WeChat Pay to allow international cards for mobile payment

Tencent is working with five international card network operators including…


Ant Financial launches international Alipay service for overseas users in China

A consumer checks out with Alipay at FamilyMart in Shanghai on July 24, 2019.…


China has more tech unicorns than any other countries: report

(Image credit: BigStock/Tempestz) China has surpassed the United States as the…


Ant Financial in talks for a $3.5 billion loan at lower rate: report

Alibaba's fintech affiliate Ant Financial is in talks with lenders for a…


Indian startup Paytm to close $2 billion in new funding: report

(Image credit: Creative Commons/joegoauk73) Indian digital payment company…


Alipay, WeChat Pay explicitly forbid crypto-related transactions

(Image credit: Creative Commons / marcoverch) China's big two digital payment…


'Golden Week' spending surged on mobile payment platforms amid cooling economy

A sign on a cash register showing consumers how to pay using mobile payment…


Ant Financial deepens partnership with blockchain project Hyperledger

Geoff Jiang, vice president and general manager of Ant Financial's Intelligent…


Alibaba gains 33% of Ant Financial in conclusion of spinoff deal

Chinese e-commerce giant Alibaba has received a 33% equity interest in its…


Tencent, Alibaba refuse to disclose user data to state-backed credit company

The People’s Bank of China headquarters in Beijing. (Image credit: Wikimedia…