A booth of Alipay is seen during the Alibaba E-commerce Expo in Sydney, Australia, September 21, 2018. [Photo/Xinhua] Alipay, a subsidiary of Hangzhou-based Ant Financial, has been cleared by the ...

Ant Financial’s Alipay is deploying blockchain technology to power a cross-border remittance service for Pakistan’s Telenor Microfinance Bank (TMB) and Valyou of Malaysia. Processing Content The deal ...

Telenor Microfinance Bank Ltd. and Valyou Sdn Bhd, a remittance company and subsidiary of Telenor Group, today announced the launch of a distributed ledger blockchain-based payment platform. The cross ...

A Pakistani financial institution has rolled out a cross-border remittance service based on blockchain technology developed by Alibaba affiliate, Alipay. Telenor Microfinance Bank and Malaysian ...

The government of Pakistan is reportedly using a blockchain platform developed by Alibaba’s Alipay. But, cryptocurrencies like Bitcoin remain banned in the country for payments. The initiative of the ...

Alipay secured the first mover advantage in online commerce and digital banking in Pakistan as the Competition Commission of Pakistan (CCP) formally approved Alibaba subsidiary to acquire 45 percent ...