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Finance

DailyPay launches twice-daily advance payouts for Baemin and Coupang Eats merchants

DailyPay has launched an advance payout service for restaurant small business merchants using Baedal Minjok and Coupang Eats, paying sales proceeds twice a day. The company said on Aug. 27 it will provide the service for merchants on the two delivery platforms. Delivery app sales are typically settled three business days later and can take more than seven days when weekends or holidays fall in between. DailyPay will settle automatically at 2 p.m. and 9 p.m., including weekends and holidays.

Telecommunications & Media

China\'s big three telecom firms bet on \'token factory\' strategy as AI revenue grows

China’s three state-owned telecom operators are expanding AI token-charging businesses as a new growth pillar, the South China Morning Post reported. China Mobile, China Telecom and China Unicom highlighted tokens, the basic unit of data handled by AI models, alongside computing power and data as key indicators, but did not disclose separate token revenue or usage metrics. Each operator reported growth in computing- and AI-related revenue and introduced token platforms and products.

Finance

Dailypay builds R-SDB real-time data repository for small merchants

Dailypay has built a real-time big data repository to collect and manage business data for small merchants and self-employed people. The company said it integrated data from online and offline businesses as well as POS and VAN data into R-SDB. It linked APIs from financial institutions and platforms and combined OCR and large language models to structure documents and normalize data. The company said it has processed more than 100 million records and reduced analysis and screening time.