Overseas transactions surged 30% over 2024 as visa policies helped Chinese consumers travel more this year. In addition, the use of overseas e-wallets in China increased by 94%.
Alipay+, Ant International’s cross-border payment firm, has agreed with Nepal’s Himalayan Bank for more than 10 payment partners, including many Asian ones, to be accepted in Nepal.
Interconnected QR code payment systems continue to be developed across Asia Pacific, facilitating cross-border retail payments while maximising user experiences.
Coupling a successful fundraise with the appointment of a former facial recognition tech contributor at Alipay, Pomelo Pay has it sights set on expansion.
China’s central bank is contemplating ways to make life easier for digital traders to make cross-border payments and reduce the risk of fraud, CT understands
The ability to transfer money immediately across borders could become a reality soon but the use-case scenario depends on a treasurer’s unique work requirements, explains Kyriba.
A platoon of personal shoppers are offering a new option for corporates looking to build their presence in China. But selling via so-called daigou raises several treasury challenges.
Treasurers need to understand the Chinese regulator's thinking when handing cross-border transactions. Its priority now is ensuring such transactions are authentic.
CT spoke with DFS and Tencent to find out how treasurers are surfing the WeChat Pay phenomenon and why PSP settlement is giving the e-pay platform the edge