WeChat Pay invests USD 15 M to support…

WeChat Pay made an announcement in Guangzhou on Thursday that it has made an investment of RMB 100 million (USD 15 million) to support the growth of WeChat Pay service providers. It is calling the…

Xiaomi to launch Mi Pay to take on…

Leading Chinese smartphone maker Xiaomi announced its cooperation with bankcard association China UnionPay (CUP) for mobile payment on Thursday, bringing the company one step closer to launching its Mi Pay mobile payment system. According to…

Huawei to launch mobile payment service

[caption id="attachment_6502" align="aligncenter" width="600"] Huawei's BG CEO Richard Yu, second from the right[/caption] With Apple Pay having marched into China in February, boasting partnerships with 19 banks, on Tuesday, China’s largest smartphone maker Huawei announced…

How far has U.S. mobile payment fallen behind…

[caption id="attachment_6324" align="aligncenter" width="640"] Photo by Mike Mozart/Flickr[/caption] When Apple chose China to be the first Asian market to expand its mobile payment service Apple Pay to, most China watchers knew the iPhone maker would…

Face++: the company that’s looking at your face…

[caption id="attachment_5752" align="aligncenter" width="700"] Photo from Twiiter @Alizila[/caption] Face++, the technology behind Alipay’s “smile-to-pay” feature, may one day take over facial recognition ID in mobile payments. The technology claims to be able to do three…