Kakao Pay

Ant International drives AI in cross-border payments to boost global expansion

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Ant International drives AI in cross-border payments to boost global expansion

Singapore-headquartered Ant International said it has developed an AI model that predicts currency exchange rates on an hourly basis for both inbound and outbound transactions, which would help businesses reduce transaction costs and better allocate resources, the company said in a statement on Thursday. “Integration of AI into the processing of cross-border transactions is of … Read more

China’s Alipay and WeChat Pay ease the way for foreign travellers to make payments in world’s largest cashless society

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China’s Alipay and WeChat Pay ease the way for foreign travellers to make payments in world’s largest cashless society

Alipay’s annual cumulative transaction limit for foreign visitors has also been increased to US$50,000, up from the previous US$10,000 limit, in line with a new People’s Bank of China policy, the group said. 02:40 How mobile payments impact people’s lives in China How mobile payments impact people’s lives in China Tencent on Thursday said foreign … Read more