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Insights
09-Mar-18 A study by Alipay found 65% of Chinese tourists used mobile payments overseas in 2017, compared to 11% among non-Chinese. 91% of Chinese tourists would be more willing to spend if merchants accepted mobile payments. [image: ASAP]
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Insights
27-Feb-18 Visa Korea and payments company BC Card are in a dispute over commission charges for the usage of overseas payment networks, resulting in BC Card using alternatitve networks, including UnionPay of China and Star Network of the US. [image: Business Korea]
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Events
GGM's head of Financial & Business Services Tom MacDonald has been invited to speak about e-commerce payments at the Arabnet Digital Summit 'Money Forum' event in Dubai on 30-Apr-18. Tom will place UAE and GCC e-commerce in the global context, explain the evolution of digital payments and how consumers choose to pay, and outline best practices for payment providers in the region. [Image: Arabnet]
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Insights
06-Feb-18 Standard Bank has inked a deal with Chinese payment company UnionPay to accept its cards in African markets by the end of 2018. The deal will open China's e-commerce marketplace to the bank's customers in 20 African countries. [image: IT Web Africa]
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Insights
05-Feb-18 For the first time, non-Chinese shoppers in greater China will be able to use China’s mobile payment platform WeChat Pay, following an update that allows users to link accounts with non-Chinese credit cards issued by Visa, Mastercard and JCB. [image: Power Retail]
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