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1.
China's Bankcard Consumer Confidence Keeps rising
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(Data Shorts)
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Recently, China UnionPay (CUP) and Xinhua News Agency jointly released the Xinhua • CUP Bankcard Consumer Confidence Index (BCCI) for March 2013. It shows that the BCCI is currently at 87.20, growing by ...
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Created on 17 May 2013
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2.
New “Mobile Wallet” Scheme in 2013
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(Insight)
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... so that users can pay for anything through mobile phone just as they use their bankcards.
At the same time, CUP soon realized that it also needed large user base than MNOs brought to the table in order ...
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Created on 10 March 2013
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3.
Notes from The Bloomberg / Hedge Fund Association (HFA) Shanghai Panel Event
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(Insight)
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... not really suitable for large scale financing.
Normally, hedge funds enter China through retail trading such as opening private accounts using Chinese citizen’s ID cards, which is within the grey area ...
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Created on 06 January 2013
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4.
Webinar - China's Credit Card Industry 2012, What's next?
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(Webinars)
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China traditionally has been a very cash based society. When credit cards first started to appear on the market, uptake was slow and banks struggled to find a business model that worked. Several years ...
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Created on 21 November 2012
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5.
Webinar - China's Online Payment Market in 2012
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(Webinars)
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... delivery', but this is rapidly changing as online payment providers start to fill the gap.
Before 2011, like prepaid cards, online payment providers were largely unregulated and the market was booming. ...
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Created on 09 August 2012
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6.
Pre-paid Card Webinar Recording now available
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(Kapronasia News)
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A recording of Kapronasia's Prepaid Cards in China webinar is now available for viewing on Kapronasia.com. To access the recording, click on the webinar link at the top of the website. ...
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Created on 24 July 2012
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7.
WTO Dispute May Accelerate China’s Liberalization
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(Insight)
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... payment card transactions. The specific areas where the panel determined that China had discriminated against foreign bank card suppliers are that 1) China requires all payment cards issued in China to ...
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Created on 24 July 2012
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8.
Webinar - China's Prepaid Card Market in 2012
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(Webinars)
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As many of you know, prepaid, or stored value cards are an important part of the payments market in China. Before 2011, prepaid cards were largely unregulated products and were thriving all over China. ...
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Created on 19 July 2012
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9.
Top-5 Current Trends in China's Payments Industry
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(Insight)
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... TV shopping, VOD (Video on Demand) and ticket ordering.
So far, 196 third-party companies have received payment licenses from the PBOC, covering online payments, prepaid cards, mobile payments, acquiring ...
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Created on 04 July 2012
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10.
Total credit card consumption continues to grow reaching RMB4.1T in 2011
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(Data Shorts)
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According to China’s Credit Card Report of 2011, the total number of credit card reached 290 million and the total value of consumption by credit card was 4.1 trillion RMB in 2011, accounting for 22.6% ...
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Created on 05 June 2012
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11.
China's bank card circulation grew 5.2% quarterly to 3.1 billion
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(Data Shorts)
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According to the latest China’s Payment Report from People’s Bank of China, up to 2012 Q1, the total number of bank card in circulation grew 5.2% quarterly to 3.1 billion, reaching about 2 bank cards ...
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Created on 25 May 2012
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12.
Trunkbow and CUP partner to offer online to offline (OTO) payment services, but is it value add?
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(Insight)
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... than traditional payment means, such as bankcards and even cash, as no additional value-add services are provided by barcode payment.
In this Trunkbow case, though the new POS payment method is creative, ...
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Created on 13 April 2012
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13.
Prepaid card recycling in China
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(Insight)
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... business model though, has to go to the huangniu that are involved in the pre-paid card industry.
As we discussed in previous commentaries, pre-paid cards in China are very popular and are often given ...
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Created on 30 January 2012
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14.
A Status update on China’s Prepaid Card Industry
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(Insight)
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... the end of 2009, the total funds of prepaid cards in circulation reached 1,093 billion Yuan, with 1.75 billion transaction volume and a stored value totaling nearly 40 billion Yuan, according to a report ...
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Created on 10 August 2011
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15.
China Union Pay’s Online Payment Platform
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(Insight)
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... of Union Pay Cards across China is an essential responsibility of Union Pay who, since 2002, has managed the inter-bank transaction settlement platform for commercial banks, merchants and cardholders throughout ...
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Created on 02 August 2011
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16.
Selling consumer data - how much is fair?
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(Insight)
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... behavioural data comes from transit cards. Most major cities with a transit system have some form of stored value card that you load with money, and with a simple wave of your purse or wallet, board metros, ...
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Created on 12 August 2010
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17.
Is Alipay A Difficult Business Partner?
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(Insight)
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... with Alipay brings the Chinese banks profits in a way that as the most recognised online payment tool, Alipay is tied to both credit cards and debit cards issued by the banking partners, which maintains ...
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Created on 28 January 2010
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18.
Payment Cards in China: Plastic future?
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(Insight)
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A look at the current payment card market in China in the face of the current global economic crisis Currently there are over 1.2 billion payment cards in circulation in China, which equates to just under ...
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Created on 30 April 2009
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19.
Contactless in China
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(Insight)
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... have always subscribed to the ‘cash is king’
mentality. For them, the security, convenience of cash and old habits
have slowed the adoption of mobile/NFC payments. Transportation cards
however are an exception, ...
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Created on 07 February 2008
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20.
Plastic China
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(Insight)
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According to a recent statistic published by China Union
Pay, Chinese banks have issued more than 1.3 billion debit, credit and ‘quasi’-credit
cards through the end of September. This
means that, on ...
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Created on 07 November 2007
