China or Bust: Sooner or Later, Expect a Storm
The shift to a consumer-driven economy continues in China, as credit card debt grew six-fold since 2012. S&P Global Ratings expects ...
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.
Six Global Faster B2B Payments Markets:
Don’t miss another episode of Truth In Data! Click on the red bell in the lower-left corner of your screen ...
Visitors To China Find Payments Quite Challenging
You can leave home without it. That would be your credit card if you are a foreign tourist in China. ...
How Online Retailers Can Profit from the 11.11 Global Shopping Festival
Singles’ Day began on Chinese university campuses in the mid-1990s as a counterpoint to Valentine’s Day for couples. Now 11.11, ...
QR Codes for Credit Cards in China: A Victim of Their Success?
Here is an exciting story at Seeking Alpha this morning. Just as QR codes have made it inexpensive and easy ...
Learning to Spend Like An American: Credit Cards in China
UnionPay and Ant Financial are successful lending models. In many ways, they are changing Chinese culture. In contrast to their ...
Apple Credit Cards Outside the United States: Asia Says: “So What”
Two Asian news items stand out in today’s news, as part of the media flurry on the Apple credit card. ...
Credit Cards and QR Codes: Breakthrough for Financial Inclusion or Too Many Cooks in the Kitchen?
QR codes provide a radical change to payment acceptance, particularly in developing economies. Countries such as China and India embrace ...
Installment Loans in China: Credit Cards and Bankers Not Required
Bloomberg reports on Jack Ma’s loan machine. The highlights: Loans take three minutes; bankers are not part of the process. ...
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 ...
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