Some of Alipay’s users will be able to participate in the emerging digital yuan commerce ecosystem, according to the company. This new feature is the result of MYbank’s participation in the country’s expanded digital currency electronic payment testing protocols. According to a report published on Monday by China Securities Journal. Ant Group’s involvement in China’s […]
Alibaba has announced that a Pakistani financial firm has selected Alipay to introduce a blockchain-based remittance service in Pakistan. As reported, this is a first of its kind service in the country that is expected to cut down transaction costs and enable users track their remittances at every step.
After the recent warning on Initial Coin Offerings (ICO) by higher regulatory agencies of China, WeChat Pay and Alipay came up with their strategic measures to regulate the problematic platform. The former outlined three main strategies & the latter made it clear that any such activity will result in a permanent ban of Alipay account.