China’s push towards creating a cashless society is meeting some resistance from the country’s central bank. Late last year, the People’s Bank of China (PBOC), the country’s central bank ...

You can finally enjoy the seamless, cashless payment experience that you may have heard about for years and avoid the awkward interaction of asking your local friends to pay and giving them paper ...

China is testing a digital yuan, aiming to accelerate the replacement of cash and increase state control in a society where digital payments via Wechat Pay and Alipay are already the norm. Here ...

Consumers there are finding convenience and security in using smartphones to pay. An estimated $5.5 trillion was spent through mobile platforms in 2016, about 50 times the amount in the U.S.

36Kr, one of China’s most prominent tech news sites, saw its shares tumble 10% in its Nasdaq debut on Friday. The company generates revenue from subscriptions, advertisements and enterprise ...

China is testing a digital yuan, aiming to accelerate the replacement of cash and increase state control in a society where digital payments via Wechat Pay and Alipay are already the norm. Here ...