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Integrated payments and marketing platform RiverPay has announced that it is facilitating payments through Alipay and WeChat Pay at Harrods Knightsbridge store in London, according to a press release.RiverPays in-store payments system supporting Alipay and WeChat Pay has been integrated with Harrods existing payments infrastructure, allowing the famed retailer to further attract the growing and lucrative Chinese tourism market. VisitBritain is expecting 483,000 arrivals from China in 2019, with travelers from the country expected to spend more than 拢1 bill
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ion.Data shows that Chinese consumers actually prefer using mobile payment and cashless transactions. Last year, more than two-thirds 69 percent of Chinese travelers paid with their mobile phones, while 94 percent said they would be more willing to pay with their mobile phones if the method becomes more widely used abroad. In fact, 93 percent said they would likely increase their spending if a mobile payments option is available.One place many Chinese tourists visit during trips to the U.K. is Harrods, which is the biggest and most iconic department store in Europe. With seven floors, 9
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0,000 square meters 970,000 square feet and 330 different departments, the store attracts around 15 million customers per year. It initially introduced the Alipay digital payments system late in 2016 and started adding WeChat Pay t
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o its payments option portfolio during the 2018 Chinese Lunar New Year. Harrods is much more than a department Lhin Button Pulls In $12M To Build Its On-Demand Service Network
Every year brings technological innovation more disruptive and impressive than the last. Unfortunately, every year also brings cybercriminals more sophisticated than ever before, and in todays market, corporations are failing to stay protected.Thats according to new analysis from cybersecurity provider Radware, which has released its latest yearly report on corporate cybersecurity today Jan. 19 .While researchers
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concluded that every industry is vulnerable and cyberattacks are diversifying in scope and strategy, Radware did nail down a few trends in corporate cybercrime that plagued businesses in 2015 and trends likely to come to fruition this year.A New Reality Of LifeIn its Global Application Network Security Report, Radware uncovered some disturbing facts about corporates exposure to cybercrime. According to researchers, more than 90 percent of businesses experienced a cyberattack in 2015. Thats despite the majority 60 percent claiming they are either extremely or very well-prepared to safeguard against an attack if it comes from a worm or virus.The strategy cybercriminals are taking to infiltrate a bu
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siness is changing, leaving businesses unprepared for threats like information theft, DDoS distributed denial of service attacks and advanced persistent threats.In 2015, the company found, the diversified strategy of these cyberthreats often had one goal in mind: mo
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ney.Researchers found what Radware called a significant growth in ransom for these attackers, up to