Payments Ecosystem
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Payments Ecosystem
The Payments ecosystem is evolving at an unprecedented pace driven by mobile, cloud computing, start-up's challenging the behemoths, and new technologies. My personal collection of curated stories and blogs.
Curated by Vineet Anand
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Russia wants to make new payments system compatible with China

Russia wants to make new payments system compatible with China | Payments Ecosystem | Scoop.it
Russia's prime minister, Dmitry Medvedev, says he wants to make the country's new payments system compatible with China's UnionPay as a way to guar
Vineet Anand's insight:

Mir payment system to be made compatible with China's CUP to remove reliance on western payment systems including SWIFT. Trading will be in Roubles and Yuan in near future to bypass sanctions though trading with China!

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Apple & China UnionPay to Bring Apple Pay to China

Apple & China UnionPay to Bring Apple Pay to China | Payments Ecosystem | Scoop.it
Vineet Anand's insight:

CUP QuickPass to start accepting Apple Pay around Feb 2016. The news comes soon after CUP announced working with local banks on NFC HCE solution for its QuickPass merchants!

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China UnionPay unveils mobile payments service

China UnionPay unveils mobile payments service | Payments Ecosystem | Scoop.it
Finextra: Card scheme China UnionPay has teamed up with over 20 local banks to launch an HCE-based contactless mobile payments service.
Vineet Anand's insight:

CUP to launch mobile HCE tokenized payment solution in collaboration with 20 local banks!

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Curated by Vineet Anand
Payment Industry leader passionate about Fintech, Innovation in Banking, Product Management & Strategy, driving revenue growth through client management, business development and P&L focus.