Franklin Chu

The cashless society is no longer just a feast for the 527 million Chinese mobile payment users, but to anyone with a solid digital footprint, according to Franklin Chu, managing director for Azoya USA.

For retailers, WeChat’s hyperactive and massive user base is a goldmine, but mini-apps don't solve the most prominent demand of retailers: to acquire and retain new traffic, writes Franklin Chu, managing director of Azoya International.

With close to 900 million monthly active users, WeChat is the most popular social app in China, supporting real-time messaging, social networking, e-wallet and many other functions, writes Franklin Chu, managing director for Azoya USA.

E-payments are growing fast in China, but a one-size-fits-all approach won't be a winner for merchants, writes Franklin Chu, a managing director at Azoya International.

Despite some mixed signals, the Chinese government has shown a willingness to loosen restrictions on imports. That would be good news for international payments players.