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Discover all the payments and fintech-related news and analysis about China in The Paypers News, Reports, along with other China-specific insights on the payments and fintech industry:

Discover all the payments and fintech-related news and analysis about China in The Paypers News, Reports, along with other

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Beijing to allow Hong Kong banks to issue credit cards on mainland

News | Online & Mobile Banking | 21 Feb 2025

Beijing has announced its decision to allow Hong Kong banks to issue credit cards for customers on the mainland from March 1, 2025.

partnership, banking, credit card, financial services

American Express partners with Alipay for digital payment system in China

News | Payments General | 26 Feb 2025

American Express has announced its partnership with Alipay in order to enable payments at multiple merchants across the region of mainland China.

partnership, payments , digital payments, ecommerce, cross-border payments

Alibaba Cloud launches AI model for intelligence transformation

News | Digital Identity, Security & Online Fraud | 17 Apr 2023

Digital tech and intelligence backbone of Ant Group, Alibaba Cloud, has recently launched a large language model, Tongyi Qianwen. 

artificial intelligence, ecommerce, ecommerce platform, quantum computing, platform, online platform, expansion, Alibaba, digitalisation, fintech, cloud services, cloud

China's CBDC takes a more important place on WeChat's platform

News | Cryptocurrencies | 28 Apr 2023

China-based messenger app WeChat has announced that it extended the use of digital yuan payments to transactions happening through its short video and mini-app platforms.

CBDC, digital payments, cryptocurrency, WeChat Pay, payment methods

Apple expands retail footprint in China

News | Ecommerce | 28 Apr 2023

US-based tech giant Apple has expanded its retail operations in China by opening a second Apple Store in Shenzen, its 55th store in China.

Apple, ecommerce, delivery, expansion, retail

BNP Paribas partners Bank of China to promote the digital yuan

News | Cryptocurrencies | 08 May 2023

France-based bank BNP Paribas has partnered with the Bank of China to promote the digital yuan to corporate clients.

partnership, central bank, CBDC, digital assets

China launches the National Blockchain Technology Innovation Center

News | Cryptocurrencies | 12 May 2023

The government of China has launched the National Blockchain Technology Innovation Center in Beijing to support blockchain technology research.

blockchain, research, cryptocurrency, partnership

Alipay partners with Mastercard to launch a new payments option

News | Mobile Payments | 22 Jun 2023

China-based Alipay has partnered with Mastercard to launch a new payments option that improves the convenience of international travellers.

travel payments, partnership, mobile payments, product upgrade

DBS launches an e-CNY merchant collection solution

News | Cryptocurrencies | 07 Jul 2023

The Chinese branch of Singapore-based DBS Bank has launched an e-CNY merchant collection solution to support the growing consumer usage of China’s CBDC.

CBDC, product launch, banks, digital payments

Bank of China tests SIM card NFC payments for e-CNY

News | Cryptocurrencies | 13 Jul 2023

The Bank of China has partnered with China Telecom and China Unicom to test SIM card NFC payments for the e-CNY in certain regions.

CBDC, NFC, digital payments, mobile payments

Alibaba opts out of Ant Group stock buyback

News | Payments General | 24 Jul 2023

China-based Alibaba has announced it will not take part in the previously announced share buyback of its fintech arm, Ant Group.

regulation, payments , investment, bigtech, compliance, ecommerce

Weixin Pay and Alipay to enable cashless pay for foreigners

News | Mobile Payments | 24 Jul 2023

China-based Tencent and Alipay have announced that they will facilitate cashless payments for foreigners that visit China. 

product launch, travel payments, digitalisation, cashless, mobile payments, QR payments, credit card, local payment method

VakaTrip partners with Nuvei, increasing conversion rates by 20 percent

News | Payments General | 01 Aug 2023

VakaTrip, a China-based travel platform, has teamed up with Nuvei, a global payment services provider, to enhance card payment acceptance from its international customer base. 

partnership, ecommerce, banks, payments , checkout optimisation

Automated Systems Holdings Limited partners with Finastra

News | Online & Mobile Banking | 09 Aug 2023

Automated Systems Holdings Limited (ASL), a global IT solutions and services provider, has partnered with Finastra aiming to strengthen its industry-specific DevSecOps business and fintech trajectory.

partnership, banking, fintech, financial institutions, digital banking

Alipay launches an updated international version of its app

News | Mobile Payments | 18 Aug 2023

China-based Alipay has announced the launch of an international version of its app with customised services for overseas travellers to China.

product upgrade, mobile payments, payments , customer experience

Ant Group Digital Technologies launches ZAN brand

News | Cryptocurrencies | 08 Sep 2023

China-based Ant Group Digital Technologies has launched the ZAN brand to offer blockchain application development products and services.

product launch, web3, blockchain, cryptocurrency

UnionPay International offers borderless payments to global cardholders

News | Payments General | 18 Sep 2023

China-based UnionPay International (UPI) has expanded its international business to improve the payment experience of travellers.

product upgrade, expansion, travel payments, payments

Ant Group introduces 10 Asian e-wallets to mainland China

News | Mobile Payments | 19 Sep 2023

Ant Group has welcomed seven new e-wallets and five payment apps from Asia to the ‘Alipay+-in-China’ programme.

mobile payments, digital wallet, ecommerce, POS, merchants, expansion

Aleta Planet partners with Lakala International

News | Payments General | 22 Sep 2023

Aleta Planet has partnered with Lakala International in order to improve the payment experience for foreign visitors of China through the `Visitor to China` app.

partnership, product launch, digital wallet, digital payments, online payments, mobile payments, cross-border payments, cross-border ecommerce, ecommerce

Fusion Bank partners with WeBank

News | Online & Mobile Banking | 25 Sep 2023

Fusion Bank has announced its partnership with WeBank in order to strengthen the development of the Greater Bay Area and offer new business opportunities to SMEs.

partnership, SMEs, mobile banking, online banking, digital banking, banking, financial services, financial institutions, financial inclusion