Credit Cards in China: Is Growth Too Rapid?
The ongoing issue of allowing global payment brands in China makes me scratch my head. Protectionism is one thing, but ...
Tag: China
Stay updated on the payments industry in China. PaymentsJournal offers expert analysis and news on trends, regulations, and innovations impacting the financial landscape in China.
Facebook’s Libra Makes China Jumpy. Maybe Because It Competes With China’s Own Crypto?
Facebook’s announcement of Libra was similar in scope to Elon Musk’s announcement he would put men on Mars by 2024. ...
J.P. Morgan Launches Digital Cross-Border Payment Solution in China
Upon reading the headline in asset servicing times, one’s initial reaction would be that another cross border network or platform ...
How UnionPay Turned a Two-horse Race into a 3-way Battle of Goliaths
If you have a bank card in China, it’s most certainly a UnionPay card, as it has reached near de ...
China Union Pay Expands Into Europe
This article in Finextra indicates that China UnionPay (CUP) has partnered with Fintech supplier Tribe in an effort to expand ...
China’s UnionPay: Hitting the Beaches in Europe
The irony of it all: Mastercard and Visa struggle to issue in China because of regulatory constraints while UnionPay moves ...
Credit Cards In China: QR Codes Bring Transactions, But Social Interactions Bring Sales
Smart Brief quotes eMarketer regarding e-commerce sales in China surging 7.5 % this year, surpassing $5 trillion (and US e-commerce), ...
Tigers versus Dragons – Asia’s Booming E-Commerce Market and the Challenge to China’s Regional Dominance
E-commerce is one of the greatest business success stories of the last decade. It has created jobs, injected new dynamism ...
Welcoming Chinese Consumers to the World of Consumer Debt
Credit cards in China have taken hold, but the messaging about repaying debt may be lagging, as Reuters reports the ...
Credit Card Networks: On a Slow Boat to China
It has been a 13 year battle, five years after China’s 2006 broken promise to allow foreign firms into their ...
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