Six prominent mobile wallets across Europe, together with Alipay, announce today a collaboration to promote QR code-based digital payment interoperability for travelers both in Europe and from China. Bluecode, ePassi, momo pocket, Pagaqui, Pivo, Vipps and…
The data found that the number of Chinese visitors in Singapore over the Labour Day holiday period almost doubled from last year. In addition, the average Chinese traveler spent SGD 325 (RMB 1,611) in Singapore during the Labour Day holiday – higher than in…
Alipay Ant Forest, an initiative that has inspired hundreds of millions in China to adopt a greener lifestyle and contribute to the environment. Since its launch in August 2016, Alipay Ant Forest has: Attracted 500 million users to engage in low carbon…
Alipay is one of the dominant forces in Chinese mobile payments solutions, but its ultimate goal, like with any payments company, is global expansion. You’ve recently covered some of Alibaba’s expansion into the UK through their partnership with Barclaycard,…
Barclaycard, which processes nearly half of the UK’s credit and debit card transactions, today announced a new agreement with Alipay, the world’s leading payment and lifestyle platform, which will allow retailers to accept Alipay transactions in stores across…
As a fast emerging TechFin brand, AlipayHK has led and driven the adoption of the e-wallet in application in Hong Kong. Since the formation of Alipay Payment Services (HK) Limited (“APSHK”), the joint venture between CK Hutchison Holdings Limited (“CK…
More than 50 Japanese banks are joining Tokyo bank J-Coin to set up a cashless payment system developed by Mizuho Financial Group, to be launched late next month. The new service will initially be rolled out to existing account holders at regional banks.…
Chinese consumers visiting the U.S. can now use Alipay at Walgreens, one of the largest drugstore chains in the country. Whether traveling for business or pleasure, Alipay users can shop at 3,000 locations in major cities such as New York, San Francisco and…
Alibaba Group sales soared 41 per cent in the December quarter as its customer based neared 700 million. The Chinese company’s turnover for the three months reached US$17.057 billion and its net income attributable to shareholders $4.807 billion. “Our…
Retail shopping continues to be the largest expense for tourists from China, according to a survey from Nielsen and Alipay, accounting for almost a quarter of total spend. The 2018 trends of Chinese mobile payment in outbound tourism survey revealed that…
Recently, Australia fintech company AirPay Financial Technologies announced its regional collaboration with China leading mobile payment technology company SwiftPass to form a new lifestyle brand “AirPass”. Connecting Australian merchants directly with…
Bank Rakyat Indonesia, Indonesia’s biggest state-owned lender, started the year with key strategic announcements, including an alliance with Chinese payment platform Alipay and plans to acquire a local insurance company and a small lender. BRI signed a…
Nuwemaru Street in Yeon-dong, Jeju City, was known as Baojian street until it was renamed in April. The street had been called Baojian from 2011 when the Chinese pharmaceutical company of the same name sent 12,000 employees to the southern tourist island as a…
Starbucks launched its first virtual store in China powered by technology from Alibaba Group, providing a unified, one-stop digital experience across the Starbucks app and mobile apps within the Alibaba ecosystem, including Taobao, Tmall, and Alipay. The…
M&Ms World Shanghai reopened yesterday in Shanghai Shimao International Plaza. The newly remodeled 1600sqm interactive store, which offers an immersive, personalised experience with the M&M brand to residents and tourists, remains the only one based in Asia.…
Spanish department store operator El Corte Ingles is to open a flagship store on Alibaba’s Tmall as part of a broad collaborative approach to reaching Chinese consumers. In a wide-ranging agreement, El Corte Ingles and Alibaba will enable a raft of Spanish…