china

China, officially the People's Republic of China, is a country in East Asia and the world's most populous country, with a population of around 1.404 billion in 2017. Covering approximately 9,600,000 square kilometers, it is the third or fourth largest country by total area.

Top News In Payments: China Allows PayPal To Operate; Mastercard Outlines Blockchain Intentions

Top News In Payments: China Allows PayPal To Operate; Mastercard Outlines Blockchain Intentions
Top News In Payments: China Allows PayPal To Operate; Mastercard Outlines Blockchain Intentions
October 17, 2019  |  News

In today’s payments news, China has allowed PayPal to operate in the country with its purchase of a majority stake in GoPay. Also, Mastercard has outlined...

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Chinese Shoppers Will Have PayPal Access By Year End
Chinese Shoppers Will Have PayPal Access By Year End
October 16, 2019  |  Cross-border Payments

With its purchase of a majority stake in GoPay, China has allowed PayPal to operate in the country. According to a report by the Financial...

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What’s Behind The Drop In US Retail Sales?
What’s Behind The Drop In US Retail Sales?
October 16, 2019  |  Retail

Retail sales in the U.S. decreased 0.3 percent September 2019, the first such decline in seven months, according to figures released Wednesday (Oct. 16) by...

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Paytm Poised To Raise $2B To Counter Rivals
Paytm Poised To Raise $2B To Counter Rivals
October 14, 2019  |  Investments

India payment service Paytm has almost closed a deal to get $2 billion in a new financing round in preparation for competition with a slew...

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Amid China’s Slowdown, Consumers Root For The Home Team (Of Retailers)
Amid China’s Slowdown, Consumers Root For The Home Team (Of Retailers)
October 14, 2019  |  Cross-border Payments

In retail and in eCommerce, to make inroads into a new market is challenging … especially if consumers root for the home team. Get the...

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China’s Club Factory Raises $100M To Grow Online Sales In India
China’s Club Factory Raises $100M To Grow Online Sales In India
October 13, 2019  |  eCommerce

Chinese eCommerce platform Club Factory has raised $100 million in a Series D funding round as it plans expansion into India, sources reported on Friday...

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Russian Central Bank Says ‘Nyet’ To Digital Crypto
Russian Central Bank Says ‘Nyet’ To Digital Crypto
October 10, 2019  |  Cross-border Payments

The Chief of Russia’s Central Bank Elvira Nabiullina said she doesn’t see any pertinent or obvious reason to create a national digital currency, according to...

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Ingenico Partners With Alipay, WeChat Pay To Enable Mobile Payments In China
Ingenico Partners With Alipay, WeChat Pay To Enable Mobile Payments In China
October 10, 2019  |  eCommerce

Global payments firm Ingenico Group is launching a suite of payment methods to help eCommerce firms operating in China, the company announced in a press...

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