third party payments

Nov

Singapore and Thailand to form an unprecedented E-payment Alliance

Singapore’s PayNow and Thailand’s PromptPay are set to link their national digital payment systems, thereby making it easier to send money between the two countries.

Oct

Asia Payments Research

What can PayPal learn from Alipay’s business model?

It is quite obvious that Alipay is the largest mobile payments platform in the world, with approximately 400 million registered users. Third-party payment platforms play an integral role in Chinese consumers’ everyday transactions because of the multi-faceted services offered, such as ecommerce and mobile payment transactions. According to iResearch data…

Apr

China Payments Research

Wang’lian could mean a big shift in China’s digital payment business models

On the last day of March 2017, Wang’lian (Internet Payment Union) started its trial operation after one year of preparation. The first group of companies that have joined the platform include: Wechat Pay, China Merchants Bank, Bank of China, and Chinabank Payment. The platform will effectively cut the 3rd party…

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third party payments