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How Coronavirus Could Change the US Gift Card Landscape

How Coronavirus Could Change the US Gift Card Landscape

  The stay-at-home orders that have been issued in most US states amid the coronavirus pandemic have shuttered all but essential retailers, creating…

admin April 20, 2020
How Retailers And Payments Providers Are Changing To Help Consumers Shop Safely During The Coronavirus Pandemic

How Retailers And Payments Providers Are Changing To Help Consumers Shop Safely During The Coronavirus Pandemic

Firms are trying to minimize contact with others and shared surfaces to limit the spread of the coronavirus by altering the in-store payment process. MasterCard…

admin April 6, 2020
2018 Trends for Mobile Payment in Chinese Outbound Tourism

2018 Trends for Mobile Payment in Chinese Outbound Tourism

Traveling abroad is no longer a luxury for many Chinese citizens as they are now enjoying rising incomes and better living standards. According to the latest statistics…

admin January 25, 2019
How Western Retailers Can Adapt to Chinese Consumers' Love of Mobile Payments

How Western Retailers Can Adapt to Chinese Consumers' Love of Mobile Payments

Smartphones have revolutionized our lives more than almost any invention in the past 15 years. They’ve improved the way we receive our news, keep up with work…

admin July 6, 2018
China Has A $1 Trillion Ecommerce Market - Here's How Western Companies Miss Out On Their Share of Customers

China Has A $1 Trillion Ecommerce Market - Here's How Western Companies Miss Out On Their Share of Customers

The last two years have been dubbed the period that Chinese ecommerce shoppers officially took off. A report by Nielsen showed that from “a 12-month rolling average…

admin July 3, 2018
Integrating Mobile Payments to Attract New Customers from China

Integrating Mobile Payments to Attract New Customers from China

There is no denying that mobile payments—and mobile wallets—are the future. The total revenue of the global mobile payment market is supposed to surpass…

admin May 31, 2018
THREE QUESTIONS With Wei Jiang, COO of Citcon

THREE QUESTIONS With Wei Jiang, COO of Citcon

BY REBECCA RENNER April 27, 2018 Wei Jiang is the president and chief operating officer of Citcon, Inc., a mobile payment and marketing platform that connects…

admin April 27, 2018
US merchants adopt Chinese app payments to draw big spenders

US merchants adopt Chinese app payments to draw big spenders

A display promotes WeChat Pay and Alipay during the Money 20/20 conference in Las Vegas, Nevada. © Reuters   NEW YORK — In China, Zhang Youtian does not…

admin December 19, 2017
U.S. Tourism and Hospitality Stakeholders Embrace Chinese Mobile Payments

U.S. Tourism and Hospitality Stakeholders Embrace Chinese Mobile Payments

With over one billion users combined, two of the largest digital payment providers, Wechat Pay and Alipay, have finally launched their technology in the United States.…

admin November 23, 2017
In Urban China, Cash Is Rapidly Becoming Obsolete

In Urban China, Cash Is Rapidly Becoming Obsolete

A Shanghai clothing market that allows customers to pay using the apps Alipay and WeChat.Credit Yuyang Liu for The New York Times SHANGHAI — There is an audacious…

admin August 2, 2017
Burberry, LVMH among luxury brands testing WeChat sales in China

Burberry, LVMH among luxury brands testing WeChat sales in China

Dive Brief: Several luxury brands are joining more affordable ones in experimenting with sales on Chinese messaging app WeChat, The Wall Street Journal reports.…

admin May 30, 2017
Tencent extends WeChat Pay to the US with focus on Chinese tourists

Tencent extends WeChat Pay to the US with focus on Chinese tourists

Chinese internet giant Tencent Holdings, which runs one of the country’s most widely used mobile payment tools, has taken its cashless payment system to the…

admin May 8, 2017
WeChat expands in US, EU

WeChat expands in US, EU

China’s most popular messaging service provider WeChat, owned by Tencent Holdings, is expanding in the EU and the US in a bid to find more mobile payment opportunities…

admin May 7, 2017
A Complete Guide to Alibaba’s Cross-Border Payment Solution: Alipay ePass Program

A Complete Guide to Alibaba’s Cross-Border Payment Solution: Alipay ePass Program

China’s fast-growing cross-border e-commerce market represents an exciting opportunity for international brands hoping to expand their businesses, and e-commerce…

admin April 24, 2017
WeChat takes in new partnership to bridge gap with the US

WeChat takes in new partnership to bridge gap with the US

For many in China, WeChat has become a way of life for communication, entertainment and making payments. But its impact in the U.S. has so far been limited. That…

admin April 14, 2017
Alipay’s Latest North America Payments Move

Alipay’s Latest North America Payments Move

Citcon and Alipay have announced a partnership that will enable millions of merchants in North America to accept one of China’s most popular mobile payment methods.…

admin February 27, 2017

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