Tag: Alipay

At KFC in China, customers can pay for a meal with a smile

At KFC in China, customers can pay for a meal with a smile

Written by on September 4, 2017 in News with 0 Comments

SHANGHAI (Reuters) – Diners at a KFC store in the eastern Chinese city of Hangzhou will have a new way to pay for their meal. Just smile. Customers will be able to use a “Smile to Pay” facial recognition system at the tech-heavy, health-focused concept store, part of a drive by Yum China Holdings Inc […]

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Mobile payments facilitated by Alipay and WeChat reached $2.9 trillion

Mobile payments facilitated by Alipay and WeChat reached $2.9 trillion

Written by on May 3, 2017 in Guest Blog with 0 Comments

A new study by UN-based Better Than Cash Alliance has revealed that Alipay and WeChat Pay facilitated $2.9 trillion in Chinese digital payments in 2016. According to a recently published study by the UN-based Better Than Cash Alliance, Alipay and WeChat Pay enabled an astonishing $2.9 trillion in Chinese digital payments in 2016. A 20-fold […]

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China’s Alipay payments platform making inroads internationally

China’s Alipay payments platform making inroads internationally

Written by on September 27, 2016 in Billing & Payments, News with 0 Comments

SHANGHAI (Reuters) – China’s Alipay payment platform has inked deals with 10 overseas airports as it looks to expand on the back of Chinese consumers’ growing appetite for travel, and has already signed up more than 80,000 merchants worldwide, a senior executive said on Monday. Alipay, whose platform offers services ranging from bill payment to […]

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News highlights – August 17

News highlights – August 17

Written by on August 18, 2016 in News with 0 Comments

News highlights for August 17 Hackers claim to have stolen cyberweapons from NSA, demand 1 million Bitcoin in exchange A hacking group called The Shadow Brokers claims to have acquired hacking tools from a group linked to the US National Security Agency (NSA), and is now asking for 1 million Bitcoin (about $568 million) in […]

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