments overseas in 2017, compared to 11% among non-Chinese. 91% of Chinese tourists would be more willing to spend if merchants accepted mobile payments. [image: ASAP]
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Insights
08-Mar-18 A consortium of 61 Japanese banks partnered with the payment firm Ripple to offer a mobile app, Money Tap, that enables customers to make domestic payments instantly using a bank account, phone number or QR code. [image: RTT News]
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Insights
08-Mar-18 Mobile payments are far less common in Hong Kong than in China, but Hong Kong is catching up. WeChat Pay claimed a 44% increase in users in Feb-18 alone, following promotions including red packets for registered users. [image: iStock / Asia Times]
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