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Facebook unveils group payments in messaging app

US Facebook Messenger app users can now transfer cash to groups of people within the app.

  • Tech trends

China’s Tencent attracts 830 million mobile payment users

According to the company, more than 800 million mobile users are on Tencent, a figure which has rapidly grown as the internet service giant taps into its WeChat messaging app user base.

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Payment service providers need to change to survive cross-border markets

With retail sales at an all-time high globally (according to data from eMarketer, total retail sales hit $22 trillion worldwide in 2016, a 6% increase from 2015), payment service providers (PSPs) will have to deliver more to the merchant acquirers than ever before.

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APAC’s future is both cutting-edge and steeped in tradition

by Nick Tubb, General Manager, Ingenico ePayments Asia Pacific

 

 

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China shows us the future of e-commerce

China is charging ahead to the future of e-commerce, heralding a combination of mobile commerce, social commerce and entertainment commerce. 

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Chinese web stores prove popular amongst Russian shoppers

Orders from Chinese online retailers are helping Russian e-commerce hit new heights, with the market set to reach €14.85 billion in 2016.

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