Tag: wechat pay

Retail Asia24/01/2019
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4min0
Recently, Australia fintech company AirPay Financial Technologies announced its regional collaboration with China leading mobile payment technology company SwiftPass to form a new lifestyle brand “AirPass”. Connecting Australian merchants directly with Chinese consumers, AirPass lets local retailers accept WeChat Pay and Alipay both online and offline, as well as reach overseas markets to make the […]

Retail Asia31/12/2018
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2min0
Chow Tai Fook Jewellery Group has signed a memorandum of understanding with Chinese online platform Tencent to allow jewellery purchases using WeChat Pay. In a move to promote “seamless cross-border intelligent consumption”, the agreement allows Hong Kong WeChat users to use the platform’s digital payment solution to make purchases at specified Chow Tai Fook jewellery […]

Retail Asia27/12/2018
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11min0
Nuwemaru Street in Yeon-dong, Jeju City, was known as Baojian street until it was renamed in April. The street had been called Baojian from 2011 when the Chinese pharmaceutical company of the same name sent 12,000 employees to the southern tourist island as a reward. Despite the sharp drop of visitors since 2017 – when […]

Retail Asia19/11/2018
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2min0
Gaming and chat specialist Tencent has reported a strong third-quarter profit despite ongoing issues with Mainland China regulatory authorities over its gaming software. Tencent’s share price has fallen by about one third this year, shedding US$165 billion off its value, although last year its share price doubled. In September the company announced a restructuring program […]

Retail Asia21/02/2018
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3min
WeChat Pay, a popular mobile payment method among Chinese consumers, will be available in several European airport retail destinations, as part of the travel retail industry’s attempts to appeal to large visitor numbers from China. Lagardère Travel Retail, which operates retail, foodservice, and duty-free premises at airports around the globe, has first launched the payment […]

Retail Asia19/02/2018
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2min
Chinese tourists are helping drive the growth of cashless payments using Tencent’s WeChat in the Philippines, according to its Filipino partner, Asia United Bank. Chinese tourist arrivals are projected to hit 1 million. Staying in the country for 8 days on average, WeChat Pay in the Philippines can generate up to P48 billion in revenue, […]

Retail Asia07/02/2018
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1min0
Tencent’s WeChat Pay is now linking to non-Chinese credit cards for mobile payments. This means expats in China and foreign residents of Hong Kong, Macau and Taiwan can now bind and activate WeChat Pay accounts with credit-card services provided by JCB, MasterCard and Visa. Tencent says it is the first time WeChat Pay users do […]

Retail Asia29/11/2017
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3min0
China’s unmanned convenience-store brand BingoBox plans to introduce its cashierless concept to Hong Kong next year, targeting neighbourhoods and suburbs. “With unmanned stores the labour cost is eliminated, making them far more cost-effective, even in expensive cities like Hong Kong,” says BingoBox chief executive Chen Zilin. South Korea already has an unmanned 7-Eleven outlet, termed […]

Retail Asia24/11/2017
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6min
In the middle of London’s Camden Market, a trader from China hands red-bean cakes to a group of tourists from Sweden, as tattooed locals dressed in black leather weave their way between food stalls cooking up dishes including barbecued meat and fish and chips. The market, which has been at the heart of London’s punk […]

Retail Asia11/07/2017
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3min0
Silicon Valley startup Stripe has partnered with digital payment providers Alipay and WeChat Pay to enable merchants using its platform globally to accept payments from hundreds of millions of Chinese consumers. Starting Sunday, the partnerships will allow online merchants using Stripe to integrate the ability for Chinese users to pay with Alipay and WeChat Pay on their websites, the […]


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