China UnionPay has reported an increase in the number of Chinese consumers using their bank accounts to make mobile payments... More
Fast food chain KFC and Chinese internet giant Baidu have opened a smart restaurant in Beijing’s Financial Street that uses facial recognition to make menu suggestions to new customers based on their gender, age and mood, and recommendations to returning customers based on items they have ordered in the past... More
China’s Baidu has launched its Baidu Wallet mobile payment service in Thailand, enabling Chinese tourists to pay for goods and services there with their mobile phone... More
People’s Bank of China has proposed new regulations that could force internet companies Alibaba, Tencent and Baidu to offer each others’ online payment services alongside their own... More
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