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Singles' Day

Two news stories about Singles' Day


What's New in Payments

China to begin issuing digital currency in November?

By Sarah Clark • 2 September 2019 • nfcw.com

The People’s Bank of China (PBOC) is preparing to launch a central bank-backed digital currency on 11 November, according to a Forbes report — and is to kickstart usage by distributing it to UnionPay, Tencent, Alibaba and several Chinese banks in time for consumers to use it on Singles Day, the country’s busiest shopping day... More


What's New in Payments

More than 1bn Alipay payments made on Singles’ Day

By Rian Boden • 15 November 2016 • nfcw.com

More than one billion online and offline transactions were made through Alipay at this year’s Singles’ Day Shopping Gala, an increase of 48% from 2015, with the peak number of transactions standing at 120,000 in a single second... More


Feed for stories about Singles' Day.

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New in the Knowledge Centre

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  • Emirates NBD rewards customers for adopting contactless payments

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