China mobile payments maintain rapid growth in Q3 — Xinhua — “Banks in the country processed 27.27bn mobile payment transactions in the period, up 61.05% year on year, said the People’s Bank of China in a report. The value of these transactions increased by 31.52% from the same period of last year to 86.11tn yuan (about US$12.2tn). Meanwhile, online payment transactions by the non-banking institutions were valued at 63.99tn yuan in Q3, up 23.04% year on year.”
- Chinese banks and carriers to pilot central bank digital currency
- Danish office workers pilot face recognition payments
- Canadian credit unions add Google Pay support for domestic debit cards
- One in three Canadians make mobile contactless payments ‘on a regular basis’
- WeChat Pay lets users charge in-store mobile payments to their credit card
