Vipps cooperates with Alipay to provide tourists from china with more convenient payment options. The joint QR code payment system will see Norwegian mobile payments app Vipps cooperate with Chinese mobile payment app Alipay to allow Vipps payment to be used outside Norway as well as open up the system for mobile payments by Chinese tourists visiting the nation. Chinese tourism to Norway has soared since 2007. Between 2007 and 2017, Chinese tourism to the Nordic country has climbed a whopping 575%, according to national development bank Innovation Norway. The…
Read MoreTag: chinese mobile payments
Chinese mobile payments taking off as country moves toward cashlessness
A growing number of cities throughout the nation are accepting smartphone transactions for public transit. Chinese mobile payments are becoming increasingly valuable as residents, merchants and services adopt its use on a rising basis. During the quarter running from July through September 2017, their value tripled. Alipay and WeChat Pay use has been spreading like wildfire throughout Chinese cities. Consumers are using these Chinese mobile payments apps to pay for products, services, tickets and even high yield financial products. During that same quarter, the transactions in the country totaled an…
Read MoreChinese mobile payments are driving the country toward becoming cashless
People in the country have used cash for thousands of years but smartphones are rapidly replacing it. Chinese mobile payments are quickly gaining ground as the country goes increasingly cashless in favor of smartphones. Despite the popularity of cash and the fact that it has been used in China for millennia, its days may be numbered. This move toward mobile wallets is allowing much of the country to skip the use of plastic credit cards. In May, the Trump administration celebrated a bilateral deal with China, allowing American credit cards…
Read MoreApple Pay could make the leap into China’s mobile payments market
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…
Read MoreAmerican Express makes a move on Chinese mobile commerce
Mobile payments continue to grow in China Mobile commerce is making strong progress in China. A growing number of people are using their mobile devices to shop online and this is putting pressure on businesses to become more mobile-centric or risk being left behind by consumers. American Express has announced its partnership with China Mobile, the largest telecommunications company in China. Through this partnership, the two companies will work to promote Hebao, an NFC-based mobile payments system. Hebao aims to make it easier for Chinese consumers to make payments while…
Read More