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China's Central Bank Sets Red Lines For Antitrust Practices In Non-Bank Payments
New payment regulations aim to meet supervision needs, said the central bank. New payment regulations aim to meet supervision needs, said the central bank. -
Trump Signs Executive Order Banning Use Of Eight China Apps
U.S. companies that do business with China previously protested against the passing of a similar executive order. U.S. companies that do business with China previously protested against the passing of a similar executive order. -
U.S. Might Restrict China Digital Payment Companies
Ant Group is preparing for a dual listing in Hong Kong and Shanghai. Ant Group is preparing for a dual listing in Hong Kong and Shanghai. -
Fin-Tech Company Ant Group Says Its Alipay Is Unique, Not Like Tencent’s WeChat Pay.
Alipay has 711 million monthly active users and more than 80 million merchants and more than 50 financial institution partners. Alipay has 711 million monthly active users and more than 80 million merchants and more than 50 financial institution partners. -
China Central Bank Takes Aim At Alipay, WeChat In Antitrust Probe
The central bank is investigating whether the digital payment giants have used their dominant positions to quash competition. The central bank is investigating whether the digital payment giants have used their dominant positions to quash competition. -
OVO, WhatsApp, AliPay Seeking Bank Indonesia Regulation Approval
It was recently announced that using WeChat Pay in Indonesia is already legal while other fintech firms such as WhatsApp, AliPay, and OVO are also seeking the same regulation approval from the country's central bank. It was recently announced that using WeChat Pay in Indonesia is already legal while other fintech firms such as WhatsApp, AliPay, and OVO are also seeking the same regulation approval from the country's central bank. -
Tencent New Growth Engine Gains Momentum
Tencent's engine gains showed improvement despite the revenue decline of its gaming services. Tencent's engine gains showed improvement despite the revenue decline of its gaming services. -
Chinese Mobile Payment Giants Open Access For Visiting Tourists
International tourists can now use Alipay and WeChat Pay for their transactions in the country through international versions of the apps. International tourists can now use Alipay and WeChat Pay for their transactions in the country through international versions of the apps. -
China Welcomes Foreigners With Cashless Tourism
A recent report revealed that China now allows its foreign visitors to use cashless payments through their mobile phones. A recent report revealed that China now allows its foreign visitors to use cashless payments through their mobile phones. -
WeChat’s Mini-Program Scheme Could Help Promote E-Commerce Startups
WeChat has a new mini-program feature for online retailers but some experts say the initiative can’t beat Alibaba’s long-standing offers for e-commerce startups. WeChat has a new mini-program feature for online retailers but some experts say the initiative can’t beat Alibaba’s long-standing offers for e-commerce startups.