Asia

After forming a series of high-profile partnerships with various payments service providers, China's UnionPay International has declared its plan to challenge Visa and Mastercard’s duopoly of the U.K. card industry.

Italian payments provider Axepta-BNL Group is launching the WeChat Pay service to its clients, saying it is the first in the country to offer the popular Chinese mobile payment and social networking app.

Meituan Dianping is reaping the benefits of scale in its core food delivery division as it feels the pain of competition from arch-foe Alibaba Group Holding Ltd. in smaller businesses such as hotel bookings.

Small-business projects in India and Latin America will provide a test of how well an open source blockchain can reduce the fraud that can occur when businesses try to free up capital from outstanding payments.

The State Bank of India and Hitachi Payment Services plan to bring their heft to a joint merchant acquiring venture to expand digital payments in India.

Chinese mobile payment apps Alipay and WeChat Pay have made deep inroads into Western markets, and now UnionPay, China’s state-run card network, is catching up.

Wirecard and Cimple Marketing have teamed with Estonia-based cruise ship operator Tallink Grupp to enable shops on its 14 vessels to accept China’s top three payment options.

Canadian cross-border payment provider SnapPay is expanding its two-year partnership with China's Ant Financial to bring the Alipay app to the country's FoodyMart grocery chain.

China dwarfs the U.S. market in e-commerce adoption and is likely to be soon giving lessons to internet executive from U.S. and Western countries.

Alibaba Group Holding Ltd.’s business-to-business trading platform has forged its first U.S. partnership with a large company as it teams up with Office Depot Inc.