... , such as Alipay or WeChat payment has been blooming for a long time in China, it is also getting popular in Hong Kong. So what is the difference between the two? And what is the difference between CB ...More
EJ Insight2017-05-18
... t gateway Alipay: offer an old lady the same power as that held by, say, the chief executive of Industrial and Commercial Bank of China, in making payments with the press of a few buttons. In other co ...More
EJ Insight2017-04-25
... s such as Alipay or WeChat. But for sellers, they would get digital payments directly from the buyer, lowering transaction costs as the middleman is cut out of the process, the report said. As the cen ...More
EJ Insight2017-02-24
... l put its Alipay mobile-payment system in Bailian's stores, helping it expand its influence in China's online-payment race. Bailian, meanwhile, can use access to Alibaba's technology, including its we ...More
EJ Insight2017-02-21
... biquitous AliPay and WeChat payment, from chain stores to roadside stalls. You feel you are living in the Stone Age in Hong Kong when local retailers still hand out stamp-sized paper coupons on the pr ...More
EJ Insight2017-02-20
... a Group’s Alipay and Tencent’s WeChat Pay to settle small payments. Just when HSBC, with over four million account holders in Hong Kong alone, took such a long time to invent something that can be com ...More
EJ Insight2017-02-09
... ao World, Alipay and Tmall -- are able to collect and file sensitive information on users, such as their mobile handset identity numbers, activities and location data. Thie information, which is route ...More
EJ Insight2016-12-12
Ant Financial Services Group, the financial affiliate of e-commerce giant Alibaba Group, has rolled out a new social networking feature called "Circles" on its flagship Alipay app. Following the launc ...More
EJ Insight2016-11-30
... nancial’s Alipay mobile-payments application at home. By distributing its technology platform to retailers worldwide, Ant is laying the groundwork for what could eventually be a challenge to Visa Inc. ...More
EJ Insight2016-11-01
... platform, Alipay. After Alibaba launched its money market fund, Yu’e Bao, in June 2013, it began reinvesting its Alipay customers’ unproductive micro-deposits. By the end of 2015, the Yu’e Bao fund ma ...More
EJ Insight2016-10-14
... services, Alipay held 47.5 percent of the market while Tenpay captured 20 percent, and UnionPay, the only service developed by the banking community, had 10.9 percent. As a result, SOEs, which have lo ...More
EJ Insight2016-08-29
... settings. Alipay, which is often referred to as Paypal with Chinese characteristics, handles internet transactions as a third-party guarantor, and deals with finance and investment. Alipay can be desc ...More
EJ Insight2016-08-26
... t China’s Alipay deftly requested its partners to boycott the US rival, which explains Apple Pay’s still low penetration north of the border. Discounts, offers and bugs Supposedly, it’s a breeze to se ...More
EJ Insight2016-07-21
... to allow Alipay's more than 450 million customers to use its digital-payments app while traveling internationally. "Ant Financial is dedicated to promote inclusive financial services in China and bey ...More
EJ Insight2016-06-20
... lets like Alipay's account for 58 percent of e-commerce purchases. With 63 percent of e-transactions in the Asia-Pacific set to be via non-card methods by 2019, it’s no surprise that the rise of insta ...More
EJ Insight2016-05-18
... hose with Alipay, must now be linked with an account at a mainland bank. There are more than 1.4 million users of the Taobao e-commerce site in Hong Kong, and most of them don't have bank accounts in ...More
EJ Insight2016-05-17
... Group and Alipay (Hong Kong) Investment, which is part of Alibaba Group Holding Ltd.'s Ant Financial Services Group. The share offering is set to be priced on March 21, with a debut on the Hong Kong s ...More
EJ Insight2016-03-14
... ng Ltd.’s Alipay payments service spent as much as 800 million yuan (US$122 million) sending red packets to viewers of mainland China's widely televised Spring Festival Gala. Internet has increasingly ...More
EJ Insight2016-03-02
