Passengers on the Indian Railways, the worldâ€™s second-largest rail network, now may use their mobile phones to book their tickets through a new offering from the Indian Railway Catering and Tourism Corp. The agency, an information-technology venture under the Ministry of Railways, launched a mobile version of its popular online ticket-booking portal on Jan . […]
China UnionPay has enabled more than 3.8 million merchants to accept Near Field Communication-based payments as part of a push to expand mobile-payments acceptance in China, a spokesperson for the card organization tells PaymentsSource. The company has enabled point-of-sale terminals in more than 20 provinces to accept NFC payments, according to the spokesperson. China UnionPayâ€™s […]
Mobile e-commerce is taking off rapidly in China, according to a report released Oct. 26 by the Beijing-based iResearch Consulting Group. Chinaâ€™s total mobile market, including not only e-commerce but also games, advertising and other value-added services, reached 10.83 billion yuan (US $1.7 billion or 1.2 billion euros) in the third quarter of this year, […]
The Beijing branch of China Telecom Corp. Ltd. has begun enabling customers to make payments using their China UnionPay cards over its mobile network as part of a pilot that launched Oct. 20. According to the company, interested customers must upgrade their phones at any of 70 Beijing Telecom outlets around Beijing. During the upgrade, […]
SoftBank Mobile Corp. start a Near Field Communication payment pilot with smartphones powered by Android 2.2 operating system late this quarter, the Tokyo-based subsidiary of Japanese telecommunication operator SoftBank Corp. announced Jan.18. Seven other companies also will participate, including MasterCard Worldwide; Kyodo Printing Inc.; HTC Corp.; Orient Corp., Japanâ€™s largest service provider of MasterCard PayPass […]
Netherlands-based RePay International Ltd. and Chinese loyalty-management company China Rewards Pvt. Ltd. jointly plan to introduce the ClimaCount Card Scheme, a carbon-offset program, to the Chinese market, the two companies announced on Jan. 11.
Chinaâ€™s second-largest mobile-network operator China has begun offering a contactless mobile-payment service in Beijing. Launched Dec. 31, the service is based on a SIMpass card, the Near Field Communication technology provided by Singapore-based Watchdata Technologies Pvt. Ltd. The SIMpass card is compatible with mobile phones using 2G networks, a Beijing-based Unicom customer service representative tells […]
PayPal Inc. this year will set up its first foreign currency settlement platform in Chongqing, China, along with five international e-commerce centers under an agreement the unit of eBay Inc. signed with the Chongqing Municipal Government on Dec. 28. â€œChongqing has plans become the financial-services center of western China, and we are happy to support […]
Chinaâ€™s largest telecommunication operator China Telecom Ltd. is partnering with the Bank of China Ltd. and China UnionPay to offer a mobile-payment service in the city of Ningbo in Chinaâ€™s Zhenjiang province. The service, dubbed the Tianyi Great Wall Card, uses SIMpass Near Field Communication technology developed by Singapore-based Watchdata Technologies Pvt. Ltd. and complies […]
Chinese banks will replace magnetic stripe cards with smart cards by 2015, according to an official from China UnionPay.