... t Pay HK, Alipay HK, Tap and Go as well as taxi booking smartphone apps such as HKTaxi and Didi Chuxing are doing their bit to encourage cabbies to accept credit cards or mobile wallet payments to set ...More
EJ Insight2018-05-02
... specially Alipay and WeChat. Besides, many drivers still prefer payment in cash as they believe they would get to make more money in tips. There is a belief among drivers that passengers would skip ti ...More
EJ Insight2018-04-23
... No wonder Alipay has built a significant presence in Japan's retail shops in major tourist areas in the past year. In February, Hong Kong visitors to Japan stood at 178,500, up nearly 27 percent over ...More
EJ Insight2018-04-12
... ba set up Alipay in 2004, modeling the business on PayPal, to help Chinese buyers shop online, and in 2011 controversially spun it off and rebranded the payment processor into Ant Financial three year ...More
EJ Insight2018-04-11
... l role as Alipay chief executive and helped lay the foundation of Ant Financial. Peng also played a key role in resolving Alibaba’s knock-off crisis in 2014. Like most women with a successful career, ...More
EJ Insight2018-04-11
... Alibaba’s Alipay held about 54.3 percent of the mobile payments market, while Tencent’s WeChat Pay cornered 38.2 percent. But Tencent is fast catching up and could very well surpass Alibaba's market s ...More
EJ Insight2018-04-03
... WeChat or AliPay, said Christian Grewell, a professor of business and interactive media arts at NYU Shanghai who has lectured extensively on cryptocurrencies and blockchain technology. AliPay is China ...More
EJ Insight2018-04-03
... Alibaba’s Alipay. Chinese regulators are bent on safeguarding financial security and preventing monopoly, and as such, Tencent and Alibaba simply can’t say no to the consolidation. The arrangement mea ...More
EJ Insight2018-03-28
... affiliate Alipay and Tencent unit WeChat Pay have begun to aggressively roll out mobile payment services in Hong Kong, luring customers in sectors such as catering and retail as well as transport. Ta ...More
EJ Insight2018-03-06
Alipay and WeChat Pay, China's big two mobile payment giants, both entered the Hong Kong market last year, triggering a mobile payment war among major operators. To fend off the competition, local e-p ...More
EJ Insight2018-02-21
... b with an Alipay system. It was not an easy thing to use for a first-timer like me. It took us about 10 minutes to sort out how to pay using a mobile system. My worry was that I might press a button ...More
EJ Insight2018-02-20
Apple Inc.’s brick-and-mortar retail stores in mainland China will now accept payments through mobile payment app Alipay, the first third-party mobile payment system to be accepted at any physical App ...More
EJ Insight2018-02-07
... jump into Alipay and WeChat Pay. Q: What about blockchain? It is believed that it has the potential to reduce, and possibly eliminate the role of banks in the intermediary and transaction settlement. ...More
EJ Insight2018-02-07
As dominant operators in China such as Alipay and WeChat Pay gear up to penetrate the lucrative Hong Kong mobile payment market, the scope of mobile payments, as well as fintech industry in general, i ...More
EJ Insight2018-02-02
... platform Alipay, since founder Jack Ma spun out the business in 2011, Bloomberg said. Ant Financial has had a series of setbacks recently. Its move to expand into the United States by acquiring Money ...More
EJ Insight2018-02-02
... t Pay and Alipay have already migrated to more profitable financial services from retail payment businesses. Hong Kong, on the other hand, seems to be lagging behind as its finance sector continues to ...More
EJ Insight2018-01-23
... he use of Alipay's mobile wallet and payment service in the city, with Alipay becoming a payment option within OpenRice’s mobile application. Leveraging on OpenRice’s platform, more local restaurants ...More
EJ Insight2018-01-18
