Chinese tourists in North America will soon be able to make in-store mobile payments at some 4m locations using Alipay, following a partnership between the mobile payment service and payment processor First Data... More
Apple Pay is “struggling” in China due in part to a minority smartphone market share and consumers being “far more accustomed” to competing services such as Alipay and Tencent’s WeChat Pay... More
Alipay parent company Ant Financial is to invest US$200m in South Korean mobile finance platform Kakao Pay to “expand its online and offline payment coverage”... More
Alipay parent company Ant Financial has entered into a “definitive agreement” to acquire money transfer services provider MoneyGram for about US$880m... More
Alibaba’s payment affiliate Ant Financial is “definitely” looking into using blockchain to underpin its mobile payments platform Alipay, CEO Eric Jing has told CNBC, adding that artificial intelligence and blockchain will be “deeply” integrated into Ant Financial’s operations... More
The People’s Bank of China (PBOC) is to ban third-party payment providers, such as Alibaba-owned Alipay, from using their clients’ money, China Daily reports... More
Australian merchants using Quest Payment Systems payment terminals can integrate support for Alipay mobile payments following a software update... More
Another 930,000 European merchants will soon accept Alipay mobile payments at the point of sale, following partnerships between the company and some of Europe’s largest financial institutions and payment service providers... More
Retail giant Muji is to accept Alipay mobile payments in nearly 200 stores in mainland China... More
More than one billion online and offline transactions were made through Alipay at this year’s Singles’ Day Shopping Gala, an increase of 48% from 2015, with the peak number of transactions standing at 120,000 in a single second... More
French department store Printemps has partnered with financial services company Wirecard to accept mobile payments from customers using Alipay, the first in France to support the Chinese-based payments solution... More
Alipay parent company Ant Financial is investing an undisclosed sum into Thai online payment provider Ascend Money... More
Alipay has signed a memorandum of understanding (MOU) with Commonwealth Bank of Australia to enable in-store and online payments for Chinese tourists in Australia... More
Chinese mobile payments giant Alipay is targeting 2bn users globally in the next decade, the company’s Douglas Feagin has revealed at Money20/20 in Las Vegas... More
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