Fintech




When can Wechat Pay stand up to Alipay?

Facebook0TwitterReddit0LinkedinemailAlipay will soon start charging users 0.1 percent surcharge for transferring money from Alipay account to personal bank account. But Alipay is not the first to…



Unqualified P2P Platforms under New Policy

Facebook0TwitterReddit0LinkedinemailEditorial The China Banking Regulatory Commission (CBRC) on 24th August officially released “Interim Measures for Administration of Peer-to-Peer Lending Information Intermediaries” (hereafter referred to as “Measures”)….


Alipay’s global expansion plans in Asia

Facebook0TwitterReddit0LinkedinemailEditorial The Hong Kong Monetary Authority (HKMA) issued the stored value facilities (SVF) licences to several companies including Alipay and Wechat pay. Alipay announced that more than 6,000…