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12-Nov-18 American Express has been granted preparatory approval from the People’s Bank of China for a clearing and settlement license in mainland China. Amex can begin building a network business to process domestic RMB transactions through its joint-venture in the country. [image: Beyond My Ken / Wikipedia]
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01-Nov-18 Rwanda has become the first African nation to join the Alibaba Group Holding-led electronic world trade platform (EWTP) initiative, following similar initiatives in Southeast Asia as the Chinese e-commerce firm seeks to expand digital trade globally. [image: Xinhua]
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23-Oct-18 Following a strategic partnership between Ant Financial's Alipay and Korean payment system integrator Kakaopay, all taxis in Seoul will accept Alipay from Jan-19. The service will take payment from Chinese visitors via Alipay and locals via Kakaopay. [image: Alipay / Payment Week]
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17-Oct-18 Singapore e-payments provider Nets is in talks with WeChat Pay to allow its users to make mobile payments in China. The partnership would allow NetsPay users to scan QR codes in China and settle purchases in Singapore dollars. [image: South China Morning Post]
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05-Oct-18 ICICI Bank announced a multi-year partnership with Bhubaneswar city, capital of the state of Odisha in India, to launch a Common Payment Card System which will help citizens use a single payment option for multi-purpose city-level usage. [image: OTV]
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