Jack Ma's Secret Strategy: The Rise of Ant Group from Alipay to a Fintech GiantIntroduction:Jack Ma, a name synonymous with legendary status in the Chinese business world. Under the halo of Alibaba, he had already been planning a bigger game - Ant Group...

WeChat Pay's New Changes: From Convenient Payment to Palm Scanning, How Will Payment Methods Evolve in the Future?Mobile payment has become an indispensable part of modern society. WeChat Pay, as a leading mobile payment platform in China, has been committed to enhancing user experience, constantly innovating and upgrading in recent years...

"Tightening the Belt": Who Pays for Thrift?In recent years, the term "tightening the belt" has frequently appeared in the public eye, especially as the People's Daily recently published an article advocating thrift, sparking widespread discussion. While it is undeniable that, under the current economic circumstances, the state's call for thrift and resource conservation is justified, the real questions we need to address are: How can we make thrift a shared consensus, and how can we prevent "tightening the belt" from becoming a burden on ordinary people?"Increasing Revenue and Reducing Expenditure" Shouldn't Be Paid for by Ordinary PeopleThe People's Daily explicitly stated in the article that "it is unacceptable to make ordinary people bear the brunt of increasing revenue," which undoubtedly safeguards the interests of ordinary citizens and is a pursuit of social fairness...

WeChat Pay: You Scan Me vs. I Scan You: Unveiling Security Risks and Avoiding TrapsWeChat Pay has become an indispensable part of our daily lives, facilitating payments from grocery markets to street vendors...

Shanghai Metro Now Accepts AlipayHK, Enabling "One-Code Ride" for Hong Kong TouristsOn July 17th, Shanghai Metro announced full support for AlipayHK, the Hong Kong e-wallet. Users can now easily ride the subway by simply scanning with their AlipayHK app...

In recent years, a series of Chinese government policies aimed at promoting inbound tourism have led to a steady increase in the number of foreign visitors to China. At the same time, under the guidance of the People's Bank of China (PBOC), domestic institutions have continuously rolled out initiatives to improve the payment convenience for foreigners visiting China, further driving the growth of inbound consumption...

Large domestic supermarkets are closing down one after another, but why is Sam's supermarket, which pays to consume, opening more and more? Why is Pangdonglai deeply loved by people, but still unable to leave Henan?According to statistics, in 2022, at least 1138 stores of domestic supermarkets will be closed, and Gome Retail, Lianhua, Red Flag Chain, Carrefour, Wal Mart will not be spared. Once a large supermarket was cheap, with a wide range of products, all goods can be seen and touched, and you can buy all daily necessities once, which is very popular...

On November 10th, according to foreign media, Apple has agreed to pay a settlement fee of $1.8 million to compensate consumers who purchased eligible gift cards between March 2018 and July 2020 but were unable to redeem them due to theft and unauthorized use...

Global Network Technology Comprehensive Report: On November 10th, WeChat Pay officially announced that it has completed the interconnection and interoperability with barcode payment platforms under the three major communication operators, including China Mobile, China Telecom, and China Unicom. Users can complete payment by scanning their WeChat payment personal payment code through China Mobile's "Hebao App", China Telecom's "Yi Payment App", and China Unicom's "Wo Wallet App"...

With the continuous progress of technology and the increasing popularity of mobile payments, China's payment methods are undergoing a revolution. Recently, the People's Bank of China announced that it will promote new payment methods in order to bid farewell to QR codes and welcome the era of NFC payment...

The People's Bank of China recently announced that Alipay and WeChat payment will usher in a profound change. This measure aims to gradually phase out QR code payment methods and promote more efficient, convenient, and secure payment methods...

Your drone technology has infringed on my patent, and you must pay me a huge fine! "The arrogant and domineering United States has recently challenged China's private technology enterprise, Dajiang, to pay a whopping $44 billion fine. If not delivered, it is prohibited for DJI to sell products in the US market...