Starbucks Teams With Tencent To Deploy WeChat Payment In Mainland China

Starbucks and Tencent have formed a strategic partnership to deploy WeChat payment in Starbucks stores in mainland China. Starting from …

Tmall.com Teams With Oil Giant For Mobile Payments

Chinese B2C e-commerce platform Tmall.com and China National Petroleum Corporation’s Hunan branch will integrate their resources to launch a mobile payment service model. Tmall.com, which is a subsidiary of Alibaba, said that the company will integrate Alibaba’s ecosphere to help CNPC Hunan implement an “Internet Plus” transformation that includes an online store, mobile payment, big […]

PBOC Halts Virtual Credit Cards And Mobile Payments In China

The People’s Bank of China has issued an emergency alert to stop the use of virtual credit card products as well as two-dimensional code payments that are often used with mobile devices. Chinese Internet companies like Alipay and Tencent previously launched such services. However, neither company has given any comment on the situation. The emergency […]

China’s Alipay Reported 546% Wireless Payment Growth In 2012; Tibetan City Tops Ranking

Chinese third-party Internet payment service provider Alipay.com has published its report showing that the mobile payment service developed rapidly in China in 2012 with 546% year-on-year growth by trading value; and the number of people who used this service increased by 223%.

UCWeb Plans Operating Platform In America In 2012

UCWeb, a leading provider of mobile Internet software technology and browser services in China, plans to establish its operating platform in America in 2012.

China Telecom Chongqing To Promote Mobile Payment On Campuses

The China Telecom Chongqing branch has launched a new mobile payment platform for students, aiming to promote the information development on campuses via the Internet of Things technologies.