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WeChat, China’s major social networking and payment app, has added the country’s central bank digital currency (CBDC) to its payment services, according to reports in local media.
CBDC, central bank, digital currency, digital assets
ING and CCV have developed a business app that turns Android smartphones/tablet into a mobile cash register and payment terminal for contactless payments.
partnership, product launch, payments , contactless payments, SoftPOS
Tmall Global has announced its plans to bring USD 200 billion worth of international goods into China for the next five years and to boost ecommerce in the country.
Tmall, Alibaba, ecommerce, China, merchant, retail, Europe
Since July 2018, China’s central bank has dealt with 602 cases involving merchants rejecting cash payments, according to Tech Asia.
China, merchants, cash payments, bank, Alibaba, retail
Alibaba Group, China\s ecommerce company, is stepping up investments in India as it seeks to grab a larger share of the online spending in South Asia.
Alibaba, ecommerce, online retail, India, investments
Adyen, a payments services provider, has launched its point of sale (POS) offering in Singapore, extending its unified commerce footprint to 27 countries.
Adyen, POS, Singapore, online payments, unified commerce, in-store payments
Alibaba has invested USD 2.9 billion in Sun Art, a China-based hypermarket operator, buying more than one-third of the company’s stock.
Alibaba, ecommerce, Hema, Sun Art, China, retail, physical stores, customer experience
Hema, a Dutch online retailer, has partnered Amazon in order to make its products available for customers in international markets, according to information coming from the Dutch magazine Twinkle.
Amazon, Hema, partnership, online sales, ecommerce, Customers, market, online shopping