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Tencent-Owned WeChat Adds In-App Support for China’s CBDC, Here’s Why
WeChat users in China will now be able to use the e-CNY CBDC to pay for eatables and bills via the multi-purpose app. Interested users will have to authorise their WeChat phone numbers with the government-controlled digital yuan wallet operator to activate the service.
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Tencent Is Bringing Content Creators to WeChat to Challenge TikTok's Dominance
WeChat Pay became the second-biggest player in China's mobile payment market within a year of its 2013 launch, behind Alipay which is owned by Jack Ma-founded Ant Group. Two sources familiar with Tencent said the importance of Channels has been repeatedly communicated within the company.
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China Tells Tech Giants to Stop Blocking Rivals' Links on Their Digital Platforms
China’s Ministry of Industry and Information Technology (MIIT) has asked tech giants such as Tencent, ByteDance, and Alibaba to stop blocking links rivals links on their digital platforms.
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TikTok-Parent ByteDance Says It Will Downsize Fintech Business, Plans to Sell Stock Broker Operations
ByteDance, the owner of TikTok, said that it would shrink its financial services unit and that it planned to sell its stock broking operations amid China's tightening grip on the financial technology sector.
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Apple, Google, WeChat Digital Wallets May Face New Regulation Laws in Australia
The Australian government is considering new laws that would tighten the regulation of digital payment services by tech giants such as Apple and Alphabet's Google.
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Chinese Apps Said to Face Subpoenas or Bans Under US President Joe Biden’s Order
US President Joe Biden's executive order aimed at safeguarding Americans' sensitive data would force some Chinese apps to take tougher measures to protect private information if they want to remain in the US market, according to people familiar with the matter.
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Alibaba’s Taobao, Tencent’s WeChat Pay, More Chinese Tech Giants Face New Anti-Monopoly Guidelines
China's market regulator released new anti-monopoly guidelines on Sunday that target internet platforms, tightening existing restrictions faced by the country's tech giants.
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TikTok Parent ByteDance Launches Douyin Pay Mobile Payment Service in China
ByteDance launched its third-party payment service for the Chinese version of its hit short video app TikTok, Douyin Pay, as it presses to expand into the e-commerce business in China.
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Chinese App Ban: China Criticises US President Donald Trump Order Against Eight Apps
China's government accused Washington of misusing national security as an excuse to hurt commercial competitors after President Donald Trump signed an order banning transactions with payment services Alipay and WeChat Pay and six other apps.
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Alipay, WeChat Pay Among 8 Chinese Apps Banned in US by Trump Order
US President Donald Trump signed an executive order banning transactions with eight Chinese software applications, including Ant Group's Alipay, the White House said.
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Donald Trump Orders Ban On WeChat Pay, Other "Chinese Apps"
US President Donald Trump on Tuesday ordered a ban on Alipay, WeChat pay and other apps linked to Chinese companies, saying they could route user information to the government in Beijing.
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TikTok and Its Employees Prepare to Fight Trump Over App Ban
TikTok and its US employees are planning to take President Donald Trump's administration to court over his sweeping order to ban the popular video app, according to a lawyer preparing one of the lawsuits.
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China Mobile Payment Giants Alipay, WeChat Open to International Cards
Alipay and WeChat Pay have started allowing overseas users to link their accounts to international bank cards, in a move cheered by foreign payment firms like Visa and Mastercard.
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Nepal Bans Alipay, WeChat Pay
Nepal's central bank has banned popular Chinese digital wallets Alipay and WeChat, an official said Tuesday.
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'Pay With Facebook' Option Appears for Some Facebook Users: Report
Facebook users in Italy are reportedly seeing a new payment method called 'Pay with Facebook' which includes a Bitcoin-like icon at the top.
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Tencent-Owned WeChat Adds In-App Support for China’s CBDC, Here’s Why
WeChat users in China will now be able to use the e-CNY CBDC to pay for eatables and bills via the multi-purpose app. Interested users will have to authorise their WeChat phone numbers with the government-controlled digital yuan wallet operator to activate the service.
-
Tencent Is Bringing Content Creators to WeChat to Challenge TikTok's Dominance
WeChat Pay became the second-biggest player in China's mobile payment market within a year of its 2013 launch, behind Alipay which is owned by Jack Ma-founded Ant Group. Two sources familiar with Tencent said the importance of Channels has been repeatedly communicated within the company.
-
China Tells Tech Giants to Stop Blocking Rivals' Links on Their Digital Platforms
China’s Ministry of Industry and Information Technology (MIIT) has asked tech giants such as Tencent, ByteDance, and Alibaba to stop blocking links rivals links on their digital platforms.
-
TikTok-Parent ByteDance Says It Will Downsize Fintech Business, Plans to Sell Stock Broker Operations
ByteDance, the owner of TikTok, said that it would shrink its financial services unit and that it planned to sell its stock broking operations amid China's tightening grip on the financial technology sector.
-
Apple, Google, WeChat Digital Wallets May Face New Regulation Laws in Australia
The Australian government is considering new laws that would tighten the regulation of digital payment services by tech giants such as Apple and Alphabet's Google.
-
Chinese Apps Said to Face Subpoenas or Bans Under US President Joe Biden’s Order
US President Joe Biden's executive order aimed at safeguarding Americans' sensitive data would force some Chinese apps to take tougher measures to protect private information if they want to remain in the US market, according to people familiar with the matter.
-
Alibaba’s Taobao, Tencent’s WeChat Pay, More Chinese Tech Giants Face New Anti-Monopoly Guidelines
China's market regulator released new anti-monopoly guidelines on Sunday that target internet platforms, tightening existing restrictions faced by the country's tech giants.
-
TikTok Parent ByteDance Launches Douyin Pay Mobile Payment Service in China
ByteDance launched its third-party payment service for the Chinese version of its hit short video app TikTok, Douyin Pay, as it presses to expand into the e-commerce business in China.
-
Chinese App Ban: China Criticises US President Donald Trump Order Against Eight Apps
China's government accused Washington of misusing national security as an excuse to hurt commercial competitors after President Donald Trump signed an order banning transactions with payment services Alipay and WeChat Pay and six other apps.
-
Alipay, WeChat Pay Among 8 Chinese Apps Banned in US by Trump Order
US President Donald Trump signed an executive order banning transactions with eight Chinese software applications, including Ant Group's Alipay, the White House said.
-
Donald Trump Orders Ban On WeChat Pay, Other "Chinese Apps"
US President Donald Trump on Tuesday ordered a ban on Alipay, WeChat pay and other apps linked to Chinese companies, saying they could route user information to the government in Beijing.
-
TikTok and Its Employees Prepare to Fight Trump Over App Ban
TikTok and its US employees are planning to take President Donald Trump's administration to court over his sweeping order to ban the popular video app, according to a lawyer preparing one of the lawsuits.
-
China Mobile Payment Giants Alipay, WeChat Open to International Cards
Alipay and WeChat Pay have started allowing overseas users to link their accounts to international bank cards, in a move cheered by foreign payment firms like Visa and Mastercard.
-
Nepal Bans Alipay, WeChat Pay
Nepal's central bank has banned popular Chinese digital wallets Alipay and WeChat, an official said Tuesday.
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'Pay With Facebook' Option Appears for Some Facebook Users: Report
Facebook users in Italy are reportedly seeing a new payment method called 'Pay with Facebook' which includes a Bitcoin-like icon at the top.
