China's Russia dealings irk US, but don't breach sanctionsUS President Joe Biden has warned Xi of unspecified consequences if Beijing helps Moscow evade sanctions. That leaves open the risk Chinese...
01 Jun, 2022, 07.12 AM IST
China compelled to review 'no limits' friendship with RussiaProtecting the country's overseas assets from US-led sanctions, China has chosen to break Russia's trust by cutting its payment services, s...
17 May, 2022, 07.53 AM IST
Shadow over ties: China’s Union Pay stops cooperation with Russian banks“UnionPay’s hesitance to enter the Russian market is the latest example of large Chinese companies growing wary of doing business in Russia...
23 Apr, 2022, 11.54 PM IST
Beijing seeks to benefit from Russia-Ukraine conflictIn the backdrop of the China – Russia Joint Statement being signed in Beijing on February 04, 2022, the prevalent expectation in Beijing po...
10 Mar, 2022, 03.54 PM IST
Russia scrambles to contain sanctions falloutOn the streets of Moscow, there is little sign of panic -- restaurants are open and busy during an extended state holiday that will last th...
06 Mar, 2022, 09.54 PM IST
Russian banks may issue cards with China's UnionPay as Visa, Mastercard cut linksRussian-issued Mastercard and Visa cards would be accepted within Russia until their expiry, the bank said. The overseas ban also applies t...
06 Mar, 2022, 06.53 PM IST
China-backed crypto guru wants to unify the world’s blockchainsConnecting fragmented blockchains is key to moving the technology underpinning cryptocurrencies like Bitcoin beyond just trades and specula...
27 Jul, 2020, 09.11 AM IST
ExpertOption traders experience record profits and unprecedented growthOnline Trading has witnessed significant growth in recent years, with many new users keen to improve their financial situation. Platforms s...
21 May, 2019, 01.29 PM IST
Uber joins Alipay to allow Chinese tourists pay in yuanThe option has been expanded to more than 400 cities in 68 countries and regions in which Uber operates, state-run Xinhua news agency repor...
04 May, 2016, 04.46 PM IST
RuPay credit card launch put off till JuneNPCI plans to tie up with 5-6 banks for the launch of its credit card operations and will later expand services to other banks
17 Feb, 2016, 01.01 PM IST
National Payments Corp of India gets RBI nod to tie-up with China UnionPayThe Reserve Bank promoted NPCI which so for offers payment services in the local market is launching its international debit card in June t...
21 May, 2015, 04.57 PM IST
Chinese payments company China UnionPay to set up shop in IndiaBankers said that the fact that the company is seeking to fill positions in India could only mean that it has some inprinciple approval fro...
08 Nov, 2014, 12.11 PM IST
- Indian rival in works to take swipe at Visa, MasterCard
Visa and MasterCard that play a major role when anyone uses a credit card, will face an unusual rival in India.
08 Aug, 2010, 12.55 AM IST
Visa, MasterCard and American Express demand action against ChinaVisa, Amex and MasterCard talked with officials about taking action against China for shutting the cos out of its $723 bn payment-processin...
28 Mar, 2010, 07.52 AM IST
- PayPal to tie up with Chinese partner
China's top provider of electronic payment services will tie up with online payment platform PayPal, the two companies said, in a move that...
18 Mar, 2010, 03.11 PM IST
- PayPal plans to double staff in Asia
PayPal, a unit of online auction site operator eBay Inc., plans to double its staff in Asia to 2,000 by the end of the year, president Scot...
17 Mar, 2010, 04.36 PM IST
- China has 1.3 bn bank cards almost equal to its population
More than 1.3 billion bank cards have been issued by the end of September in China, roughly one for every person of an equal population fig...
07 Nov, 2007, 12.20 PM IST