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Tencent has streamlined WeChat account registration and card linking to Weixin Pay for international visitors to China to enhance their payment experience.
mobile payments, digital wallet, QR code, cross-border payments, e-wallet
Touch ‘n Go eWallet has announced its decision to implement a 1 percent conversion fee for overseas QR payments, starting on the 25th of April 2024.
payments , cross-border payments, cross-border ecommerce, online payments, mobile payments, digital payments, ecommerce
Union Pay International (UPI) has recently announced a partnership with First Parking in Australia to launch a frictionless parking payment service which aims to make life easier for locals and foreign drivers.
partnership, debit card, credit card, mobile payments, contactless payments, online payments, digitalisation, ATM, member card
Ant Group, the fintech affiliate of Alibaba Group Holding, has increased the mobile payment transaction limits for overseas visitors to Alipay and international e-wallets in China.
travel payments, e-wallet, digital wallet, cross-border payments, credit card, debit card
Cross-border digital payment provider Alipay+ has announced the availability of an additional nine international e-wallets in Thailand’s 7-Eleven stores.
mobile payments, e-wallet, digital wallet, digital payments, payment methods
Tony Wood from Deloitte APAC explores the dynamic landscape of Open Banking in APAC – trends, regulatory shifts, and transformative innovations driving financial inclusion and competition.
Open Banking, financial services, Open Finance, report
Singapore-based lifestyle destination resort Resorts World Sentosa (RWS) has expanded its partnership with China-based Alipay+.
partnership, travel payments, e-wallet, digital wallet, payment methods, local payment method, digitalisation
Alipay Plus has expanded its services to the UAE, allowing Chinese visitors to use it for taxi payments and receive instant tax refunds at major airports, enhancing travel convenience.
QR code, QR payments, mobile payments, digital wallet, POS
Authorities from China have decided to amend the country’s Anti-Money Laundering (AML) regulations to include cryptocurrency-related transactions.
cryptocurrency, AML, regulation, transactions
Hong Kong-based fintech FundPark has secured a USD 250 million private loan with Goldman Sachs as a senior facility provider.
funding, investment, SMEs, cross-border ecommerce
Dubai Duty Free has announced its partnership with Alipay+ in order to leverage its tools for optimising the shopping experience of international visitors.
partnership, payments , digital payments, mobile payments, online payments, QR payments, cross-border payments, cross-border ecommerce, ecommerce
UnionPay International has partnered with Trip.com to provide global travellers with enhanced payment experiences.
travel payments, cross-border payments, online payments, transactions , partnership
Payments company Magnati has entered a collaboration with Sheikh Shakhbout Medical City (SSMC) to provide improved healthcare payment methods.
partnership, payment methods, payment facilitator, e-wallet, digital payments
Visa has extended its partnership with Tencent Financial Technology to allow Weixin users to receive inbound remittance in their digital wallets.
partnership, remittance, digital wallet, online payments
Global payment company, Fuiou Pay, has partnered with Visa Cross-Border Solutions (VXBS) to open up global opportunities for its China-based SME exporter clients.
cross-border payments, payments , FX , ecommerce, SMEs
Sweden-based financial platform Juni has enabled cross-border payment capabilities to the US and mainland China for its European customers.
product launch, cross-border payments, cross-border ecommerce, digital payments, online payments
US-based Citi has launched its agented syndicated loans on Versana’s transformative digital data platform, making them available for the latter’s subscribers.
partnership, digital banking, mobile banking, online banking, financial services, financial institutions
US-based Citi has announced that it successfully settled trades of China Asset Management on the Hong Kong Exchanges and Clearing (HKEX) Synapse platform.
trade finance, settlement, banking, online platform, fintech, financial institutions, financial services
Huobi and KuCoin have been added to the UK Financial Conduct Authority’s (FCA) warning list for marketing their services without proper approvals.
regulation, compliance, cryptocurrency, digital assets, FCA
ANZ Worldline Payment Solutions has partnered with Alipay+ in order to allow customers and businesses in Australia to accept payments through the latter’s services.
partnership, product launch, cross-border payments, cross-border ecommerce, digital payments, mobile payments, online payments, payments , QR payments