Digital wallet payments must flow beyond borders: PayPal CEO Alex ChrissIf digital wallets and instant payment systems being built by multiple countries need to grow, there is a need for an interoperable payment...
24 Jul, 2025, 06.00 AM IST
UPI and PayPal to join hands: UPI payments on foreign e-commerce sites and during overseas travel may soon be a realityPayPal is launching PayPal World, a platform to integrate global payment systems, including India's UPI. This collaboration with NPCI Inter...
23 Jul, 2025, 06.20 PM IST
PayPal ropes in UPI, China's Tenpay to ease global payments for two billion usersPayPal is planning to launch PayPal World—a cross-border payment platform in partnership with UPI and Tencent's Tenpay Global—later this ye...
23 Jul, 2025, 03.15 PM IST
Indian users can now pay abroad and on foreign e-commerce sites using UPI via PayPal WorldPayPal introduces 'PayPal World,' integrating UPI for seamless international payments, benefiting Indian users. This platform connects majo...
23 Jul, 2025, 12.20 PM IST
China central bank approves Tencent's Tenpay capital boost to $2.1 billionThe approval will make Tenpay the non-bank payment institution with the highest registered capital in China, Chinese state-backed media out...
15 Mar, 2024, 09.25 PM IST
Alibaba shares rise 5.5% amid hopes Ant regulatory crackdown is endingThe scrutiny of the last two years created an uncertain environment that wiped billions off China tech sector share prices, including onlin...
10 Jul, 2023, 06.12 PM IST
Ant's surprise share buyback values firm at steep 75% discount to IPOAnt's major shareholders, Hangzhou Junhan Equity Investment Partnership and Hangzhou Junao Equity Investment Partnership, have voluntarily ...
08 Jul, 2023, 02.20 PM IST
Chinese payment giants Alipay and Tenpay fined for rule breachesAnt Group's Alipay was slapped with a fine of 3.01 billion yuan ($416 million) while Tencent Holdings Ltd's Tenpay was fined 2.99 billion y...
07 Jul, 2023, 07.37 PM IST
China weighs Tencent payments overhaul, new license requirementThe potential move would present a fresh hurdle for Tencent, which along with other internet firms was told in 2021 to cordon off financial...
18 Mar, 2022, 12.28 PM IST
China miffed at ET article that flagged its protectionist policiesChina's arm-twisting of Western tech firms is common knowledge. The country did little to control the narrative about its authoritarian reg...
10 Jan, 2018, 12.25 PM IST
China’s digital protectionism, US retreat beckons India to unleash Globalisation 4.0What we need is an Indian tech ecosystem that doesn’t only create and extract data, but also transforms it into higher-level products with ...
06 Jan, 2018, 06.24 AM IST
One nation, under code: How India leads the way in the interoperability of QR code for paymentsSince India has a smartphone base of 300 mn with 20 mn customers getting added each month, QR code-based payments can cost-effectively expa...
08 Oct, 2017, 06.12 PM IST
India's war on cash needs a very different approachIndia has erred in choosing a bank-led model over a telecoms-led one, says a study led by Tufts University researchers.
20 Dec, 2016, 07.40 PM IST
Why e-tailers like Flipkart, Snapdeal are rushing to tap the payments goldmineIndia's largest e-commerce player Flipkart recently launched a digital wallet, Flipkart Money, while its arch-rival Amazon applied for a wa...
20 Mar, 2016, 02.57 PM IST
China's web giants Alibaba and Tencent do battle over 'hong bao' ahead of Chinese New YearHowever, Tenpay only controlled four per cent of the market before the red envelope campaign debuted on WeChat in 2014.
18 Feb, 2015, 02.21 PM IST
Faster broadband,easier payment norms to boost e-retail growthIAMAI, which recently led a delegation of Indian tech and Internet firms to China, said these steps can help improve customer experience.
05 Nov, 2014, 08.32 PM IST
- China's Tencent aims to battle US web firms like Google, Facebook in India
Tencent launched its mobile chat service called WeChat in India to compete with What's App and Blackberry messenger.
26 Jul, 2012, 10.04 PM IST