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Wanda Finalizes Chinese Online Payments Partnership With 99Bill

Chinese real estate group Wanda and third-party Internet payment company 99Bill jointly announced that the two parties have reached a final agreement on a strategic investment. According to 99Bill, the...

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Wal-Mart Will Use Alipay For Payment In 25 Stores In Shenzhen

The supermarket retail giant Wal-Mart will be working in China with third-party payment provider Alipay and start supporting payments via Alipay in 25 outlets in Shenzhen. Based on the market response...

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African Firm Buys Into Hong Kong Payments Company

Net 1 UEPS Technologies Inc. has acquired a 43.88% interest in Transact24 Limited, a specialist Hong Kong-based payment services company. T24's primary business activities include Chinese debit card...

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Xoom Provides New Chinese Money Transfer Channel From Overseas

U.S.-based digital money transfer provider Xoom Corporation launched their Chinese-language services to complement with the Chinese money transfer service they launched in February 2015. This service...

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Lawson Teams With Alipay For Retail Payments In China

Japanese convenience store brand Lawson and Chinese third-party payment platform Alipay recently reached a deal to deploy mobile payment services at Lawson's retail stores. Starting from August 11,...

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Logistics Deal Opens South America To Chinese Goods

South American e-commerce buyers seeking faster shipping and more options from Chinese sellers may be smiling after a new deal was announced last week. Alibaba's logistics affiliate Cainiao and the...

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Asian Shoppers Can Soon Use Credit Cards To Buy Chinese Travel

U.S.-based Digital River, Inc. has signed a payments agreement with Chinese online travel company Ctrip. Ctrip is using the Digital River World Payments solution to process credit cards, including...

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Lotte Signs Five-year Exclusive O2O Deal In China

Chinese B2C e-commerce website JD.com and South Korean retail giant Lotte.com have signed a strategic cooperation agreement and an exclusive agreement under which JD.com will become the sole strategic...

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Apple Introduces Payment Service In China

Chinese online shoppers now have an alternative means to pay for goods online. Apple Pay begins services in China today. The service links China UnionPay, Lian Lian, PayEase, and YeePay to the Apple...

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American Coffee Giant Begins Chinese Mobile Payment Deal

The next latte you sip in China may be paid via the Tencent Wechat app. Wechat, the social network messaging service from tech giant Tencent, has partnered with U.S.-based Starbucks to roll-out mobile...

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