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China to take on Bitcoin, Facebook's Libra, and the US dollar with digital currency scheme

News | Cryptocurrencies | 18 Jun 2020

An influential group in China has revealed plans for an East Asia digital currency scheme that could see a basket of currencies combined to take on Bitcoin, Facebook's Libra, and even the US dollar.

central bank digital currency, China, dollar, trade war, Bitcoin, cross border payments, digitalisation, yuan, Libra

EBANX launches digital account and prepaid card

News | Payments General | 20 Jan 2020

EBANX has announced the launch of its new digital account, EBANX GO, and prepaid card in a partnership with Visa.

EBANX, prepaid card, Visa, merchants

Ctrip in talks with banks for secondary listing

News | Payments General | 13 Jan 2020

Reuters has reported that online travel company Ctrip is talking to banks about a planned secondary listing in Hong Kong.

China, Ctrip, banks, Alibaba, Hong Kong, listing, ecommerce, China International Capital Corp, JPMorgan, Morgan Stanley

Interview with Amy Wei, Ctrip, on payment methods, travel payments, and Train + X tourism

Interviews | Interviews | 14 Oct 2019

We interviewed Amy Wei, CEO of International Train Ticketing at Ctrip, to learn more about payment methods for travellers in China and beyond

Amy Wei, Ctrip, payment methods, travel payments, OTA, WeChat Pay, Alipay, TrainPal, China, Visa, Master, American Express, Maestro, Diners Club, Apple Pay, PayPal, debit card, credit card, Qunar, Skyscanner, Trip.com

Payment Methods Report 2019 - Innovations in the Way We Pay

Report | Payments General | 28 Jun 2019

The Payment Methods Report 2019 provides insights into the payment methods landscape, depicting the key trends and developments in the way people pay.


The Paypers launches the Payment Methods Report 2019

News | Online Payments | 28 Jun 2019

The Paypers has launched the fourth edition of the Payment Methods Report 2019, presenting the key trends and developments in payment methods in Europe, the US, LATAM, and Asia.

The Paypers, report, launch, payment methods report, payment methods, Europe, the US, LATAM, Asia, payments , PSP, merchant

Singapore-based Grab invests in UK-based startup Splyt

News | Payments General | 25 Jun 2019

Grab has invested in UK-based startup Splyt Technologies, extending their partnership in order to expand the reach of Grab’s services beyond Southeast Asia.

Grab, investment, partnership, UK, Singapore, startup, Splyt, Southeast Asia, mobile app

Wirecard expands digital payment services within Nordic retail market

News | Online Payments | 27 May 2019

Wirecard has announced the expansion of its digital payment services within the Nordic retail market with multiple new customers.

Wirecard, digital payment, The Nordics, retail market, merchants, China, payment methods, POS

Mafengwo raises USD 250 mln in Tencent-led funding round

News | Ecommerce | 24 May 2019

China-based Mafengwo has announced it has raised USD 250 million in a funding round led by Tencent Holdings Ltd, as it expands in the online travel market.

China, Mafengwo, funding round, Tencent, online travel

Major payment regulation changes in the airline industry

Voice of the Industry | Expert Opinion | 27 Mar 2019

Pascal Burg of Edgar, Dunn & Company presents the drivers of regulatory changes for payments in the airline industry and their impact over both customers and organizations

airline, regulation, Pascal Burg, Edgar, Dunn & Company, PSD2, SCA

Chinese travel companies restructure to comply with new ecommerce law

News | Ecommerce | 09 Jan 2019

Travel apps including Ctrip and Tuniu have restructured their formats to comply with China’s new ecommerce law.

China, ecommerce, travel, Ctrip, Tuniu

Wirecard, Ctrip launch multi-currency Visa travel cards

News | Ecommerce | 07 Jan 2019

Wirecard, a digital financial technology provider, and Ctrip, a large online travel agent in China, have teamed up to launch a multi-currency Visa card.

Wirecard, Ctrip, partnership, Visa travel cards, credit card, online travel agent, merchants, ecommerce, commerce, China

Ctrip Finance launches financial product for the hotel industry

News | E-invoicing, SCF & E-procurement | 20 Jul 2018

China-based travel agency Ctrip has launched its first financial product YiQiZhuang at the Ctrip Industrial Finance Forum in Shanghai.

Ctrip Finance, hotel industry, SMEs, YiQiZhuang, China, Shanghai, Travel Supply China financing, Ctrip Finance, capital loan, lending, financing , Huaxia Bank, Beijing Zhongguancun Bank

Flywire, UnionPay to take the cost out of cross-border payments from China

News | Online Payments | 14 Jun 2018

Flywire and UnionPay International have collaborated to provide Chinese customers with discounted foreign exchange rates on cross-border payments.

Flywire, UnionPay, cross-border payments, China, credit card, foreign exchange, bank

UnionPay Cross-border B2B Platform facilitates exports of SMEs in Yiwu

News | Payments General | 10 Jan 2018

UnionPay International has announced that the official website of Yiwu Market (www.yiwugou.com) now connects to UnionPay Cross-border B2B Payment Service Platform.

Yiwu Market, UnionPay, cross-border payments, China, SMEs, UnionPay Cross-border B2B Platform

JCB partners Ctrip to sign off licence for issuing prepaid cards

News | Cards | 27 May 2016

JCB has partnered with Ctrip Financial Service to sign a licence agreement for issuing prepaid cards for abroad (electronic travel cheques).

JCB, Ctrip, prepaid cards, electronic travel cheques, currencies, China

Tourists unaffected by new cross-border ecommerce tax

News | Ecommerce | 20 Apr 2016

92% of tourists think the new policy on cross-border ecommerce has little effect on their travel plans, a new survey has found. 

China, ecommerce, tax policy, cross-border, travel, tourists, tax exemption, bookings

Alibaba aiming big in India with possible Flipkart stake acquisition

News | Ecommerce | 08 Feb 2016

Alibaba Group, is allegedly looking to acquire stake in Flipkart, an Indian online retailer, in order to boost its presence in the local market.

Alibaba, retailer, Flipkart, stake, acquisition, India, online sales, internet, consumers, investment

Chinese O2O commerce is a win-win deal

News | Ecommerce | 25 Jan 2016

China’s rapidly emerging online-to-offline (O2O) market was a significant contributor to the growth of the country’s ecommerce industry in 2015, a recent research study reveals.

China, O2O, online, offline, commerce, omnichannel, multichannel, consumer, merchant, marketplace, online sales, in-store

Ctrip, Qunar partner to enjoy the online travel lions share in China

News | Ecommerce | 27 Oct 2015

Chinese online travel agencies Ctrip.com and Baidu-backed Qunar Cayman Islands have announced a joint partnership valued at around USD 15.6 billion.

Ctrip, Qunar, partnership, online travel, China, ecommerce, online sales, ticketing, cards, consumers