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Any information is collected after the users agree to it, added Ele.me.

Apart from QR code payments, the UnionPay Mobile QuickPass was also popular among Chinese travelers during the Spring Festival holiday.

Anka Muhlstein

Ant Financial Services Group, operator of China's largest e-wallet Alipay, announced on Wednesday it will roll out a local commerce feature to better connect merchants and customers using big data analysis.

Another decision made at the meeting said the procedures that a new firm needs to go through to become initially operational will be further streamlined. The whole business registration process will be conducted online. Government approval of the names of businesses before registration will no longer be needed unless specifically required.