China

💪 Cambodia 🇰🇭: Cross-Border QR Payments Arrive via Alipay+ Members Public

💪 Cambodia 🇰🇭: Cross-Border QR Payments Arrive via Alipay+ Transactions will be conducted through the Bakong payment system of the NBC, in collaboration with the Chinese holding company Ant International 🇨🇳. The central bank of Cambodia has already granted its approval. ▶️ Beneficiaries of this partnership will include users of 12 international payment applications,

Morgan Ellis
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🤓 It’s been a while since we’ve seen the Chinese! 🇨🇳 Alipay+ shines in international tourism Members Public

🤓 It’s been a while since we’ve seen the Chinese! 🇨🇳 Alipay+ shines in international tourism Why this growth? The answer is simple: "A" for "Adaptability" and "I" for "Integration" with local payment systems. Currently, Alipay+ partners with 30 payment platforms, connecting

Morgan Ellis
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🏴‍☠️ Chainalysis Report: Top Cryptocurrency Scams of 2024 Members Public

🏴‍☠️ Chainalysis Report: Top Cryptocurrency Scams of 2024 Chinese CSAM networks, "Pig Butchering," and much more. But *Ponzi schemes* are no longer in vogue. 🔼 “Big Game Hunting”: The average amount of cryptocurrency stolen in robberies has increased by nearly 80%. This is partly due to the rising value of

Morgan Ellis
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👀 China 🇨🇳: Supreme Court Revises Anti-Money Laundering Law to Include Virtual Assets Members Public

👀 China 🇨🇳: Supreme Court Revises Anti-Money Laundering Law to Include Virtual Assets Income conversion and transfer from digital transactions will now be regulated under rules that prohibit “concealing the origin and nature of illegally obtained income and its benefits by any means”. ➡️ Historical context: The “Anti-Money Laundering Law” was approved on

Morgan Ellis
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🤝 Spanish financial conglomerate ABANCA🇪🇸 partners with Alipay+🇨🇳 Members Public

🤝 Spanish financial conglomerate ABANCA🇪🇸 partners with Alipay+🇨🇳 As a result of this partnership, ABANCA's commercial clients using Alipay+ will be able to accept payments from users of 15 major Asian and European digital wallets both in online and physical stores via POS terminals. ⏺This collaboration will enable ABANCA&

Morgan Ellis
Asia

⛔️ Chinese conglomerate Tencent🇨🇳 suspends WeChat Pay operations in Malaysia🇲🇾 Members Public

⛔️ Chinese conglomerate Tencent🇨🇳 suspends WeChat Pay operations in Malaysia🇲🇾 The company is adjusting its business strategy in Malaysia, focusing on cross-border payments in yuan. ➡️ WeChat Pay Malaysia stopped accepting new e-wallet registrations on August 1st and will cease offering local payment services starting September 1st of this year. ➡️ Why❓— The

Morgan Ellis
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⚡️UnionPay🇨🇳 expands its network of benefits for travelers in Europe Members Public

⚡️UnionPay🇨🇳 expands its network of benefits for travelers in Europe Exclusive offers, exchange rate discounts... The Chinese payment system is making every effort to enhance the user experience across Europe. ➡️ The move towards visa-free travel has significantly boosted tourism to and from China, leading to rapid growth in demand for

Morgan Ellis
news

🌴UnionPay🇨🇳 partners with BankservAfrica: positive banking growth dynamics are evident. Members Public

🌴UnionPay🇨🇳 partners with BankservAfrica: positive banking growth dynamics are evident. It's been a while since we had any news about Africa... And here we have a reason. BankservAfrica is the largest automated clearing house on the continent, responsible for the clearing and processing of billions of small transactions

Morgan Ellis
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