On The Webnbsp;
“The publication claims Google ‘Tez’ — meaning fast in India — will offer a comprehensive set of payment options beyond existing products like Google Wallet or Android Pay. Tez, for one thing, will include support for Unified Payments Interface (UPI) — a payment system backed by the government — and other consumer payment services including Paytm […]
Americans and Australians are using ATMs less than they did two years ago, while British adults are the biggest and most frequent users of the machines that debuted 50 years ago in their country. But Americans are more willing than their English-speaking compatriots to pay ATM fees.
Now with the US dollar, bond notes and plastic money in circulation, unscrupulous business people have developed a black market of sorts to start pegging different prices for the same commodity depending on the mode of payment.
“China’s ride-hailing giant Didi is this week adding support for Apple Pay to its core personal mobility services — including Didi Premier, Didi Express, Didi Luxe and ofo, a partner station-less bike-rental service also powered by an app.”
“So today we are introducing a new mobile app from Google, Tez — a simple and secure way to pay for things, big and small, online and offline, in India. Tez is a payments and commerce app built for India on top of the Unified Payments Interface (UPI) standard.”
“”With the new technology, Bergara said, “instead of carrying around a leather wallet with paper currency,” people will load electronic currency onto their mobile phones. “It’s not that you use the phone to order money transfers, as is done today, but having bills in the cellular and being able to pass them on from one […]
“China’s digital-payments market, by far the world’s largest, is dominated by e-commerce giant Alibaba Group Holding Ltd. and social-media champ Tencent Holdings Ltd. Now the two are imparting money and know-how to mobile-money startups in other Asian markets, from Indonesia to India.”
On The Wiresnbsp;
Tencent And WeChat Deliver New Ways For U.S. Marketers To Directly Engage Nearly One Billion Chinese Consumers
“Tencent announced today the launch of a new suite of advertising solutions and resources that enable U.S. marketers to directly engage Chinese consumers on Tencent platforms both in China and while they travel abroad, including on the company’s popular social messaging app, WeChat.”
“The report, called Global Variances in ATM Usage, shares the results of a survey* which TNS commissioned early this year. It investigates, among other things, how frequently people used ATMs, whether they have used ATMs at mobile and temporary sites, whether they have used ATMs in other countries, and their willingness to pay ATM fees. It […]