Posts Tagged ‘UnionPay’
PayPal Entering Chinese Market with GoPay Acquisition
This week, PayPal announced that it’s entering the Chinese payments market. It’s acquiring a 70% interest in Guofubao Information Technology Co. (GoPay) Ltd, which already holds a payments license in the country.
Read MoreUnionPay Partners with Local PFs to Brings QR Codes to Malaysia
China-based payments network UnionPay announced last week that it is rolling out acceptance of its EMV-compliant QR code payments solution across Malaysia.
To help facilitate the rollout, UnionPay is working with acquiring partners as well as financial institutions and other non-financial institution partners.
Read MoreMobikwik and Paytm Target Commuters; UnionPay App Spars with Alibaba and Tencent: News Roundup
Malaysia is going mobile while Mobikwik and Paytm are targeting commuters. UnionPay spars with Alibaba and Tencent in mobile fight and HealthiPASS raised $7.2 million for expansion efforts.
Read MoreAdyen Levels the Playing Field for Brick-and-Mortar Merchants with WeChat Pay for POS
One of the most popular mobile payment apps in China, WeChat Pay has been available for online commerce via the Adyen platform since 2016. And now, the mainstream mobile payment method will now be going offline for Adyen’s merchant clients.
Read MoreUnionPay Push QR Code Payment Acceptance Now Available Outside Mainland China
Currently being launched outside mainland China, a new UnionPay initiative enables merchants to offer ”push” QR code payments to their customers at the upcoming Macau Food Festival.
Read MoreNews Roundup: Stripe Adds European Payment Methods
In our roundup of this week’s industry news, payment facilitators in the U.S. and in Europe are building out features and expanding their services.
Leading payment facilitator Stripe announced that it has added support for five local European payment methods: Bancontact, Giropay, iDEAL, SEPA Direct Debit, and SOFORT.
Read More