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: Chinese Tourists Prefer Mobile Payments
Alipay: Chinese Tourists Prefer Mobile Payments
January 21, 2019  |  International

Nielsen, a global information and measurement company, and financial services company Alipay teamed up to create a survey about the trends and habits of Chinese tourists....

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Chinese P2P Falls As Other Payment Ecosystems Expand
Chinese P2P Falls As Other Payment Ecosystems Expand
January 10, 2019  |  Ecosystems

Thanks to a nationwide crackdown on peer-to-peer (P2P) lending in China, a move that came after a series of multibillion dollar scams in that space...

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Alipay In X-Border Blockchain Pact
Alipay In X-Border Blockchain Pact
January 10, 2019  |  B2B Payments

Blockchain grabbed some headlines this past week as DLT helped foster new cross border payment initiatives, notably from Alipay and Ripple.  Elsewhere, Faster Payments gains...

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Wirecard Teams With Cimple For Alipay, FamilyMart Plans Mobile Payment Service
Wirecard Teams With Cimple For Alipay, FamilyMart Plans Mobile Payment Service
December 27, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Wirecard’s collaboration with Cimple Marketing for Alipay in Europe....

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Ant Financial Could Acquire UK’s WorldFirst For $700M
Ant Financial Could Acquire UK’s WorldFirst For $700M
December 26, 2018  |  Partnerships / Acquisitions

Ant Financial, the affiliate of Alibaba, is in discussions to pay around $700 million for U.K. payments company WorldFirst. The Financial Times reported that if...

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Ant Financial Fancies Itself As A Technology Services Company
Ant Financial Fancies Itself As A Technology Services Company
November 14, 2018  |  Fintech Investments

Ant Financial, the Alibaba affiliate, expects its core business will be technology services down the road as it expands beyond only payments. In an interview...

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Bingxi Culture Works With Alipay For Art Sharing, Razer Pay Sees Interest From Brands
Bingxi Culture Works With Alipay For Art Sharing, Razer Pay Sees Interest From Brands
November 12, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the launch of China’s Bingxi Culture “art sharing” platform that...

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Alipay Teams With UEFA For Mobile Payments At Soccer Games
Alipay Teams With UEFA For Mobile Payments At Soccer Games
November 09, 2018  |  International

With a new commerce deal for the soccer world, Ant Financial’s Alipay has partnered with Europe’s UEFA to bring its platform to events sanctioned by the organization’s...

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Ant Financial Posts Rare Quarterly Loss
Ant Financial Posts Rare Quarterly Loss
November 05, 2018  |  Earnings

Ant Financial, the Chinese FinTech giant and an affiliate of Alibaba Group, posted an earnings pre-tax loss of 2.4 billion yuan ($353 million USD) for the...

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