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    News in brief

    Alipay tests virtual credit card

    News in brief

    Chinese online payments giant Alipay is testing a mobile app based virtual credit card service called Xinren Bao that features customised credit limits based on a user’s shopping history and a 38-day interest-free period on all purchases, Marbridge Consulting reports. Xinren Bao is currently in closed beta testing and Alipay has declined to provide confirmation or details to NFC World+ at this time.

    Filed by Email Rian Boden Published • Last updated 3 July 2014, 16:25

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