Chinese regulators have ordered sweeping changes to the country's biggest payment app Alipay, as the ruling Communist Party attempts to rein in "the unruly growth" of the tech giants. Alipay -- with more than one billion users in China and other Asian nations including India -- was told to spinoff its profitable micro loan business, the...
13 Sept 2021
Canadian e-commerce platform Shopify has announced a new partnership with online payment group Alipay to support merchants with cross-border commerce. The new partnership will allow Shopify merchants to access new global customers, provide them with the opportunity to tap into the bigger shopping seasons and holidays, and achieve seamless...
18 Nov 2020
Nepal's central bank has banned popular Chinese digital wallets Alipay and WeChat, an official said Tuesday, fearing loss of foreign currency earnings from thousands of Chinese tourists that visit the country. Nepal Rastra Bank issued a notice on Monday, banning the use of the Chinese digital payment platforms popularly used in hotels,...
21 May 2019
Guess? Inc. ha apostado fuertemente por China como mercado estratégico y por los consumidores chinos como su primera prioridad a la hora de ganarse a los turistas adinerados en otros mercados internacionales. El grupo de moda se ha asociado con el gigante de pagos Alipay – propiedad del grupo chino Alibaba Group y operado por su subsidiaria de...
3 Aug 2018
Guess? Inc. has bet strongly on China, both as a strategic market and as the home for one of the wealthiest shoppers groups it targets worldwide. The fashion group has partnered with Alipay to offer mobile payments its Chinese customers are used to at its most popular stores across the U.S. Guess? Inc. has recently announced a partnership with...
Chinese e-commerce giant Alibaba has come under fire over its handling of user data in an episode that underscores growing concerns for privacy in the hyper-digitised country. Alibaba affiliate Ant Financial was forced to apologise on Wednesday after users said they felt misled into allowing its Alipay service to share data on their spending...
5 Jan 2018
