China Payments Research

Mar

Alipay: no more excuses not to turn your mobile phone into a POS-terminal

In its recent mobile app update, Alipay has put its QR code for accepting payments away from the main screen to a separate button on the top right corner. This seemingly small technical change has operational and business implications too.

Jan

China Payments Research

Another step to tighten the control on third party payment companies in China

Last Friday, the People’s Bank of China (PBOC), China’s central bank, issued a new notice for the third party payment companies which will be enacted on April 17th, 2017 and will require the payment companies to deposit around 20% of the held customer fund to specified general bank accounts.

Dec

China Payments Research

Will Alibaba’s Circles incident slow down the development of the credit score industry in China?

The first batch of Chinese credit scoring companies has been waiting for their licenses for 24 months now. What are the reasons for the delay and how has the recent Alipay Circles incident affected the formal launch of the industry?

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China Payments Research