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AlipayHK users will be able to take the MTR by simply tapping their mobile phones at ticket gates at MTR stations starting from mid 2020 as the mobile payment service provider stood out from the many bidding participants and was appointed the QR Code payment…
Alipay has announced that it will launch new initiatives to provide more digital tools, safeguards, loan services and training to further improve efficiencies and support the growth and digitization of small and micro businesses (SMBs) in China. SMBs form the…
Following the introduction of QR-code payment in more than 71,000 taxis in Seoul, all taxis in Seoul will accept Alipay beginning in January 2019. Alipay, the world’s largest online and mobile payment platform, operated by Ant Financial Services Group, can be…
International Financial Corporation (“IFC”), a member of the World Bank Group, and Ant Financial Services Group (“Ant Financial”), the world’s leading tech company and the operator of Alipay, jointly announced the 10×1000 Tech for Inclusion programme at the…
Bank Indonesia has said that foreign consumer payment applications, like China’s Alipay and WeChat that Chinese tourists reportedly used in Bali, are not approved for local use. The central bank said the applications did not comply with regulations, in…
CIMB Bank Bhd will be accepting Quick Response (QR) Payment from six major mobile wallets at its terminals, enabling it to tap into an estimated customer base of about 4.5 million in Malaysia and 520 million registered mainland Chinese. This is the first in…
Alibaba has invested an undisclosed figure in Chinese garment-sharing platform YCloset. The site’s strategic fundraising round that secured the Alibaba funding will be used to expand its data analysis functions and physical operations centres. The…
Alibaba’s Alipay payments outside Mainland China has skyrocketed during the country’s holiday season. According to Ant Financial, during July and August of this year, Alipay processed 2.6 times the number of in-store overseas transactions as it did during the…
Ele.me aims to grab a majority share of China’s food-delivery market in the near future, CEO Wang Lai, (pictured), said this week. Moving into Alibaba’s ecosystem has already created new and immediate opportunities for Ele.me and the 3 million-strong delivery…
Alipay, the world’s leading mobile and online payment and lifestyle platform operated by Ant Financial Services Group, together with the Singapore Tourism Board (STB), have launched a series of joint marketing initiatives aimed at raising destination…
Located on B2 of the Cheung Kong Center, the store, called CKC18, groups together four AS Watson retail brands in a way which makes each store appear independent, but connected. The 26,000sqft CKC18 is home to international food emporium Food Le Parc, health…
Bui Mai Phuong is an avid online shopper, ordering anything from clothing to personal-care products from her smartphone. But she prefers to pay with cash. She is among hundreds of millions of people whom firms such as Softbank Group-backed Grab and China’s…
Overseas in-store transactions over Alipay grew fivefold during the Labor Day holiday compared to the previous year, with Hong Kong topping the list of destinations in terms of transaction volumes. Transaction volumes in Hong Kong grew sevenfold over the…
Alipay, the world’s largest online and mobile payment platform operated by Ant Financial Services Group, and The Dubai Mall, the world’s largest and most-visited retail and entertainment destination, located in the heart of the prestigious Downtown Dubai,…
Mobile payments platform Alipay is expanding its cross-border footprint with new outposts Cambodia, Myanmar, Laos and the Philippines. The deployment is aimed at connecting merchants with an estimated 520 million active users in China through its Alipay’s…
Alipay, the world’s largest mobile, online payment and lifestyle platform operated by Ant Financial Services Group, announced today that the payment platform will be available in all McDonald’s restaurants in Thailand by April 2018. This makes Thailand the…
