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| Mobile payment scale rises in 3rd quarter: report BEIJING, Jan. 1 (Xinhua) -- The scale of mobile payment in China exceeded 29 trillion yuan (4.5 trillion U.S. dollars) in the third quarter of 2017, a report indicated. According to the report released by internet research agency Analysys, the amount is a quarter-on-quarter increase of 28.02 percent.
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| Mobile payment activated on Xi'an subway Metro services in Xi'an, capital of northwest China's Shaanxi Province, is now accepting mobile payments. Through Alipay, subway riders in Xi'an will be able to use a QR code on their phones to access all subway stations in the city. Municipal officials in Xi'an suggest the new mobile payment option will ...
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| Fashion in 2018 | 6. Mobile Obsessed So far adoption in Europe and the US has been slow — only about 15 percent of smartphone owners use mobile payment technologies to pay for purchases. But mobile adoption is expected to boom, as apps such as Apple Pay are accepted by more and more fashion retailers. In the US, mobile ...
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| New automated payment system for airport retail Targeting at China's growing set of wealthy tourists, the primary mobile payment platform in Vietnam VIMO has signed entered into a strategic e-payment partnership with Southern Airports Services Joint Stock Company (SASCO), who operates the retail services at Ho Chi Minh City's international airport ...
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| [INTERVIEW] Line Pay eyes world connected by 'seamless payment experience' Central to Line's O2O vision is Line Pay, the mobile payment service created by Line and operated by its subsidiary Line Pay. ... To achieve this, Line has been developing mobile payment systems without limits on the interface design, as its goal is to bring a mobile pay model that best fits the needs of ...
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| Worldpay: Businesses, Brace Yourself For Mobile Shoppers If it seems like mobile is accepted in more places these days, that's likely because it is. Between mobile payments systems like Apple Pay and beyond stepping in, and businesses putting mobile to work in more ways—like the idea of every mobile device serving as a checkout stand—mobile has plenty ...
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| Alipay reveals nationwide user habits for 2017 Residents in central and western provinces generally adopt mobile payments faster than anywhere else in the country, with the nationwide mobile payment proportion at 82 percent, Alipay said today. There are a total of 11 provinces and autonomous regions where mobile payments contribute to over 90 ...
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| Apple Pay Cash won't be the death of Venmo — but I found the little-known alternative that will But Venmo has such a stronghold on the mobile payment space, it's nearly impossible to avoid. I end up having to Venmo friends, since that's the app everybody already has. That's why, when I first heard about Zelle, the mobile payment solution backed by major banks, I dismissed it almost immediately.
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| Ethiopian mobile application is up and running For passengers originating from Addis Ababa to Ethiopian international destinations or domestic routes, they will have the option to effect the payment either through mobile payment or internet banking. Moreover, Ethiopian would like to announce to its valued customers that this service provision will ...
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| [Herald Interview] Line Pay eyes world connected by 'seamless payment experience' Central to Line's O2O vision is Line Pay, the mobile payment service created by Line and operated by its subsidiary Line Pay. Three years in, Line Pay is ... To achieve this, Line has been developing mobile payment systems without limits on the interface design that best fits the needs of different markets.
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| Man Jailed Over China's First Virtual Credit Card Fraud A Chinese man who set up fake online stores to help customers withdraw millions of yuan in cash from their virtual credit cards has been sentenced to more than two years behind bars, marking the first case of its kind in mobile payment-happy China. The 26-year-old man, surnamed Du, was sentenced ...
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| A Look At Alipay's 2017 In Transport Payments Many public transport systems are located underground, which makes it especially difficult to connect a mobile payment system therein. That's where Alipay could really shine, mainly by bringing in what it called "offline QR pay", a system that allowed users to scan a QR code and have the transaction ...
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| Industry experts offer up 2018 predictions on retail customer experience "It's important to stay nimble and adapt to new technologies, such as mobile payment applications, as they emerge. Apple Pay is reporting more than 1 million new users each week. Popular cloud-based wallets such as WeChat Pay and Alipay are breaking down borders and disrupting the payments ...
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| Proximity Mobile Payment Market Segmentation Application, Technology & Market Analysis ... The total market is further divided by company, by country, and by application/type for the competitive landscape analysis. The report then estimates 2017-2022 market development trends of Proximity Mobile Payment industry. Analysis of upstream raw materials, downstream demand, and current market ...
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| Moneywise: Canadians' wallets are going digital By using a digital wallet, users can complete purchases easily and quickly with contactless communications technology. Digital wallets can be used in conjunction with mobile payment systems that allow consumers to pay for purchases with their smart phones. They can also be used to store loyalty card ...
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| Yirendai Limited: Still Growing, Still At A Good Price According to research by Tencent Research Institute from 2015, as this previous Seeking Alpha article points out, Chinese consumers spent approximately 50 times more through mobile payment platforms than their American counterparts. Another report by EY from November of last year says the nation ...
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| Global Mobile Payment Technology Market 2017 Overview by Key Finding, Scope, Top Impacting ... Mobile payment is a technology which allows consumers to make immediate payments for products and services by using a portable electronic device such as a smart phones, tablets or cell phones, which are operated as a payment vehicles. Growing adoption of advanced technologies such as near ...
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| Tencent denies storing WeChat records after Chinese billionaire reportedly questions monitoring Tencent's WeChat has gained prominence in everyday usage in China and extended its use from being a communication tool and mobile payment channel to being used as a digital alternative to the national identification card. A Beijing court has also recently started accepting filings by people using ...
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| Digital Payments – What Next? However, that may not be a completely accurate conclusion to draw, because though ATM transactions grew, so did online payment, mobile payment and mobile wallet transactions. According to a statement by principal advisor of government think-tank Niti Aayog, Ratan Watal, digital payments grew ...
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| China's WeChat denies storing user chats WeChat has gained prominence in everyday usage in China and extended its use from being a communication tool and mobile payment channel to being used as a digital alternative to the national identification card. A Beijing court has also recently started accepting filings by people using the platform.
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| In China, rental bikes have become a social menace Despite raising billions of dollars in investment, the bike-sharing business model is still unclear, with speculation ranging from data collection to advertising and mobile payment platforms. In places, the sheer volume of discarded bikes appears to be spiralling out of control. In the southeastern coastal city ...
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| Samsung to launch Galaxy A8 this week The Galaxy A8 smartphone supports various features of Samsung's high-end models, including the mobile payment system, Samsung Pay. It also connects to the Gear VR, Samsung's virtual-reality headset. The South Korean tech giant said the Galaxy A8 smartphone is the first Galaxy device to adopt a ...
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| Nation to cap overseas withdrawals "It is highly recommended to prepare enough cash before trips or use credit cards and mobile payment. As cash withdrawal is the last choice, the latest rules will not affect upcoming trips," she said. In September 2017, SAFE started requiring Chinese banks to provide daily reports on their bank card ...
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| Redesigning banking for the digital age It offers a platform that covers 33 banks and other mobile payment institutions. The rise of interbank cards is apparent even in poor developing countries like Myanmar. Although there were hiccups and installation delays, interbank cards are set to go live in 2018. People living in Myanmar can perform ...
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| Nigeria in 1min: Economic, Business and Financial Headlines – 020118 Sweden could stop using cash by 2023 - Sweden is moving away from cash in favor of cards and mobile payment apps. According to a new study, the nation is on track to leave cash behind completely by 2023, though retailers expect to still accept cash for a couple more years after that. Source WEF ...
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| JD Launches Offline Supermarket 7Fresh Apart from Alibaba and JD, Tencent, the social media giant, has also entered the scene with its acquisition of 5% of Yonghui Superstores. Tencent is said to be injecting more capital into Yonghui to raise its shareholding to 15%. Bolstering its mobile payment business appears to be part of the strategic ...
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| Iris Scanning and Facial Recognition Making Their Way into Consumer Electronics; IR LED Market ... With the prevalence of smart applications and mobile payment, using smartphones for ID authentication is convenient and efficient, but meanwhile, requires higher level of privacy and security. Current, iris scanning is not yet common in smartphones, but is very likely to be increasingly adopted in the ...
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| What to Expect in 2018 in the Payments Industry Launch of an Aadhaar based mobile payment application, BHIM (Bharat Interface for Money) at the Digi Dhan Mela. A dedicated helpline by NITI Aayog, '14444', in collaboration with NASSCOM and telecom operators, to address all queries regarding digital payments. 5. In addition, most recently, ...
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| Ami Investment Management Has Trimmed Procter & Gamble (PG) Position By $465750 ... WORLDPAY GROUP PLC ORD UNITED KI (OTCMKTS:WDDYF) had an increase of 1.4% in short interest. WDDYF's SI was 260,500 shares in January as released by FINRA. Its up 1.4% from 256,900 shares previously. With 1,400 avg volume, 186 days are for WORLDPAY GROUP PLC ORD UNITED ...
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| Ecex Exchange World's first mobile payment ICO! World's first mobile payment ICO! During ICO period Ecex Exchange utility token ZIG is sold with significantly better price than later. After ICO ending on 20 April 2018 Ziggurat tokens will be sold in Ecex Exchange for customers with price 1 ZIG = 1 EUR You don't even need cryptocurrency wallet/account ...
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| markaventura ... Dec 2013 (4 months). Deployed as consultant under Smart e-Money Inc. that maintains a mobile payment systems as well as create new functionality specifically for the Turkey and Egypt market. The in-house framework is developed using Spring and Grails, and uses web services via SOAP and Rest.
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