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mobile payment

China’s Alipay and WeChat Pay ease the way for foreign travellers to make payments in world’s largest cashless society

by Anas Siddiqui
China’s Alipay and WeChat Pay ease the way for foreign travellers to make payments in world’s largest cashless society

Alipay’s annual cumulative transaction limit for foreign visitors has also been increased to US$50,000, up from the previous US$10,000 limit, in line with a new People’s Bank of China policy, …

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Chinese fintech giant Ant Group gets approval for no-controller status, ending Jack Ma’s reign before seeking IPO

by Anas Siddiqui
Chinese fintech giant Ant Group gets approval for no-controller status, ending Jack Ma’s reign before seeking IPO

China’s central bank has agreed that Ant Group’s mobile payment app Alipay has no controller, a crucial step in the fintech giant’s overhaul deemed necessary to put its much-anticipated initial …

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Chinese fintech giant Ant Group, Huawei to build HarmonyOS-based Alipay app amid growing adoption of home-grown operating system

by Anas Siddiqui
Chinese fintech giant Ant Group, Huawei to build HarmonyOS-based Alipay app amid growing adoption of home-grown operating system

The collaboration between Ant, the fintech affiliate of South China Morning Post owner Alibaba Group Holding, and Shenzhen-based Huawei is expected to benefit consumers who use Alipay and the Chinese …

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Ant Group’s chairman puts his faith in global expansion and pledges to support SMEs in Singapore speech

by Anas Siddiqui
Ant Group’s chairman puts his faith in global expansion and pledges to support SMEs in Singapore speech

Eric Jing Xiandong, chairman and CEO of Ant Group, is doubling down on global expansion of the fintech giant and has reiterated the company’s determination to support small and medium-sized …

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