Resources
91% of Merchants Are Losing Revenue to Payment Friction – Here’s What’s Eating Your Margins
If your e-commerce sales are growing but your profits feel stuck, you’re not alone. A new report on the state of Hong Kong e-commerce reveals a quiet but costly problem hiding in plain sight: payment friction. According to the Hong Kong Ecommerce Pulse Check 2025 (a...
91% of Merchants Are Losing Revenue to Payment Friction – Here’s What’s Eating Your Margins
If your e-commerce sales are growing but your profits feel stuck, you're not alone. A new report on the state of Hong Kong e-commerce reveals a quiet but costly problem hiding in plain sight: payment friction. According to the Hong Kong Ecommerce Pulse Check 2025 (a...
Taobao + Alipay Launch “AI Delegated Purchasing” – Set Conditions with One Sentence, and AI Places the Order for You
Have you ever found a product you liked, but held off because the price wasn't right? Or gotten so busy with work that you missed a limited-time deal? Now, Taobao and Alipay have teamed up to launch a brand-new feature:"AI Delegated Purchasing." It lets you authorize...
A New Era for Hong Kong Payments: E-Wallets Overtake Bank Cards for the First Time
E-Wallets Overtake Bank Cards for the First Time According to the newly released 2026 Global Payments Report by Worldpay, Hong Kong’s payment landscape has reached a major milestone — e-wallets have overtaken bank cards to become the most widely used payment method...
When Data Becomes a Weapon in Payment Fraud
In the past, preventing payment fraud was largely about stopping hackers from stealing massive volumes of credit card numbers. But the latest threat intelligence reveals a strategic shift—fraudsters are now prioritizing the quality of data over quantity. According to...
Seamless Travels: China-Issued Visa Cards Now Support Apple Pay for Overseas Use
Great news for travelers and cross-border shoppers! Visa has officially launched support for Apple Pay, allowing holders of Visa cards issued in Mainland China to add their cards to Apple’s digital wallet for use outside of Mainland China. This new service enables...
Instant Payments to Mainland China: Visa Direct and UnionPay International Announce Major Partnership
China Introduces Interest on Digital Yuan – A New Era for e-CNY?
WeChat Pay HK Expands Global Reach Through Thunes Partnership, Enabling Instant Cross-Border Transfers
In a significant development within the digital payments sector, WeChat Pay HK has announced a new partnership with the global payments network Thunes. This collaboration will enable the Hong Kong dollar-denominated e-wallet to offer its users real-time, affordable...
