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Alipay
Alipay is a third-party mobile and online payment platform, established in Hangzhou, China in February 2004 by Alibaba Group and its founder Jack Ma. In 2015, Alipay moved its headquarters to Pudong, Shanghai, although its parent company Ant Financial remains Hangzhou-based.
(source: en.wikipedia.org)
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Payment MethodsQR Codes Enjoy A Renaissance In A Post-COVID World
QR codes have been around for years, although they often seemed like a marginal tech solution in search of a problem. But as...
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BitcoinBitcoin Daily: Memo Recommends US Senate Vote Via Blockchain; Mastercard, Alipay Join Australian Supply Consortium Tracked With Blockchain
U.S. Senate staffers put forward the idea of blockchain voting in a “continuity of Senate” memo at the end of April, CoinDesk...
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CoronavirusAlipay Rolls Out Digital Tools To Support Wuhan Businesses
Wuhan, China – the epicenter of the disease when the COVID-19 virus exploded onto the world scene – is very slowly coming...
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Payment MethodsTransferWise Teams With Alipay For Money Transfers In China
London-based FinTech unicorn TransferWise said on Tuesday (March 17) that it is partnering with Alibaba’s Alipay to power international money transfers in...
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NewsToday In Payments: Ant Financial Rolls Out Alipay Strategy; Retail Stocks Remain Market Bright Spot
In today’s top payment news, retail remains a bright spot in the markets, Ant Financial has rolled out a strategy for digital...
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eCommerceAlipay Launches Strategy For Massive Digital Evolution In China
Ant Financial, a division of China’s eCommerce giant Alibaba, has launched a three-year strategy to make its Alipay mobile app platform available...
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Partnerships / AcquisitionsAnt Financial Acquires Minority Stake In Klarna
China’s Ant Financial has acquired a minority stake in the Swedish split payments FinTech Klarna for an undisclosed sum, Klarna announced on...
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EarningsAlibaba Group’s Retail Sales Surge 38 Pct In Q4
In its latest quarter, Alibaba Group saw its sales come out ahead of expectations, spiking 38 percent. The Chinese online shopping company had...
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Partnerships / AcquisitionsAlipay, WorldRemit Team On Cross-Border Remittance
Money transfer platform WorldRemit announced a new partnership with Alipay that will make it easier for users to do cross-border transfers and...
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InternationalAlipay’s Indonesia Operations Delayed By Red Tape
Indonesia’s central bank, Bank Indonesia (BI), has asked Chinese firm Alipay to review its payment services application. Officials in Indonesia’s House of...
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Partnerships / AcquisitionsHelbiz eScooter Sharing App Taps Alipay For Mobile Payments Offering
Micro-mobility giant Helbiz announced a partnership with mobile payments platform Alipay, which will allow customers a wider breadth of access to Helbiz’s...
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InternationalVanguard, Ant Financial Team For Investment Services In China
To provide retail consumers in China with a new widely available and streamlined investment advisory service, Vanguard and Ant Financial Services Group...
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Digital PaymentsAs Mobile Wallets Players Compete, What Will It Take To Win?
There are, as of last count, approximately 170 mobile wallets of various descriptions worldwide. Some are massive and deep-pocketed and have active...
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eCommerceIngenico On The Complexity And Rewards Of China’s eCommerce Market
The headlines focus on trade wars, on tariffs, on shifting supply chains and on slowing GDP growth. And yet the Chinese consumer...
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BitcoinBitcoin Daily: Ant Financial Starts Pilot For SMB Blockchain Network; Wyoming Announces Regulations For Crypto Custodians
Alipay’s Ant Financial announced that it is moving into the pilot stage for its blockchain network — Ant Blockchain Open Alliance, which was...
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Payment MethodsWeChat Pay Rolls Out Utility To Transfer Funds Between Smartphones
Tencent’s WeChat Pay is launching a new payments feature that lets people transfer funds using a mobile phone number, TechNode reported on...
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NewsTop News In Payments: Alipay Says ‘No’ To Crypto, Shopify Rolls Out Experts Marketplace
Today in the payments news roundup, Alipay says it will ban bitcoin and digital currency-related transactions. Also, Shopify has rolled out a...
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CryptocurrencyAlipay Bans Crypto Transactions
Alipay revealed that it will be banning any transactions related to bitcoin and other cryptocurrencies. Its announcement came the day after crypto exchange...
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eCommerceIngenico Partners With Alipay, WeChat Pay To Enable Mobile Payments In China
Global payments firm Ingenico Group is launching a suite of payment methods to help eCommerce firms operating in China, the company announced...
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InternationalAlipay Launches eComm JV With Russian Internet Company Mail.Ru
Russian Mail.Ru is forming a joint venture with Alibaba’s mobile payments division Alipay, Reuters reported on Wednesday (Oct. 9). The partnership also...
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RetailRetail Poised To Embrace New Biometrics As Innovation Heats Up
Can a person’s ear serve as one of the next frontiers of retail innovation? It might not be as far-fetched as it...
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InternationalEyeing IPO, Alibaba Gets Go-Ahead To Restructure Ant Financial
Chinese regulators have given the green light to Alibaba to restructure Ant Financial, which will open a path for an initial public...
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InvestmentsWeChat, Alipay Partner QFPay Notches $20M For Payment Innovation
Digital payments startup QFPay, the largest global partner of WeChat Pay and Alipay, raised $20 million in new funding led by returning...
- Mobile Payments
Flutterwave Teams With Alipay To Enable China-Africa Transactions
FinTech startup Flutterwave is teaming up with Alipay to offer digital payments between Alipay and African merchants. Founded in Nigeria, Flutterwave is...
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Mobile PaymentsRiverPay Facilitates Payments Via Alipay, WeChat At Harrods
Integrated payments and marketing platform RiverPay has announced that it is facilitating payments through Alipay and WeChat Pay at Harrods’ Knightsbridge store...
- Biometrics
Alipay To Add Beauty Filters To Facial Recognition Kiosks In China
Alipay will soon add beauty filters to its facial-recognition payment systems all across China, according to reports. Chinese consumers are among the...
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Global PaymentsAlipay’s Many European Plays
That Alipay is moving into Europe — and looking to support the millions of Chinese and Southeast Asian tourists who travel there...
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Mobile PaymentsEU Mobile Wallet Players, Alipay Team On QR Code Interoperability
Mobile wallet players across Europe and Alipay, the Chinese digital payment player, announced Monday (June 10) they are teaming up to promote...
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RetailAlipay Merchants Triple In Europe
Alipay has tripled its number of merchants in Europe to “tens of thousands” in the past year. “We’re talking about tens of...
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Global PaymentsThyngs Teams With CDS Global; Alipay Partners With Turkish FinTech
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Thyngs work with CDS Global to support...
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Digital PaymentsWeChat Pay, Alipay Banned In Nepal
WeChat Pay and Alipay, the Chinese digital payment apps, have been banned in Nepal due to a loss of income as a...
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RetailHow Connected Consumers Tap Into In-Store Smartphone Shopping Features
Smartphones fit squarely in the center of the social and digital lives of many shoppers — and provide these consumers with constant...
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Global PaymentsSweden’s Anyfin Notches €8M; Oman Arab Bank Debuts NFC Rewards
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Sweden-based Anyfin’s €8 million extended Series A...
- eCommerce
Klarna Powers Alipay ‘Pay Later’ Option
Three popular payment companies, Alipay, Adyen and Klarna, have teamed up to allow AliExpress shoppers to use Klarna’s “Pay Later” option for...
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Global PaymentsPaySend Debuts Payment App; PFS Teams With Garmin Pay
Welcome to The Axis, your late look at payments news from around the world. PaySend, a U.K. FinTech firm, has debuted an...
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Global PaymentsSonect Gets eMoney License In Lithuania; Alipay Teams With HarkHark For Mobile Orders
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Sonect obtaining an eMoney license in Lithuania....
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Global PaymentsViva Air To Tap Into Mobile Payments; Bookme Closes Pre-Series A Funding Round
Welcome to The Axis, your late look at payments news from around the world. Coverage includes CellPoint Mobile’s plans to enable mobile payments...
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Global PaymentsKOKU Notches $2M In Funding; Citi Taps Into Biometrics In Asia
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the $2 million pre-series A raise...
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Digital PaymentsAlipayHK And McDonalds Hong Kong Team Up For In-App Payment
AlipayHK, a mobile payment system in Hong Kong, has partnered with McDonald’s to offer payment on the McDonald’s app on smartphones, the...
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Global PaymentsTransferWise Formally Rolls Out PayNow Payments; Klarna Unveils Open Banking Platform
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the formal rollout of payments via PayNow...
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Global PaymentsAPEXX Payments Marketplace Debuts In Russia; Citcon Connects With ACCEO For Mobile Payments
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the debut of global payment marketplace APEXX’s...
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Payment MethodsBarclaycard Brings Alipay To UK Retailers With New Deal
Barclaycard, the U.K. credit card and debit card payment processor, announced Thursday (March 14) it inked a new agreement with Alipay, the Chinese...
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Global PaymentsState Bank Of India Teams With FSS; AlipayHK Attains 2M Users
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the State Bank of India (SBI)’s...
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Global PaymentsSnapPay Teams With Alipay At FoodyMart; Soldo Awarded Irish eMoney License
Welcome to The Axis, your late look at payments news from around the world. Coverage includes SnapPay teaming up with Alipay to...
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Payment MethodsAlipay Comes To Canada
SnapPay, the Canadian cross-border payments company, and Alipay, the Chinese digital payments platform operated by Ant Financial Services, announced a collaboration Wednesday...
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AppleApple, Alipay Pair On Interest-Free iPhone Financing In China
In an attempt to increase iPhone sales in China, Apple has teamed up with Alipay to give potential buyers a more affordable...
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Consumer FinanceAlipay Will Charge Fees For Repayment By Credit Card
Mobile payment company Alipay is going to start charging a fee of 0.1 percent to customers who use the service to decrease their...
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RetailWhy North American Merchants Are Adopting Alipay In-Store (And Online)
To serve travelers from China who want to shop in-store and online, retailers thousands of miles away from Asia are accepting Alipay...
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Data DiveData Dive, Signing On/Signing Off Edition: Amazon, Alipay, Payless And MoviePass
The world of payments and commerce isn’t moving at a snail’s pace these days. And last week’s events managed to qualify it...
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RetailRetail Pulse: Recess Opens ‘IRL’ Pop-Up In NY; Walgreens To Accept Alipay In More Stores
eCommerce brands are opening up pop-up shops in cities to test out brick-and-mortar retail, and Recess is using this platform to highlight...
