PayPal acquired a 30% stake in Gopay, a Chinese provider of electronic payment services, a little more than a year after purchasing 70% of the same company, making it the sole owner.
In August 2020, PayPal named Chinese fintech executive Hannah Qiu as senior vice president and chief of the China region, responsible for formulating PayPal’s long-term growth strategy in the country. The appointment came seven months after PayPal partnered with China’s state-owned bank card issuer UnionPay in a deal that to enable some UnionPay cardholders to access PayPal’s network.
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright