Recent Blogs

June 19, 2017

WeChat’s most popular features and functions in 2017

WeChat’s most popular features and functions in 2017 WeChat, also known as Weixin in China, is China’s most popular mobile app and most popular social media app, with over 889 million active users and 10 million official accounts. WeChat users in China are very active on WeChat – 61% of users access WeChat more than 10 times per day, according to WeChat’s 2016 Impact Report. But what makes this app so popular? In some ways, it is similar to Whatsapp, allowing users to send messages, videos, and images to one another. It is also similar to Facebook, allowing users to […]
June 16, 2017

Charles & Keith Singapore uses WeChat Pay to target mainland Chinese consumers

Charles & Keith Singapore uses WeChat Pay to target mainland Chinese consumers Charles & Keith outlet in NEX shopping mall, Singapore. Ask any Singaporean to name a local brand, and Charles & Keith will definitely come to mind. Founded in 1996 by brothers Charles and Keith Wong, the brand has expanded its global reach to over 40 countries, including China, France, South Korea, Saudi Arabia, and many Southeast Asian countries. Last year, Charles & Keith garnered further publicity when Game of Thrones actress Maisie Williams carried its bags throughout the Emmy weekend. In China, Charles & Keith is known as […]
June 15, 2017

Marina Bay Sands Singapore launches WeChat iBeacon Campaign in collaboration with FOMO Pay

Marina Bay Sands Singapore launches WeChat iBeacon Campaign in collaboration with FOMO Pay On 9 June, Marina Bay Sands (MBS) Singapore launched its WeChat iBeacon Campaign in more than 70 participating retail stores. This move aims to target mainland Chinese tourists, who are the biggest spenders in Singapore two years in a row, according to an article from The Straits Times. The iBeacon allows Bluetooth devices, such as smartphones, to broadcast or receive information within a 20m radius. Using the iBeacon technology, retailers can selectively display promotional discounts and notifications depending on how near or far the user is from […]
June 15, 2017

iOS 11 expands Apple Pay to include Apple Pay Cash

iOS 11 expands Apple Pay to include Apple Pay Cash Photo: Jim Merithew/Cult of Mac On June 5, Apple revealed the latest iteration of its iPhone and iPad operating system, iOS 11, at the annual World Wide Developer’s Conference. Apple has yet to confirm the release date of the new system, but it is rumoured that it will likely be released in fall with iPhone 8. Apple Pay is a mobile wallet system in iMessage. With iOS 11, Apple Pay will support a new feature – users can send or receive money from friends, or tell Siri to pay someone. […]
June 13, 2017

Chinese mobile-payment giants WeChat Pay and Alipay debut in Canada

Chinese mobile-payment giants WeChat Pay and Alipay debut in Canada Yorkdale Shopping Centre in Toronto, Canada started accepting WeChat Pay from May 11, 2017. (Image source: Xinhuanet) Last month, Tourism Toronto announced a new strategic partnership with OTT Financial Group, introducing WeChat Pay into Canada’s tourism businesses to boost travel and shopping consumption by Chinese tourists. This month, Alipay has also been launched in Canada, thus allowing local retailers to expand their mobile-payment offerings. WeChat is China’s most popular chat app, with over 700 million monthly active users, as of April 2016. The app also offers an abundant range of […]
June 10, 2017

China’s foreign exchange regulator implements new regulation to limit capital outflow

China’s State Administration of Foreign Exchange recently announced a new regulation to tighten controls on overseas transactions, in an attempt to control capital outflow and protect the yuan. The Chinese forex reserves shrank by about a quarter from US$3.99 trillion in June 2015 to US$3.05 trillion in November 2016, according to an article from the South China Morning Post. This year, it experienced a further drop, falling below US$3 trillion for the first time in nearly six years. Starting from 1 September, Chinese banks are required to report any overseas credit card transactions above 1,000 RMB (S$203) to the regulator. Today, […]
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