China Union Pay, the nation’s government back credit card issuer, is offering a new service that will allow card holders to pay via QR codes scanned on their mobile device. The new system will work online and offline, and the company is reportedly now in...
Payments processor i2c announced the opening of its new Singapore office yesterday to further grow the market for prepaid and mobile services in the Asia Pacific location, according to a company release. The new office will include product, client services, and business development staff.
Visa and MasterCard are trying to find new ways to work around Chinese regulation that prevent the foreign card companies from processing yuan transactions. While Chinese consumers can use foreign cards, currently they are allowed to do so for the clearance of foreign currency, as...
Proving that there is more than one tech giant on the Chinese stage, Tencent Holdings Ltd., has announced that it will purchase roughly 20 percent of 58.com Inc., for approximately $736 million. 58.com is China’s answer to Craigslist. Get the Full Story Complete the form to...
North American-based First Global Data has formed a JV with the Chennai-based teleshopping venture RP Telebuy to deploy an m-payment and digital wallet in India. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
China UnionPay and the Australia Post signed a partnership for which the bank will start accepting CUP’s 4.2 Bn cards in circulation and promote additional products in the future. Auspost has 4.4k urban and 2.6k rural establishments making it the largest retail and banking network...
Joining international taxi drivers on the list of things that are likely giving the executive team at the ride-sharing behemoth Uber a headache this morning is the announcement that Yongche is eyeing international expansion Get the Full Story Complete the form to unlock this article and...
Bangalore based Ezetap Mobile Solutions, which was founded in 2011, was chosen by State Bank of India, the largest public sector bank, to launch a 5-year 500k m-POS deployment. The start-up was chosen given it has a price tag of less than USD 50 and...
Alibaba – the Chinese e-commerce mega-retailer that is preparing for an IPO widely forecasted to be one of the biggest money makers in the history of international commerce –has just dipped its first toe into selling directly to U.S. consumers with the launch of 11...
