China Payments Research

Mar

Alipay Wallet moves further into public services

Alipay has already gotten into transport cards, bill payments and hospitals in China, now it’s focused on public services again with local government partnerships.

Mar

China Payments Research

It’s looking like Apple Pay will be launched in China in April

Rumors abound that Apple has finally reached an agreement with China UnionPay and is rolling out the China version of Apple Pay in April. According to a Bank of China-related Weibo post, April 15th is the day of official announcement and April 28th will be launch day. The timing is…

Mar

China Payments Research

China International Payment System – What to Expect?

News is that the China International Payment System (CIPS) is ready and selected 20 banks are about to start testing, among which seven are subsidiaries of foreign banks. The new system was developed by PBoC and aims to be a significant improvement on the current way companies make cross-border RMB…

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China Payments Research