China Payments Research

Jun

Who will be the Square of China?

Since its launch 3 years ago, popular third party POS payment provdier Square has gained a respectable level of global adoption. Clients have access to 130 currencies in four languages worldwide. Despite the great success, we haven’t seen any presence of Square in China.

Jun

China Payments Research

PayPal announces partnership with UnionPay, launches its new China Connect service

The US online payment service provider PayPal has big plans for helping merchants and customers worldwide. Earlier this week, it has announced his partnership with the most popular payment card in China UnionPay to provide Chinese cross-border shoppers with an easier way to complete their transactions via UnionPay Online payments.…

May

China Payments Research

China’s taxi hailing app war switches to premium cars as Didi Kuaidi Dache shove 1 billion RMB of coupons into the market

China’s taxi / ride hailing app sector is heating up again as internet giant backed Didi and KuaiDi Dache are about to launch 1 billion RMB subsidy for premium cars coupon. Not to be outdone, competitor Yidao teamed up with Baidu. The country’s leading search engine allows Yidao to embed its…

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China Payments Research