Digital QR code ID cards headed to China

QR code ID cards - ID Card

The country’s e-governance is using a combination of quick response codes and smartphones for identification. China is launching a new type of QR code ID cards for its citizens to use, provided they don’t mind a digital facial scan. This marketplace is known for the success of its mobile payments and m-commerce systems. The popularity of mobile payments has reached the point that it is driving the country forward into becoming cashless. This has been a goal for many nations around the world, but China is doing it successfully. It…

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QR code payment fraud in China’s radar with new caps

china QR code payment fraud globe

As popular as the mobile transactions may be, the country’s central bank is issuing new security regulations. China’s central bank is rolling out new regulations to help prevent QR code payment fraud. Quick response codes have become exceptionally popular in the country but have exposed consumers to fraudulent activities from criminals. Some of the most popular mobile payments apps in China currently use the barcodes to complete transactions. Both WeChat and Alibaba’s AliPay – two of the largest mobile payments apps in the country – use QR code payment technology…

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Starbucks mobile payments to launch in China

Starbucks mobile payments card

The coffee giant has finally announced its intentions to expand its smartphone based experience in China. The Seattle-based coffee giant will finally be launching its Starbucks mobile payments in China. This expansion of its digital features has been long anticipated within that tremendous market. This will make it possible for customers to pay for orders using their smartphones. They will also be able to collect My Starbucks Rewards. The company announced the availability of this mobile commerce experience for over 2,200 Chinese locations. In a press release, Starbucks China president,…

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Apple brings mobile payments service to China

Apple mobile payments - Apple Pay

Apple Pay has launched in China, but may struggle to find success Apple has finally launched its new mobile payments service, called Apple Pay, in China, but the service has received a mixed response among consumers. The Chinese market is quite attractive for companies interested in mobile shopping, largely due to the rapidly growing number of consumers opting to use their smartphones to make purchases online. Apple has been working to break into the Chinese market, but has been met with some resistance from the country’s banks, which had shown…

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Apple and Samsung to bring mobile payments services to China

Apple Music app

Apple and Samsung have formed deals with UnionPay to enter China’s mobile payments market Apple and Samsung are set to compete with one another in China, which has become one of the world’s leading mobile payments markets. Both companies have managed to form deals with China’s UnionPay, one of the country’s largest banks. For Apple, this comes after a great deal of negotiation, where the company found resistance to its plans to enter into China’s mobile payments market. With an entry into the market, Apple predicts to find significant success…

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Apple seeks to bring mobile payments service to China

apple store mobile payments

Apple is talks with Chinese banks to bring mobile payments service to the country Apple is looking to release its mobile payments service, Apple Pay, in China in the relatively near future. The company is reportedly in negotiations with four of China’s largest banks, including Bank of China, and the Industrial & Commercial Bank of China. If Apple can form a deal with these financial institutions, iOS consumers in China will be able to use Apple Pay to purchase products, both in physical stores and online. Apple Pay enables iOS…

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China remains a leader in mobile payments

asia china mobile payments news

Many things set China’s mobile commerce sector apart from those in other countries China has become one of the world’s leading mobile commerce markets, surpassing the United States in terms of mobile transactions. This may be due to the difference that exist between the two countries, especially when it comes to population. Chinese consumers have also shown that they are more willing to participate in mobile commerce, having a higher degree of comfort with mobile technology. Chinese companies have been quite aggressive with their promotion of mobile payments as well,…

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Mobile payments through Alipay are wildly popular in China

alipay home page snapshot mobile commerce payments

Unlike in North America, where adoption of these transactions has been slow, Alibaba has seen massive Chinese success. Alibaba, the tremendous e- and m-commerce company in China has been watching the success of its affiliated mobile payments service, Alipay, simply taking off throughout the length of 2014. In the first 10 months of this year, the use of Alipay made up 54 percent of all of Alibaba’s transactions. This represented a growth in the use of the mobile payments service of 22 percent when compared to the figures from all…

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Apple Pay could make the leap into China’s mobile payments market

Apple maps mobile payments

CEO Tim Cook spent four days in the country and suggested that the service could be rolled out there. It may not be very long before Apple Pay rolls out in the tremendous Chinese market, as the CEO of the company, Tim Cook, suggested this about its mobile payments system when speaking to the state media. Cook explained that the launch of that service within China is at the “top of the list” for his company. Apple Pay was only just launched in the United States, this month, giving consumers…

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Alibaba takes majority of China’s mobile commerce market

china people mobile commerce

Alibaba continues to show how dominating it can be in the mobile market with its Alipay platform China’s Alibaba is quickly conquering the country’s mobile market. A growing number of consumers are beginning to turn to Alibaba when it comes to making large purchases and many are beginning to make these purchases through the company’s Alipay platform. The platform has become much more popular than similar solutions that are being offered by the country’s banks. The mobile services that banks offer to Chinese consumers are unreliable, which has been a…

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The battlefield for mobile commerce is set

qr code transactions mobile payments wallet tablet

Mobile commerce is becoming a matter of large versus small businesses Mobile payments are becoming more popular around the world and this popularity is growing at an alarming rate. Smartphones and tablets are becoming less expensive, but more technologically advanced, and more people are beginning to rely on these devices in their daily lives. Commerce is becoming more digital by the day and businesses that do not have some type of presence on the Internet are becoming more and more likely of being confronted by failure. As this trend continues…

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