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)

Alipay Launches ‘Consumer Friendly Zones’ in China
Alipay Launches ‘Consumer Friendly Zones’ in China
April 08, 2024  |  Retail

Alipay has launched a series of “International Consumer Friendly Zones” in China. The company’s owner, owned by China’s Ant Group, announced Monday (April 8) it...

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Capital A to Integrate Ant International’s Payment Orchestration Services
Capital A to Integrate Ant International’s Payment Orchestration Services
March 29, 2024  |  Payment Methods

Ant International and AirAsia owner Capital A Berhad are exploring ways to integrate more local payments methods and payment orchestration services into Capital A’s platform....

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Mastercard’s Partnership With Alipay Connects Digital Wallets to Cross-Border Payments
Mastercard’s Partnership With Alipay Connects Digital Wallets to Cross-Border Payments
March 25, 2024  |  Cross-border Payments

Alan Marquard, head of transfer solutions at Mastercard, told PYMNTS that remittances are ripe for continued transformation — to digital channels, and to digital wallets,...

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Mastercard Expands Cross-Border Offering With Alipay Partnership
Mastercard Expands Cross-Border Offering With Alipay Partnership
March 19, 2024  |  Partnerships

Mastercard is expanding its cross-border payment solutions by connecting to China’s Alipay. The collaboration lets Mastercard’s bank, FinTech and corporate clients offer customers a connection to an...

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Ant Group Profit Drops 92% Amid Economic Downturn, Regulatory Scrutiny
Ant Group Profit Drops 92% Amid Economic Downturn, Regulatory Scrutiny
February 07, 2024  |  Earnings

Ant Group reportedly saw a 92% decline in its quarterly profit. The FinTech company continues to face challenges in reviving its business amid an economic...

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Report: Ant Group Plans $200 Million Purchase of MultiSafepay
Report: Ant Group Plans $200 Million Purchase of MultiSafepay
January 07, 2024  |  Acquisitions

China’s Ant Group is reportedly preparing to purchase Dutch payments firm MultiSafepay. The deal, worth about $200 million, comes as Ant Group — which owns Alipay — is...

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Citcon and Alipay Partner to Offer International e-Wallet Payments
Citcon and Alipay Partner to Offer International e-Wallet Payments
December 07, 2023  |  Payment Methods

Payment service provider Citcon has launched a partnership with cross-border mobile payment platform Alipay+. The collaboration, announced in a news release Thursday (Dec. 7), is designed to allow...

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Chinese Borrowers Barred From Mobile Payments Amid Record Defaults
Chinese Borrowers Barred From Mobile Payments Amid Record Defaults
December 03, 2023  |  Digital Payments

Millions of Chinese consumers have been barred from mobile payment apps amid record defaults. More than 8.5 million people, mostly between 18 and 59, have found...

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Alipay Debuts ‘International’ Version of Mobile Payment App
Alipay Debuts ‘International’ Version of Mobile Payment App
August 17, 2023  |  Mobile Wallets

Chinese payments platform Alipay has debuted an “International Version” of its app for overseas travelers to China. The new version, announced Thursday (Aug. 17), is...

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