Where you can find latest payment news, trends & more!

How do Chinese tourists shop abroad?

access_time 03/14/2018 person Jing Sun
The United Nations World Tourism Organization, in terms of spending, China ranks as the top tourism source market, making China the top-spending country. The average spend has also continued to increase rapidly. In 2016, 122 million Chinese ...

Have you heard about Red Envelope in the Chinese culture?

access_time 03/02/2018 person Jing Sun
At Chinese New Year, it’s tradition to give a bright, beautiful red envelope (known as 紅包, hóngbāo) filled with money to their friends and family. It symbolizes good wishes and luck for the new year ahead.

WeChat Pay, a mobile payment storm from China

access_time 02/06/2018 person Jing Sun
With over 960 million active monthly user accounts, Wechat, a powerful mobile application created by Tencent in 2011, is overturning not only the way people connect with each other, but also daily commerce in China. Now, having matured in Eastern ...