On mobile payments, but not regulation…

Updates from 8/14/2016: On mobile payments: offline Alipay — paying your bus fare by QR Code is now possible if you take a bus ride with 506 in Hangzhou. This is the only bus line accepting this type of payment at this moment, but more are expected to come. See http://k.sina.cn/article_2550216490_9801372a001002ght.html?vt=4

On another note, Ant Financial is expecting to launch VR Pay as early as the end of September this year. See http://www.mobileworldlive.com/money/news-money/ant-financial-is-to-launch-vr-based-payments/; http://finance.sina.com.cn/roll/2016-08-07/doc-ifxuszpp3075482.shtml

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