Alipay – NFC World https://www.nfcworld.com News and analysis on the emerging technologies transforming how consumers choose what to buy, who to buy from, and how to pay Wed, 16 Jan 2019 13:24:15 +0000 en-US hourly 1 https://wordpress.org/?v=5.0.3 https://www.nfcworld.com/wp-content/uploads/2016/02/cropped-nfc-world-site-icon-32x32.png Alipay – NFC World https://www.nfcworld.com 32 32 37289602 Stripe strikes global partnerships with China’s Alipay, WeChat Pay https://www.nfcworld.com/2017/07/10/353873/stripe-partnerships-alipay-wechat-pay/ Mon, 10 Jul 2017 10:12:05 +0000 http://www.nfcworld.com/?p=53873 Reuters — “‘If you are an internet business this unlocks a new vast customer base,’ John Collison, Stripe’s president and co-founder, said in an interview. In turn, Chinese consumers will have expanded choice as to which international online merchants they can purchase products and services from, he added.”

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In China, Amazon’s ‘store of the future’ is already open https://www.nfcworld.com/2017/07/05/353804/china-amazon-store-of-the-future/ Wed, 05 Jul 2017 11:28:40 +0000 http://www.nfcworld.com/?p=53804 Tech In Asia — “This is a typical Bingobox store… A shopper opens the door – and registers with the startup – through WeChat, the popular messaging app… The customer has to scan each item’s barcode. And then pay on their phone, either via WeChat or Alibaba’s mobile wallet app, Alipay. As you leave the […]

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BBVA brings Alipay to Spain https://www.nfcworld.com/2017/06/29/353711/bbva-brings-alipay-spain/ Thu, 29 Jun 2017 14:00:36 +0000 http://www.nfcworld.com/?p=53711 BBVA — “BBVA will integrate Alipay into the bank’s Smartpay service, which turns a cell phone into a means of payment… Stores already using the service simply need to update the Smartpay app to be able to accept payments with Alipay. BBVA is also working with the large chain stores in Spain to prepare them […]

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Carnival Corporation to offer Alipay payment services onboard its fleet in Asia https://www.nfcworld.com/2017/05/30/352844/carnival-corporation-offer-alipay-payment-services-onboard-fleet-asia/ Tue, 30 May 2017 14:26:29 +0000 http://www.nfcworld.com/?p=52844 Carnival Corporation — “Carnival Corporation’s first and largest brand in China – Costa Cruises – will give passengers the option to use their existing Alipay accounts as a payment method for cabin folios. All onboard spending – including shopping, activities, excursions, food and drinks – will be added to each guest’s cabin folio as the […]

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Ant Financial enters Hong Kong market with AlipayHK mobile wallet https://www.nfcworld.com/2017/05/25/352713/ant-financial-enters-hong-kong-market-alipayhk-mobile-wallet/ Thu, 25 May 2017 09:44:00 +0000 http://www.nfcworld.com/?p=52713 South China Morning Post — “The mobile wallet and payments app, dubbed AlipayHK, is similar to its Chinese counterpart Alipay — registered users are able to top up their mobile wallets and make in-store payments that are settled in Hong Kong dollars at merchants such as Watsons, Fortress and at supermarkets like ParknShop.”

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Hangzhou buses first to all use mobile pay https://www.nfcworld.com/2017/05/24/352679/hangzhou-buses-first-use-mobile-pay/ Wed, 24 May 2017 14:44:18 +0000 http://www.nfcworld.com/?p=52679 China.org.cn — “‘Passengers can use Alipay and UnionPay flash payment cards on this terminal. Apple Pay, Samsung Pay, Huawei Pay, Mi Pay and Android Pay can be used with smartphones or wearables like watches and electronic bracelets,’ said Liu Xiaojie, general manager of public services at Ant Financial.”

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Alipay expands presence to North America https://www.nfcworld.com/2017/05/10/352262/alipay-expands-presence-north-america/ https://www.nfcworld.com/2017/05/10/352262/alipay-expands-presence-north-america/#comments Wed, 10 May 2017 11:37:06 +0000 http://www.nfcworld.com/?p=52262 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. “Our goal is to extend reliable payment services to the over four million Chinese consumers that visit North America every year,” says […]

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Apple Pay struggles in China in the face of tough competition https://www.nfcworld.com/2017/03/27/351250/apple-pay-struggles-in-china-in-the-face-of-tough-competition/ https://www.nfcworld.com/2017/03/27/351250/apple-pay-struggles-in-china-in-the-face-of-tough-competition/#comments Mon, 27 Mar 2017 13:54:43 +0000 http://www.nfcworld.com/?p=51250 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. “I don’t think Apple Pay can achieve the same market share as Alipay or WeChat Pay in the foreseeable future,” Morningstar Investment Service analyst […]

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Ant Financial invests in Korea and Philippines https://www.nfcworld.com/2017/02/21/350354/ant-financial-invests-korea-philippines/ Tue, 21 Feb 2017 16:17:06 +0000 http://www.nfcworld.com/?p=50354 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”. Ant Financial has also made its first investment in the Philippines, announcing a strategic partnership to “scale up” mobile operator Globe Telecom’s mobile wallet and digital financial service Mynt.

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Ant Financial to buy MoneyGram for US$880m https://www.nfcworld.com/2017/01/26/349675/ant-financial-buy-moneygram-us800m/ Thu, 26 Jan 2017 16:36:38 +0000 http://www.nfcworld.com/?p=49675 Alipay parent company Ant Financial has entered into a “definitive agreement” to acquire money transfer services provider MoneyGram for about US$880m. “The transaction will connect MoneyGram’s money transfer network of 2.4bn bank and mobile accounts and 350,000 physical locations with Ant Financial’s users,” Ant Financial says. “The combination will provide consumers in over 200 countries […]

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