Sunday, December 10, 2023

Alipay & WeChat Pay stick, GrabPay doesn’t, literally

We came across this at a florist in Singapore. What does this tell us? Some of our thoughts: Alipay and WeChat Pay are very present...

Bitcoin passed $7000, what does it mean for you?

Bitcoin seems to be all the hype now - from Main Street to Wall Street. I get calls now and then to talk about Bitcoin,...

Eating out experience in the land of Alipay

So how have the people in the land of Alipay evolved in this aspect? While in Hangzhou for a few business meetings, we ate...

Mobile payment in Southeast Asia – overview and trends – Part...

Who owns the future? The governments or the internet giants (or someone else)? In the first two parts of this analysis, we discussed why we...

Mobile payment in Southeast Asia – overview and trends – Part...

Plausible and implausible use cases for payment adoption in Southeast Asia In Part 1, we discussed why we couldn’t exactly replicate Alipay and Wechat in...

Mobile payment in Southeast Asia – overview and trends – Part...

Can someone replicate the success of Wechat Pay or Alipay? Our Chinese entrepreneur friends believe that the low penetration of banking services in South...

Why a derelict rural shop accepts WeChat & Alipay

I stopped my car to walk into this small grocery shop near the roadside to buy some bottled water. This was in the countryside...

I brought only ¥25 cash for a two week trip in...

Yes as the title suggested, I had only ¥25 cash in my pocket when I landed in the Western Chinese city of Chongqing to...

The Razer question: what can you do with 10 million dollars?

Razer recently published an e-payment proposal summary, which includes committing S$10M to deploy a common cashless payment solution in Singapore, maybe Razer Pay, in...

Abrupt disruption, this is just the beginning!

  It is actually quite funny that while the whole world blamed the banks for 2008 financial crisis, they continued anyway to store money in...

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