Learn how to use China's digital renminbi (e-CNY) for payments during your travels, including setup, limits, and where it's ...
HONG KONG, CHINA - MAY 17: Staff members of Bank of Communications involved in the cross-boundary e-CNY pilot program display the e-CNY wallets on May 17, 2024 in Hong Kong, China. Hong Kong will ...
Although Africa’s trade with China is rapidly deepening, the two regions have been held back for years by slow, expensive international payment systems that rely heavily on the US dollar. That ...
Transaction volumes of inbound travelers using Ant-supported cross-border mobile payment services grew by sixfold year-on-year Ant Group adds new international mobile payment partners to facilitate ...
Forbes contributors publish independent expert analyses and insights. I write about how fintech is disrupting the financial industry in Asia. China’s cashless evolution is a remarkable story, as the ...
People’s Bank of China (PBoC) governor, Pan Gongsheng, emphasized blockchain’s role and distributed ledgers for global payments at the Lujiazui Forum event on June 18. Pan said China will establish an ...
UnionPay International (UPI) has initiated a pilot program for cross-border QR code payments between China and Indonesia. This project aims to streamline digital transactions, fostering stronger ...
HONG KONG/FRANKFURT, March 31 (Reuters) - China's launch of its international payment system (CIPS) this the year should end the monopoly that China's yuan clearing banks enjoy, giving foreign banks a ...