Tag: China
PayPal announces acquisition of GoPay
PayPal has confirmed the acquisition of a 70% equity interest in Guofubao Information Technology (GoPay).
The deal, which means PayPal is the first foreign...
Alipay and Worldline extend partnership to boost Asia-Europe tourism
Chinese payment and lifestyle platform Alipay has extended its “long-lasting” partnership with European payment and transactional service provider Worldline.
The firms state the partnership aims...
New global B2B project set to ‘Slingshot’ Indian fintechs
A first of its kind B2B, cross-border programme for Indian fintechs has been launched at Hong Kong FinTech Week.
Dubbed FT Slingshot, the new project...
Wirecard set for China through AllScore acquisition
Global digital platform provider Wirecard has announced a deal to acquire China-based payment service provider (PSP) AllScore Payment Services.
Subject to regulatory conditions, the deal...
JGOO investigates UK potential for Chinese market
40% of British-based businesses believe the Chinese market will become important for the companies they work for in the next five years.
This is according...
Credorax secures WeChat Pay, Alipay, and UnionPay payment partnerships
Online payment processing and acquiring bank service provider Credorax has announced new partnerships with leading Chinese mobile payment methods - WeChat Pay, Alipay and UnionPay.
Credorax...
Zuckerberg addresses “important risks” of Libra to US Congress
Facebook founder Mark Zuckerberg believes a global payments system “needs to get built” even if his company is not the one to emerge as...
Cardpay embarks on global expansion
Global fintech provider and payment processor Cardpay has announced the company has extended its global reach with the addition of five new markets.
The firm...
Ingenico releases new Chinese ecommerce payments suite
Global payment services provider Ingenico Group has launched a new suite of payment methods for international ecommerce firms that is aimed to cater to...
Venezuela set to bypass US sanctions with cryptocurrency payments
Venezuelan president Nicolas Maduro has confirmed that the South American government is set to use cryptocurrency payment methods for both national and international transactions.
Maduro,...
