by Editor | May 1, 2024 | Business in China, China Ecommerce, Digital Marketing in China, Market Research in China, Selling in China
Union Pay is the state run credit and debit card system with the largest reach in China and overseas. Online, it is competing with AliPay and WeChat. History Union Pay is China’s state sponsored debit and credit card provider which has been enjoying complete...
by Editor | Apr 24, 2024 | Business in China, China Ecommerce, Digital Marketing in China, Market Research in China, Selling in China
WeChat Pay is the payment system that grew out of WeChat super app. Nowadays, just like Alipay, it is widely used for both online and offline payments. History WeChat Pay is a relative newcomer among Chinese payment systems but it managed to gain traction almost...
by Editor | Apr 17, 2024 | Business in China, China Ecommerce, Digital Marketing in China, Market Research in China, Selling in China
AliPay is the largest Chinese online payment system for both online and offline transactions. It is the primary payment method of China’s ecommerce. History AliPay was developed by Alibaba as the expansion of its ecommerce platforms – Taobao and Tmall. It...
by Editor | Apr 10, 2024 | Business in China, China Ecommerce, Digital Marketing in China, Featured, Market Research in China, Selling in China
Understanding the ecosystem of Chinese payment systems is a prerequisite to setting up a successful sales strategy in this market. It is also one of the many aspects of Chinese market that is considerably different from what we are familiar with in other markets....
by Editor | Jan 17, 2024 | Business in China, China Business News, China mobile marketing, China technology, Infographic, Market Research in China
Chinese digital payment systems are helping to create a true cashless society and it’s happening faster then anywhere else in the world. The rapid adoption of digital payment systems continues to transform Chinese economy and society in unprecedented ways....
