Latest Press Releases
Jan. 29, 2019
CITCON and Aurus Partner to Deliver Chinese Mobile Wallet Solutions to Enterprise Retailers
CITCON, and East West Bank today announced a strategic alliance to offer Chinese mobile wallet solutions featuring Alipay and WeChat Pay to merchants in the U.S. Through this alliance, East West Bank customers will have access to the CITCON mobile wallet payment solutions designed for optimizing and growing business with Chinese consumers.
Jan. 14, 2019
CITCON Expands the Service Scope of UnionPay QR Code Payment in North America
CITCON announced the partnership with UnionPay International and the introduction of UnionPay QR Code payment to more merchants in North America. The addition and integration of UnionPay QR Code payment onto CITCON’s platform, in addition to enabling acceptance of UnionPay’s debit and credit cards, and other payment solutions preferred by Chinese consumers, brings merchants a one-stop solution to accept all major payments from Chinese consumers; and marks CITCON as one of the first fully integrated payment solution providers in North America to offer all major Chinese mobile payment options.
2018 Trends for Mobile Payment in Chinese Outbound Tourism
By Nielsen and Alipay
In 2018, mobile payment in the Chinese outbound tourism market saw an increase in both the rate of use and the proportion of transactions. More than two-thirds (69%) of Chinese tourists paid with their mobile phones while abroad. On their most recent trips overseas, Chinese tourists surveyed paid for 32% of transactions using mobile payment, overtaking cash for the first time.
Integrating Mobile Payments to Attract New Customers from China
By East West Bank
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 $1 trillion in 2019, with China leading the way.
US merchants adopt Chinese app payments to draw big spenders
By Nikkei Asian Review
For merchants, the advantages of accepting Alipay and WeChat Pay extend beyond facilitating transactions. While the apps may have begun as digital wallets, they have evolved into lifestyle apps, allowing users to book flights, rent bicycles, review restaurants and more.
U.S. Tourism and Hospitality Stakeholders Embrace Chinese Mobile Payments
By Jing Travel
By offering familiar, cashless mobile payment options like Wechat Pay and Alipay, Chinese travelers in the U.S. can more conveniently make purchases without the hassles of currency exchange or ensuring their credit or debit cards function.