China’s Baidu enters strategic partnership with Paypal to tap Chinese tourists

China’s Baidu enters strategic partnership with Paypal to tap Chinese tourists — Reuters — “Baidu’s payment platform, Baidu Wallet, will be accepted by roughly 17 million PayPal merchants globally, the Chinese firm said in a statement on Thursday. ‘Partnering with PayPal on technology and product innovation will provide Baidu users with the ultimate cross-border consumer experience,’ said Baidu senior vice president Guang Zhu.”


UnionPay reports growth in QR code mobile payment volumes

UnionPay reports growth in QR code mobile payment volumes — UnionPay International — “The cross-border transaction volume of mobile QuickPass, the UnionPay mobile payment product, doubled in the first half of this year. More notably, more overseas customers are using mobile QuickPass. The transaction volume of mobile QuickPass used locally in Hong Kong and Macau more than tripled and the transaction of mobile QuickPass by Hong Kong and Macau cardholders in mainland China grew by over seven times year-on-year.”






Mozido buys PayEase

Mobile payments platform provider Mozido has acquired Chinese cross-border payment gateway provider PayEase with the aim of introducing its mobile payments and retail marketing solutions into the Chinese market... More




Jetco picks Gemalto for NFC payments

Jetco logo

Hong Kong’s Joint Electronic Teller Services Limited — Jetco — is to use Gemalto’s LinqUs trusted service management platform for the NFC payments service it is to offer consumers via its 30 member banks... More








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