Tag: Alipay

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 […]

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 […]

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 […]

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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