mobile payment Archives - Inside Retail Asia

Chinese outbound tourists powering mobile payment growth

Chinese outbound tourists are taking China’s mobile payment industry to foreign markets, according to Nielsen.

Samsung tests mobile payment service

Samsung has launched a short, live beta test of its new Samsung Pay mobile payment service.

WeChat launches mobile payment service

Chinese Internet company Tencent is launching an in-store mobile payment service on its messaging app WeChat for nine retailers. The feature will be initially rolled out for Dairy Queen (restaurant chain), Guoda Pharmacies, Tianhong and Minsheng Baihuo (department store chains), One Plus One and Lotus (supermarkets) Hao Linju and Guoda 365 (convenience store chains) and Aiyingshi (childcare chain). Chinese WeChat users can now find a new “shua ka” or “Small Payment” feature inside the “Wal…

Mobile payment booming in China

Chinese consumers are spending more and more through mobile devices. According to the 2014 China Internet Financial Development report, jointly published by the Internet Society of China (ISC) and Finance World, a magazine of Xinhua News Agency, payments through mobile devices in China rose 707 per cent year on year in 2013. However, ISC urged consumers to be cautious and aware of bugs on smartphones which could compromise transaction safety. Retailers are urged to implement safety prot…

McDonald’s Thailand launches mobile payment

Food chain McDonald’s and credit service company Aeon have partnered with Swiff to launch a new mobile payment service in Thailand. Using the new mobile point of sale solution, McDelivery 1711 allows its customers to pay by credit card using mobile devices from wherever they make their orders. This is the first time in Thailand a global QSR chain has used mPOS (mobile point of sale) when they deliver the orders to customers’ doorstep. Swiff’s technology enables secure and patent-pending…

Asians embracing online payments

A new study indicates online payment continues to grow in acceptance in Asia Pacific. Hamburg-based market research company yStats.com says the use of third party operators in online payment is an especially fast growing practice in Asia Pacific countries. In China, authorities had issued 250 licenses to third party online payment operators by July 2013, though international player PayPal was still waiting for one. Even in cross-border e-commerce, the method most preferred by online shoppe…

APAC consumers increasingly pay online

Online payment increasing in APAC as more and more retailers and banks offer facilities.

Korean retailers in NFC trial

NFC service gains momentum in Korea.

x

SUBSCRIBE
FREE NEWS BRIEFS Get breaking news delivered