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Insights
05-Sep-19 China’s new digital payment infrastructure - face recognition - could make even QR codes seem old-fashioned. Customers simply pose in front of POS machines equipped with cameras to pay. Alipay will spend USD420 mn on the technology by 2022. [image: Asia Times]
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Insights
17-Jun-19 Trials of a new QR-payment system in Russia are beginning. If the trial is a success, the scheme would be rolled out nationwide, enhancing the country's National Fast Payment System. [image: HKTDC Research]
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Insights
21-Dec-18 JCB International has introduced a QR Code Payment service in Taiwan and Vietnam, that will enable cardholders to make payments by scanning the QR Code at the merchant point-of-sale. [Image: JCB]
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Insights
23-Oct-18 Following a strategic partnership between Ant Financial's Alipay and Korean payment system integrator Kakaopay, all taxis in Seoul will accept Alipay from Jan-19. The service will take payment from Chinese visitors via Alipay and locals via Kakaopay. [image: Alipay / Payment Week]
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Insights
17-Oct-18 Singapore e-payments provider Nets is in talks with WeChat Pay to allow its users to make mobile payments in China. The partnership would allow NetsPay users to scan QR codes in China and settle purchases in Singapore dollars. [image: South China Morning Post]
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