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Get the latest of Alipay and WeChat Pay global expansion and adoption

CITCON Introduces Pay by Link, a ready to use online payment tool to accept remote payments

CITCON Introduces Pay by Link, a ready to use online payment tool to accept remote payments

We know accepting payments from VIP/personal shoppers who place bulk orders, or individual / business customers who pay by wire transfer, checks or credit cards…

admin April 23, 2020
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
Support for our clients and partners during the COVID-19 outbreak

Support for our clients and partners during the COVID-19 outbreak

Dear Valued Clients and Partners,    With the rapid development of COVID-19 around the globe, we understand how tough it is for businesses. Given the…

admin March 19, 2020
China Retail Briefing

China Retail Briefing

  NEWS & INSIGHTS   Double 11 - The Chinese Shopping Extravaganza that You Can't-Miss Chinese people are serious about their holidays, thus they…

admin November 7, 2019
China Retail Briefing

China Retail Briefing

  NEWS & INSIGHTS   Are You Missing out on the Massive Revenue Potential of China’s Singles Day? What is Singles Day Shopping Spree and how should…

admin October 24, 2019
China Retail Briefing

China Retail Briefing

China Digital Consumer Trends 2019 China’s rise as a global leader in ecommerce has been nothing less than stunning. This year, online retail sales are expected…

admin October 8, 2019
Fintech Disruptors from the East

Fintech Disruptors from the East

Business Insider’s recent report on “Fintech Disruptors from the East,” highlights Ant Financial and Tencent’s rapidly growing financial services ecosystems.…

admin June 18, 2019
Rapid Growth in Demand for Online Services in China

Rapid Growth in Demand for Online Services in China

Online services are one of the fastest expanding industries in China. Chinese consumers and companies are more willing to pay for online services than before. It…

admin May 28, 2019
Consumer Electronics Consumption Is on the Rise in China

Consumer Electronics Consumption Is on the Rise in China

Chinese consumers are becoming more aware of international brands, which is reflected in the increased demand for overseas products. High-quality food, cosmetics,…

admin May 28, 2019
China’s Lap of Luxury

China’s Lap of Luxury

China’s affluent upper-middle class is an enticing prospect for the world’s designer brands. The global luxury industry has become increasingly reliant on China’s…

admin May 25, 2019
The Demand for Foreign Baby Care Products in China

The Demand for Foreign Baby Care Products in China

The baby care industry in China has grown steadily since China ended its One Child Policy in 2016. The total sales of baby care products are predicted to rise at…

admin May 17, 2019
Just for the Health and Wealth of It

Just for the Health and Wealth of It

China boasts a booming middle class and higher incomes across the board. As a result, Chinese consumers aren’t just buying more, they are more selective, demanding,…

admin May 10, 2019
The “Beauty” of China Cross-Border E-Commerce

The “Beauty” of China Cross-Border E-Commerce

Chinese consumers like to buy premium quality imports — from luxury and fashion, beauty and skincare, mom and baby goods, electronic products, to healthcare…

admin May 3, 2019
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
The Hospitality Industry's 1 Weakness When It Comes to Chinese Consumers

The Hospitality Industry's 1 Weakness When It Comes to Chinese Consumers

The U.S. hospitality industry alone is a multi-billion market. While it primarily relies on the consumers overall leisure time and disposable income, there’s plenty…

admin July 2, 2018
Western Retail Companies Need to Offer Mobile Payment Options - Or Risk Losing Chinese Consumers

Western Retail Companies Need to Offer Mobile Payment Options - Or Risk Losing Chinese Consumers

The past few years retail companies in the U.S. and Europe probably noticed an uptick in sales from Chinese consumers. That’s because this demographic is traveling…

admin June 27, 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…

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…

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. Even…

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

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