All vendors on Taobao and Tmall will be able to add WeChat Pay to their fund collecting options soon, as they face increasing market competition, according to market sources.
Reynels Lee has been named head of Malaysia at M-Daq Malaysia, formerly Easy Pay Transfers, which was acquired in July; the firm has a presence in seven markets.
With high credit card penetration rate and a government-led open banking system, South Korea's payment ecosystem offers countless opportunities. CT shines a light for corporates hoping to navigate the market.
The Chinese SME cross-border payment platform wants to facilitate Chinese merchants’ local currency collection in markets where trade flows are growing, including Africa.
Research from Worldpay revealed that digital wallet payments are set to overtake credit cards by 2027 in the city, taking up nearly half of all transactions. While Ant is expanding Alipay+ globally.
