Tag: WeChat Pay
Global mobile wallet users to total 2.1 billion in 2019
Nearly 2.1 billion consumers worldwide will use a mobile wallet to make a payment or send money in 2019, up nearly 30% from 1.6 billion...
Chinese tourists want to use mobile payments when travelling
Nearly all Chinese travellers (91%) would be more willing to shop and spend at overseas merchants that accepted Chinese mobile payments, according to a...
WeChat Pay at the Point of Sale in the UK
WeChat Pay, a widely adopted e-wallet payment solution in China and the iconic Camden Market, London’s fourth biggest tourist destination, is the first in...
Apple Pay’s first large-scale promotion in China intensifies its competition with...
The size of Apple Pay's share in the mobile payments market in China will depend on how well Apple Pay fits the needs of...
Social network payments now reach nearly $3 trillion in China
A new UN study reveals that social network payments through Alipay and WeChat Pay enabled $2.9 trillion in Chinese digital payments in 2016, representing a...
Latest News
Payment industry history with first AES DUKPT key management implementation
Verifone says it has implemented AES DUKPT with its end-to-end encryption solution, VeriShield Total Protect, its Engage family of payment devices, and Carbon 8 & 10.
Co-designed by Verifone, AES DUKPT...
