International

International
IndiaQR Now Live As Government Pushes Forward With Cashless Society Efforts
February 21, 2017

IndiaQR, a government-backed QR code payment service, is now available in India as of Monday (Feb. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

International
Ant Financial Jumps Into S. Korea With $200M Investment In Kakao Pay
February 21, 2017

Alibaba affiliate Ant Financial has made its latest aggressive international push this week — with a $200 million investment into a fintech project belonging to Kakao, the $5 billion firm that runs Korea’s dominant messaging service. Get the Full Story Complete the form to unlock...

South East Asia
Alibaba Doubles Down On Brick-And-Mortar Push With Bailian Deal
February 20, 2017

China’s Alibaba Group Holding has announced a strategic alliance with the Bailian Group — China’s  largest retailer by store numbers — to join the e-commerce giant’s drive to use big data to improve and profit from brick-and-mortar sales. Get the Full Story Complete the form...

International
India’s Cash Ban Hurting Rural Areas
February 17, 2017

The decision to make the economy in India less dependent on cash led to a temporary cash shortage that slowed the economy and forced thousands of people to gather outside of banks in an effort to get money to pay for food and wages. Get...

International
Tech Center: Leeds Capitalizes On Its FinTech Growth
February 17, 2017

London isn’t the U.K.’s only FinTech powerhouse. Tucked away in northern England, Leeds is using its fast-growing FinTech sector as a springboard to gain recognition as a global tech center. In this week’s Tech Center tracker, Sean Mallon, CEO of Bizdaq, joined PYMNTS to discuss...

International
Bollywood Takes Up Cause Of Moving Away From Cash In India
February 14, 2017

Bollywood’s stars are joining forces for a cause in India: getting wealthy citizens to forgo the use of cash. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

International
Violent Crime In Brazil Pushes Uber To Rethink Cash Strategy
February 14, 2017

Modolo Filho was the first Uber driver to be murdered in Brazil — by two “teenagers” who had called for a ride to be paid in cash who went on to rob and stab him to death. Since his murder, police have confirmed at least six...

Starbucks Continues Its Expansion Into China With WeChat Promotion
February 13, 2017

Good news for caffeine lovers in China: Starbucks has introduced coffee gifting via WeChat, the country’s top messaging app. The feature arrives just in time for Valentine’s Day, and the promotion’s name — “Say it with Starbucks” — is even a play on words since...

International
Mint Payments Completes $6M Placement For Southeast Asia Expansion
February 13, 2017

Mint Payments on Friday (Feb. 10) announced it completed a placement of new shares, which it is using to expand in South East Asia’s payments market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...