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Alipay

Alibaba to launch online payment platform AliPay in Canada

Alibaba Group has announced that the online payment platform AliPay will officially launch in Canada through a partnership with Snap Pay.   Due to this announcement, Canadian retailers will start accepting Chinese currency from Chinese shoppers this week. More than 450 Canadian merchants are said to already accept AliPay in an unofficial capacity. Chinese consumers visiting Canada will…

Alipay rolls out in 242 Starbucks across Malaysia

Alipay has announced is now available for Mainland Chinese tourists at all 242 Starbucks branches across Malaysia.   Chinese tourists can find a nearest Starbucks through the in-app Discovery platform, and pay for their drinks in RMB via Alipay.   Starting from August 18 to October 31, a Chinese tourist using Alipay in Starbucks can enjoy…

China targets mobile payments oligopoly with clearing mandate

China’s central bank has ordered online payment groups to operate through a centralized clearing house, a move likely to undercut the dominance of Ant Financial and Tencent by forcing them to share valuable transaction data with competitors.   China is the world leader in mobile payments, with transaction volumes rising…

Tencent’s WeChat Pay plans to offer payment services in Malaysia

Tencent has applied for a license in Malaysia to offer local payment services via its WeChat Pay, reports Reuters.   If approved, users in Malaysia will be able to link their local bank accounts to WeChat Pay and pay for goods and services in ringgit.   WeChat Pay and Alibaba Group’s affiliate…

Concardis to support Alipay in Austria and Switzerland

Concardis, a payment service provider, has announced that it will support Alipay payments in Austria and Switzerland.   In Austria, Gössl is the first merchant that allows Chinese consumers to pay using their smartphones with the Alipay app. The clothing brand will start by supporting the app in 20 stores…

Malaysia: GHL partners Alipay for alternative payment option

Payment solutions provider GHL Systems has partnered Alipay to offer Malaysian in-store merchants and online merchants an alternative payment option.   The service rollout is set to start with the in-store merchants before the end of April 2017 and will eventually be extended to ecommerce merchants.   GHL had started…

Alipay users’ number has doubled, Ant Financial claims

Ant Financial, the payment affiliate of Alibaba, has claimed that its number of daily active users doubled in 2016. So far, the company has not yet disclosed data about the total number of active daily users, but it has reported that over 450 million people use its Alipay service for…

Alipay to launch in the US

  Alipay, the mobile payment system offered by Alibaba, has announced is coming to the US, thanks to a deal brokered with First Data. The expansion follows limited trials in California and New York, and will bring Alipay into direct competition with Apple Pay, Android Pay, and PayPal. Alongside online…