Payments Spectrum

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Sunday, 12 November 2017 | 7 Pages

Special Edition : Alibaba Singles Day


Australia ripe for smart phone payments growth: MasterCard.
Paying for things by waving a smart phone or other device is poised to take off in the coming years, as consumers are offered new features enticing them to shift to mobile payments, MasterCard predicts.

Consumers will also be able to make payments using voice-based personal assistants, through social messaging apps, or “augmented reality” programs over the coming years, says Garry Lyons, chief innovation officer of the US-listed payments giant.

Clancy Yeates
The Sydney Morning Herald
NOVEMBER 13 2017 – 12:15AM

Watch out for fraud in the New Payments Platform: experts.
Australians soon to enjoy instantaneous money transactions must be wary of fraud, a finance expert has warned.

The New Payments Platform (NPP) is the soon-to-be-introduced system that will enable transactions between banks and bank accounts to happen almost instantaneously, whether it’s Monday or Saturday.

David Ross
Finance reporter
The New Daily
Updated: 11:40pm, Nov 12

Alibaba sees cloud computing and online payment driving Singles’ Day international expansion.
Alibaba president Michael Evans also says in an interview that the company plans to connect its international operations into a single platform.

Bien Perez
South China Morning Post
Sunday, 12 November, 2017, 4:18pm

As digital payments spread, the cash lobby raises its voice.
Credit card companies, tech startups, and even some governments have pushed to move consumers away from carrying around a wad of bills in their pocket toward using plastic or their smartphones to make payments. Digital transactions are safer, cheaper, and more convenient, they argue.

FOX 2 now St. Louis
AT 09:47AM, NOVEMBER 11, 2017

TransNational Payments Named 2017 Top Workplace.
Rosemont, IL – TransNational Payments, a leading electronic payments processor, has been named a 2017 Top Workplace by The Chicago Tribune. This honor marks the sixth year TransNational Payments has been recognized as part of the publication’s Top Workplaces in Chicago.

The Chicago Tribune published the complete list of the 2017 Top Workplaces at
TransNational Payments
November 10, 2017

PayPal makes it easy to pool money for gifts.
It also makes it easy to keep track who’s already sent their part.

Mariella Moon @mariella_moon
11.09.17 in Internet

Govt to incentivise online payments to push digital transactions.
The incentives could include cashbacks and reward points for BHIM users; the ministry’s note also talked about increasing the adoption of the BBPS and printing of a Bharat Quick Response (QR) code to facilitate easier government bill payments.

Saubhadra Chatterji & P Suchetana Ray
Hindustan Times, New Delh
Updated: Nov 09, 2017 09:59 IST

Square Beats Estimates, Showing It’s More Than Payments.
Square Inc. is proving its payments services are just as valuable to merchants with multiple stores as they are to street vendors looking for a way to accept credit cards. Those larger merchants are increasingly turning to Square for simple ways to process transactions and manage their businesses, helping the company post earnings that exceeded analysts’ projections and raise its full-year forecast.

By Selina Wang
Bloomberg Technology
November 9, 2017, 4:19 AM GMT+5:30

BNP Paribas launches WeChat Pay in Europe.
BNP Paribas, Europe’s leading bank for Cash Management, is introducing WeChat Pay a popular mobile payment solution in China, to retailers in France and subsequently across Europe, thus underlining its determination to support retail sector clients wishing to attract Chinese customers.

Valérie Sueur: +33 (0)1 42 98 67 65 –
BNP Paribas

PayPal Launches Domestic Operations in India.
A decade ago, we embarked on a journey to digitize India by enabling cross-border transactions. We partnered with merchants, helping them leverage the global opportunity and realize the “Make in India” vision.

PayPal Stories
November 8, 2017 | Anupam Pahuja

Visa Introduces New Payment Wearables for Fans Attending the Olympic Winter Games PyeongChang 2018.
Fans and Team Visa Athletes will enjoy the convenience and style of Visa payment-enabled gloves, stickers and commemorative Olympic pins.
SAN FRANCISCO–(BUSINESS WIRE)– Visa (NYSE: V), the exclusive payment technology partner at the Olympic and Paralympic Games, today introduced three commercially available wearable payment devices. In the spirit of the Olympic Winter Games, Visa created NFC-enabled payment gloves, commemorative stickers and Olympic pins that allow fans and athletes to complete seamless and secure payments with a simple tap at any contactless-enabled terminal.
This press release features multimedia. View the full release here:

Bitsy Rich, 415-813-7252
Sarah Hamblen, 415-728-7268
Visa Inc.


Nandan Nilekani | Demonetisation and the move to a less-cash economy.
Demonetisation and the subsequent urgency to find alternatives to physical cash brought digitization and cashless payments into sharp focus.

Nandan Nilekani
Last Published: Wed, Nov 08 2017. 08 10 AM IST

Cash still king as digital payments inch up slowly.
CHENNAI: If demonetisation was a push for a cashless economy, it has been working very slowly. Reserve Bank of India data shows the usage of wallets, non-UPI banking apps and Aadhaar-enabled payments has been slow to catch on, while that of debit cards has fallen. The UPI payments have been growing, and a significant chunk of them are mobile-based.

Rachel Chitra | TNN |
The Times of India
Updated: Nov 8, 2017, 11:45 IST


Alibaba Singles’ Day hits a new sales
record this year

WTF just happened in China? P3

Singles Day shopping spree smashes
record in China

Alibaba Singles Day Could Bring in $24 Billion P5

Alibaba Presents the World’s Largest Shopping Day P6

Music Break | 11.11.2017 Singles Day @ Creative Park P7

Tuesday, 7 November 2017 | 7 Pages

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