Posts Tagged ‘wireless payment’

Android Pay Formally Enters Hong Kong Retail Stores

Android PayGoogle’s Android Pay has formally entered Hong Kong and will be available in many local banks and retail stores catering …


Tmall.com Teams With Oil Giant For Mobile Payments

Chinese B2C e-commerce platform Tmall.com and China National Petroleum Corporation’s Hunan branch will integrate their resources to launch a mobile payment service model. Tmall.com, which is a subsidiary of Alibaba, said that the company will integrate Alibaba’s ecosphere to help CNPC Hunan implement an “Internet Plus” transformation that includes an online store, mobile payment, big […]


China UnionPay Rumored To Soon Launch Mobile Payment Service For Android Smartphones

China UnionPay has reportedly decided to launch a mobile payment service named “AndroidPay” for Android smartphones. According to reports in Chinese local media, several information sources confirmed the new service will reportedly be available in China in the third quarter of 2015. Several smartphone makers also confirmed the news. Cao Jingsheng, vice president of Coolpad […]


Alipay, Huawei Team For Fingerprint Payment Development

Alipay and Huawei announced that the two parties have worked together in the launch of standard solutions for fingerprint payment in China. In this partnership, Alipay is responsible for creating more convenient payment experience to users, while Huawei provides devices and payment technologies.The new fingerprint payment function was officially available on September 4, 2014. Alipay’s […]


China Post Invests CNY100 Million In Mobile Payment Services

China Post plans to invest CNY100 million to build an electronic payment platform for mobile phone and Internet payment services. The People’s Bank of China has already accepted a related application from China Post’s Chongqing operation and management department, so this is the first step in the organization’s nationwide service roll-out. The application reportedly shows […]


Alibaba Throws Money At Internet Privacy

Hu Xiaoming, Alibaba’s vice president for small- and micro-financial group and chief risk officer, announced in Beijing that the company will invest CNY40 million to establish a security fund. The security fund will be used to fight Internet phishing, trojans, money laundering, malicious attacks, and to protect user information. The security fund will cooperate with […]


PBOC Halts Virtual Credit Cards And Mobile Payments In China

The People’s Bank of China has issued an emergency alert to stop the use of virtual credit card products as well as two-dimensional code payments that are often used with mobile devices. Chinese Internet companies like Alipay and Tencent previously launched such services. However, neither company has given any comment on the situation. The emergency […]


China’s Alipay Reported 546% Wireless Payment Growth In 2012; Tibetan City Tops Ranking

Chinese third-party Internet payment service provider Alipay.com has published its report showing that the mobile payment service developed rapidly in China in 2012 with 546% year-on-year growth by trading value; and the number of people who used this service increased by 223%. According to Alipay, it has gradually become a habit for Chinese users to […]


China Unicom Begins Mobile Payment Services Soon

A representative from China Unicom’s product innovation department revealed that the operator’s mobile phone payment service is undergoing trial use in four cities, including Beijing, Shanghai, Guangzhou, and Chongqing, and the service will be formally put into commercial use in these cities from November 2010. The representative said that China Unicom’s mobile phone payment service […]