Tag "Alipay"
Ant Group Plans a Concurrent Listing in Shanghai and Hong Kong’s Stock Exchange
Ant Group, the parent company of China’s largest mobile payments business Alipay and leading provider of financial services technology, today announced that it has commenced the process of a concurrent initial public offering (“IPO”) on the Shanghai Stock Exchange’s STAR
Read More
Alipay Maintains Dominance in China Over Tencent’s WeChat Pay and QQ Wallet
A new report by iResearch Consulting Group indicates that the total size of third-party mobile payment transactions in China reduced by 4% for the first time in the first quarter of 2020 to compared to the same period last year
Read More
TransferWise Partners with Alipay for Instant Online International Money Transfers
TransferWise, today announced a partnership with Alipay, to provide its users with fast, affordable and convenient international money transfers to China. According to World Bank stats, China is projected to be one of the top remittance recipient countries in the
Read More
Alipay Announces Three-Year Plan to Take On WeChat’s Mini Programs
Alipay, a leading mobile payment platform operated by Ant Financial Services Group, today announced a three-year plan to further open up its platform to support the digital transformation of 40 million service providers across China. The plan marks a major
Read More
WorldRemit Announces Global Remittance Partnership With Alipay
WorldRemit has announced a partnership with Alipay, enabling consumers to use the WorldRemit app or website for cross-border remittances to the Alipay app. The international money transfer service to the Alipay app is now available from over 40 countries. “Our
Read More
South East Asia Ranked Most Popular for Mobile Payments for Chinese Tourist
Nielsen and Alipay have jointly released a new report on the latest trends in Chinese outbound tourism and the consumption habits of Chinese travelers for the third consecutive year. Surveying 4,837 Chinese travelers and 547 overseas merchants, the report finds
Read More
Tourist in China Can Finally Use Alipay, Here’s How
China’s leading mobile payments platform Alipay announced that its services are now finally available to international travelers in China. Tourists visiting China will now be able to download and use the app during the trip giving them access to Alipay’s
Read More
Soon You Might Not Need An Internet Connection to Make Payments Using WeChat
In July, Tencent’s super-app WeChat ran a trial that enabled passengers of two Spring Airlines flights between Shanghai and Chengdu to make offline payments while flying, reports Abacus. Passengers could sign up for the trial service, called WeChat on the
Read More
Apple Pay Emerges as Preferred Mobile Wallet in Hong Kong: Study
Apple Pay have emerged as the most popular mobile wallet in Hong Kong with about 29% of residents saying it was their main mobile wallet, according to the 2018 Hong Kong Retail Banking Satisfaction Study by JD Power, a global
Read More
How China’s Fintech Giants are Tapping into a US$ 600 Billion Market
China’s tech giants Alibaba and Tencent are going after global remittances, a market that sees more than US$600 billion being moved around the world annually, according to the World Bank. The two firms recently launched cross-border money transfer services to
Read More