mobile payments asia Archives

Mobile payments for Beijing subway system launched with sound wave technology

04/18/201304/16/2013 Stephanie Beck

The new transaction process for commuter fare has been implemented using Alipay. Alipay has just announced that it has launched a new system for mobile payments within the Beijing subway that allows commuters to pay for their fares by having their smartphones communicate with ticketing machines by way of sound waves. The system itself was first released in January along with the Alipay Wallet app. This system of mobile payments has now been implemented into the Beijing subway. It uses the white noise that a smartphone generates in order to…

Mcommerce push made by PayPal proves beneficial to Hong Kong businesses

02/28/201302/26/2013 Jennifer Goula

Merchants in the region could find the company’s mobile services to be highly advantageous. One of the leading online payment companies in the world, PayPal, already boasts 123 million accounts with active users and is now stating that merchants in areas such as Hong Kong could be poised to increase their shipments due to the expansion of the service in order to cater to mcommerce. PayPal has announced that some of these newly included regions are among those experiencing the fastest growth. Online and mcommerce is taking off in areas…