China’s FiiSmart to develop smartwatch that supports Alipay

FiiSmart Pay Watch

Shenzhen-based wearable device maker FiiSmart has launched a campaign on ecommerce giant Alibaba’s Taobao Crowdfunding website for a smartwatch that will support Ant Financial’s mobile payment platform Alipay and allow its wearers to make payments by generating a QR-code that can then be scanned at the point-of-sale... More

Marriott Hotels to accept Alipay

Visitors to hotel chain Marriott International will soon be able to pay for their hotel stays, food and drink purchases as well as for meeting and event bookings using Ant Financial’s Alipay QR-code mobile payment platform... More

CUP moves to block Alipay

China UnionPay (CUP), the country’s official card payments network, has issued notifications to its member banks to tell them “to avoid working with third-party payment services like Alipay”, Want China Times reports... More

Alipay Wallet hits 190m users

Alibaba-owned online payments giant Alipay’s Alipay Wallet app now has 190 million active users in China who use the solution to shop online via their smartphones, pay bills and pay for public transport... More

Octopus and Alibaba add NFC security to ecommerce

Alipay's Liang Minjun, Octopus CEO Sunny Cheung and Taobao's Daphne Lee launch the Octopus Online Payment Service

Hong Kong prepaid card provider Octopus has partnered with Chinese online giant Alibaba’s Taobao ecommerce platform and Alipay mobile payments service to let customers make secure online purchases using a combination of contactless cards, QR codes and NFC phones. More

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