Searching for "China UnionPay"
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Shanghai-based Xingyi Information Technology, operator of online and mobile anti-fraud solutions brand Maxent, announced that it completed RMB 50 mln in Series A+ funding led by DCM Ventures in March 2017, with participation by Series A investor Vertex Ventures. Read More
Chinese Android device maker Xiaomi recently announced that it will hold a press conference on September 1 to launch its near-field communication (NFC) mobile payment system Mi Pay, developed in partnership with Chinese cross-bank transaction processor China UnionPay. Read More
Chinese banking network China UnionPay recently announced that it will ally with over 20 merchant banks to launch a virtual payment card called Cloud QuickPass. Read More
China's cross-bank transaction processor China UnionPay is reportedly promoting a new "Android Pay" mobile payment service to Chinese Android-based smartphone manufacturers, according to industry insiders. Read More
Sun Taoyong, founder of Shanghai Huishuo Information Technology, operator of Weimob, a third-party service platform for official accounts on Tencent's (0700.HK) WeChat mobile messaging app, today confirmed that the company has received RMB 30 mln in first-round funding from Singaporean private equity fund Meridian Capital. Read More
Chinese banking network China UnionPay is currently developing a QR code-based mobile payment service, covering both online and offline mobile payments, according to company insiders. Read More
According to an industry insider, the People's Bank of China (PBoC), China's central bank, recently issued draft regulations governing China's third-party payment and mobile payment industries. Read More
According to an inside source, the People's Bank of China (PBoC) has authorized the trial use of its mobile trusted platform service (MTPS), approved at the end of 2013, offering mobile payment service integration to telecom operators from seven trusted service managers (TSM) including China Construction Bank, China CITIC Bank, China Everbright Bank, China UnionPay, and China Mobile (NYSE: CHL; 0941.HK). Read More
Chinese third-party payment processor Alipay has announced on its official microblogging account that the company will terminate all offline POS payment services, citing "well-known reasons." Read More
At the fifth annual China Mobile Payment Industry Summit in Beijing on April 18, Chai Hongfeng, executive VP of Chinese banking network China UnionPay announced that a specification for a national mobile payment standard has already been drafted, and could be announced within the year. Read More