In 2013, Digital River processed more than $30 billion online transactions, giving the company insights into payment and consumer behavior trends and the ability to act quickly on them. The company is hosting an online webinar “The Mobile Age, the Impact in Emerging Markets” to...
Chinese eCommerce giant Alibaba has made another big purchase in its recent investment spree, agreeing to pay $692 million for a roughly 35 percent stake in Chinese department store operator Intime Retail Group. Get the Full Story Complete the form to unlock this article and enjoy...
After a report that China’s central bank had ordered banks and payment companies to close the trading accounts of 10 bitcoins exchanges by April 15, 2014, the price of bitcoins has started declining sharply. Get the Full Story Complete the form to unlock this article...
China appears embedded in a competitive battle between state-run banks and such large Internet companies as Alibaba over control of the nation’s mobile-payments market. Regulators there appear to be moving in the banks’ favor. Not so, apparently, is the case in New Zealand, where new...
China’s major banks reportedly have set transfer caps for online quick payment services, making it more difficult for users to transfer large amounts of money to Internet wealth management, according to the Beijing News. Get the Full Story Complete the form to unlock this article...
For years, there have been efforts to do away with the use of paper cash and checks and replace them with more efficient electronic means of transferring value. And over time, one might think we’d get to an entirely electronic system. Get the Full Story...
2C2P, a payment services provider based in Singapore, has launched a payment solution in Myanmar. 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 daily newsletter,...
Android users in Malaysia, Thailand, Indonesia and the Philippines can now pay for Google Play apps in their native currency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
04 March 2014 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 daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications...