third party payments

Jun

Alibaba in partnership with Luxembourg Consulate in Shanghai to issue credit-based visas

The versatile internet powerhouse Alibaba group is now sitting on the goldmine of big data and is innovatively monetizing it through internet finance. This time Alibaba Group’s online payment system Sesame Credit applies the cutting edge big data-based credit rating system in partnership with Luxembourg’s Consulate General in Shanghai for…

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.…

Mar

China Payments Research

CUP joins Alipay and Tencent to compete for medical care payments in China

Recently CUP announced a cooperation with some of Shanghai’s well-known hospitals to launch an app, where users will be able to perform many of administrative hospital visit procedures on the mobile. This is the first step of CUP’s Modern Hospital plan, aimed to connect major hospitals to its payment solution.

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third party payments