Chinese telecom giant Huawei Technologies obtained a payment license after acquiring a digital payment company, Shenzhen Sharelink Network, according to database query platform Tianyancha. Information on Tianyancha on March 25 showed that Shanghai VRTim...
Chinese telecommunications firm Huawei has received a mobile payment license in China through acquisition, expanding its presence in a lucrative business, according to media reports. Analysts said Huawei's new move could pose a direct challenge to the m...
A citizen uses a self-checkout machine in a Walmart supermarket on Fengtian road, Shapingba dis...
A research report has found that 98 percent of the surveyed people see mobile payments as their mo...
Mobile payment penetration continues to rise in China as more consumers have acclimated to the popular technology, the latest survey from China UnionPay showed. In 2020, 98 percent of the 65,000 surveyed listed mobile payments as their most commonly use...
A passenger scans a QR code of Alipay to take subway at the Fengtan Road Subway Station in Hangzhou, capital of East China's Zhejiang province. (Photo/Xinhua) Mobile payment has been embraced by most Chinese people, becoming a major payment method for c...
In 2020, about 74 percent of Chinese people used mobile payments every day because they’re easy an...
Didn't get your relief payment yet? You aren't aloneThe U.S. Treasury and IRS have sent out the bulk of the second economic impact payments, which are intended to provide some relief to Americans By SARAH SKIDMORE SELL AP Personal Finance Writer January...
The public can use electronic receipts to apply for payment of expenses in China starting from the beginning of next year, and the e-bills can be used as certificates for keeping accounts and managing archives, according to the Ministry of Finance. The...
The booth of the Digital Currency Institute of the People's Bank of China at an expo in Beijing. (Photo provided to CHINA DAILY) The People's Bank of China will allow participants in the next phase of its digital currency trials to use them for online p...
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