THE KIND OF CREATIVE THINKING THAT FUELED WECHAT’S SUCCESS
A Harvard Business Review study from 2019 of the strategy behind China’s mobile wallet WeChat’s success.
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DATE RANGE
OVER 800 MILLION WECHAT USERS SENT DIGITAL MONETARY GIFTS DURING LUNAR NEW YEAR
This short article shows that a record number of users sent digital money during the Lunar New Year in China. Active WeChat users exceeded one billion by February 2019. Source: ZDNET.
OVER 800 MILLION WECHAT USERS SENT DIGITAL MONETARY GIFTS DURING LUNAR NEW YEAR Read More »
LAFFERTY BRIEFING ON ALIPAY OBTAINING AN EMONEY LICENSE IN EUROPE, AND ALIPAY AND TENCENT’S ENTRY INTO BRAZIL
A short eBrief from Lafferty’s Ronan Lynch on AliPay obtaining an eMoney liicense in Europe, and both AliPay and Tencent efforts to enter Brazil.
ALIPAY BRINGS CASHLESS PAYMENTS TO BEIJING PRISONS
This article describes the expansion of digital payments into China’s prison system, as an example of Alipay’s ubiquitous presence.
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PROJECTED GROWTH IN THE VOLUME OF MOBILE PROXIMITY PAYMENTS 2019 TO 2023
A slide showing the projected growth in the volume of mobile proximity payments from 2019 to 2023. The data is global and for North America. Source: Walter Kitchenman, Lafferty Research.
PROJECTED GROWTH IN THE VOLUME OF MOBILE PROXIMITY PAYMENTS 2019 TO 2023 Read More »
VOLUME OF ECOMMERCE PAYMENTS BY GLOBAL REGIONS 2019
A slide showing the relative volume in US$ billions of eCommerce, mobile payments, and mobile proximity payments in 20219. Information in global, with a breakout of Asia Pacific, North America, EMEA, and Latin American payments. Source: Walter Kitchenman, Lafferty Research.
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WESTERN UNION DIGITAL EXPANDS IN ASIA: MOBILE APP NOW LIVE IN SINGAPORE
In this press release, Western Union announces the launch of the Western Union mobile app in Singapore, connecting customers to families and loved ones around the world, 24/7. Activation of the app in Singapore has given Western Union a digital trifecta in Asia this year, as Singapore now joins Hong Kong and Malaysia in benefiting from Western Union’s digital acceleration of major regional economic centers across the world.
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