Alibaba checks in simple hotel booking

Hotel customers with high credit scores will be able to book rooms on Alibaba’s online travel booking platform Alitrip without having to provide their credit card for room deposits and bypass check-out with payments automatically deducted from their Alipay accounts... More




Alipay offers transport passes

Alipay is making it possible for Chinese tourists to purchase transport passes for Singapore, Thailand and Macau ahead of travel and then collect them by scanning a barcode on their mobile phones at booths and kiosks at their destination... More


CUP moves to block Alipay

China UnionPay (CUP), the country’s official card payments network, has issued notifications to its member banks to tell them “to avoid working with third-party payment services like Alipay”, Want China Times reports... More


A million consumers sign up for Apple Pay in first 72 hours

Apple CEO Tim Cook

Apple Pay saw more than one million card activations within 72 hours of launch and is already the leading NFC payments player in the US, Apple CEO Tim Cook has revealed during the Wall Street Journal’s WSJDLive event. Cook also outlined future growth plans for the service, including a potential partnership with Chinese ecommerce giant Alibaba. More


US payments body hits out at Rite Aid and CVS

ETA - the Electronic Transactions Association

“The decision by CVS and Rite Aid to block mobile payments services like Apple Pay, Google Wallet and Softcard is anti-consumer and anti-competitive,” says US-based trade body the Electronic Transactions Association (ETA), following the MCX consortium members’ decision to stop accepting NFC payments... More



Alipay Wallet hits 190m users

Alibaba-owned online payments giant Alipay’s Alipay Wallet app now has 190 million active users in China who use the solution to shop online via their smartphones, pay bills and pay for public transport... More



Alipay adds fingerprint security

Chinese online payments giant Alipay has adopted Nok Nok Labs’ S3 Authentication Suite, enabling customers with a Samsung Galaxy S5 to use the fingerprint sensor (FPS) on their device to authenticate payments... More



Alipay tests virtual credit card

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... More


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