Opportunities in red pocket money transmission, Chinese new years

[MrJeans]

"WeChat which allows users to send / receive the red pocket money by linking up their bank accounts to WeChat.
Going beyond a traditional festive greeting or sticker, the app went viral overnight. The number of WeChat users who linked up their bank accounts increased from 30 million to 100 million in just one day"

"iResearch. According to research firm Analysys, the total volume of transactions in China's third-party mobile payments market reached CN¥7.77m in 2014, which is a 500% increase over the last 12 months."

Thought the community may be interested in this. *cough cough bitCNY

http://asianinsight.racepointglobal.com/post/76181039647/did-you-get-your-red-pocket-on-your-wechat-this

http://www.ibtimes.co.uk/chinese-new-year-2015-alibaba-challenges-tencent-wechat-188m-money-giving-lottery-1488460