... pete with Alipay and WeChat Pay. Apple is mired in a legal battle with the US government over unlocking an iPhone used by one of the San Bernardino attackers. If it loses, will Apple allow Chinese aut ...More
EJ Insight2016-02-25
... s Group's Alipay, an affiliate of Alibaba Group, currently controls 71.51 percent of the market, while Tencent Holdings' (00700.HK) Tenpay has 14.39 percent. Global tech giant Apple Inc. announced la ...More
EJ Insight2016-02-19
... Alibaba's Alipay Wallet for users of Tencent's WeChat so the two internet giants can both benefit from the party's blessings. Distributing red packets online – as against the traditional face-to-face ...More
EJ Insight2016-02-05
... Jack Ma’s Alipay has not come up with a more creative way of giving lai see remains a mystery. Well, at least it has yet to happen in Hong Kong. Other homegrown players like TnG and Tap & Go (simi ...More
EJ Insight2016-02-03
Surging online shopping transactions provide nourishment to Alibaba’s internet finance business. Starting from the third-party payment system Alipay, the company has extended its financial service bus ...More
EJ Insight2016-01-09
Shoppers can now use Alipay in over 120 Walmart stores in China, and the process takes only about two seconds. The US retail giant aims to make Alipay available in all its mainland outlets by the end ...More
EJ Insight2015-12-23
... Alibaba's Alipay Wallet and Tencent's WeChat Pay are clearly present in the subtext. UnionPay is just the latest big state-run company to feel the heat of private sector competition, which is shaking ...More
EJ Insight2015-12-15
... rough its Alipay electronic payments service that is part of its Ant Financial unit. There's no word as to how much either company will hold in its respective new Internet bank, though I do expect the ...More
EJ Insight2015-12-01
... n through Alipay or Weixin Payment. They don’t need to spend a lot of time in searching for and printing the coupons, and there is also no pressure of an imminent expiry date for the coupons. The merg ...More
EJ Insight2015-10-14
Chinese electronic payments service Alipay.com is taking its growing rivalry with state-owned behemoth China UnionPay to the global stage, with word of a major new move outside its home market. Alipay ...More
EJ Insight2015-09-08
... umber and Alipay or Wechat payment gateways. And they have also been asked to install anti-virus software on their computers beforehand. As many people faced problems due to those restrictions, the we ...More
EJ Insight2015-08-19
... said its Alipay online payment unit and its Sesame credit-scoring service plan to work with Qufenqi in growing the business, according to the Wall Street Journal. Ant Financial declined to say how mu ...More
EJ Insight2015-08-12
... WeChat or AliPay platforms, which also eliminate the risk of counterfeit notes. When Hongkongers think paying bills at 7-Eleven with the Octopus card is not a big hassle, their mainland cousins can ge ...More
EJ Insight2015-07-31
"Fintech" is is a relatively new buzzword that is used to describe technology-enabled financial transactions. Peer-to-peer lending and third-party payment services such as Alipay and Tenpay are good e ...More
EJ Insight2015-07-27
... ugh their Alipay account or in cash. Most of the customers were disciplined in the morning, according to Sesame Credit. But the situation changed after lunch. Three women came in, grabbed some expensi ...More
EJ Insight2015-06-10
... gs. Also, Alipay has tackled the issue of the counter-party risk in online transactions, while Yuebao has fixed the return of remaining funds. However, China’s financial regulation has lagged far behi ...More
EJ Insight2015-05-06
... t service Alipay, MYbank will be a tough rival for Tencent and BEA, as Alipay owns the most comprehensive data about mainland internet shoppers and small businesses. MYbank plans to offer services lik ...More
EJ Insight2015-04-21
... s such as Alipay and WeChat. The banks’ enthusiasm to embrace the online trend reflects an important development in the financial industry. Banks are trying all means to court depositors amid mounting ...More
EJ Insight2015-02-17
... fold the Alipay payment processing and financial services unit, the Wall Street Journal reported. "I think Ant Financial should go public but it is still a baby," Ma was quoted as saying in Hong Kong ...More
EJ Insight2015-02-03
... ng Ltd.'s Alipay system to provide the payment function for its Weibo users. The company also received equity investment from Alibaba in January this year. Mainland smartphone producers, such as Xiaom ...More
EJ Insight2014-12-22
