Tag: Alipay

Retail Asia15/09/2021
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2min0
There is more restructuring underway for Jack Ma’s Ant Group with Chinese authorities reportedly seeking to break up Alipay, its super app with over 1 billion users. Chinese officials want Ant to make its traditional credit card and small unsecured loans business – Huabei and Jiebei, respectively – into two separate apps, breaking up what […]

Retail Asia06/01/2021
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2min0
Ant Group’s Alipay, Tencent Holdings’ QQ Wallet and WeChat pay are among the apps banned by executive order. Tensions between Washington and Beijing are set to rise with the latest executive order from U.S. President Donald Trump, which bans transactions with eight Chinese software applications. The move is aimed at curbing the threat to Americans posed by Chinese […]

Retail Asia29/07/2020
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6min0
Daigou business AuMake said the closure of its physical stores fast-tracked the company’s online development, launching the Broadway Online platform which gained significant momentum during the quarter. The store closures, part of the government’s restrictions to help stem the spread of the coronavirus, has also given the company time to look into developing payment platforms […]

Retail Asia19/03/2020
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2min0
The London-headquartered online money transfer service is teaming up with Chinese payments and lifestyle services platform Alipay to expand remittance options for its users. TransferWise is making more inroads into Asia with a tie-up with mobile payments giant Alipay, which will enable instant transfers to China for 17 currencies, the firm announced in a statement on Tuesday. With […]

Retail Asia09/03/2020
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3min0
Digital payment systems such as Libra and Alipay may eventually weaken traditional tools of monetary policy. In doing a good job, central banks can prevent this from happening though, according to a high-ranking Swiss central banker. The Swiss National Bank (SNB) is currently engaged in a fight against an appreciation of the Swiss franc and […]

Retail Asia03/02/2020
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2min0
An Alipay-owned insurance platform has offered to support families and medical staff affected by the ongoing coronavirus outbreak. The platform will help affected medical staff apply for coverage of 100,000 yuan ($14,000) each and 500,000 yuan ($72,000) for families of deceased victims. This follows Alibaba co-founder Jack Ma’s decision to donate $14.5 million through charitable foundations to […]

Retail Asia13/01/2020
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2min0
Tranglo will facilitate cross-border remittances to users of Alipay, who will be able to receive quick and secure money transfers within the app. Southeast Asian Fintech company Tranglo is partnering payment and lifestyle giant Alipay on cross-border remittances, the firm announced on Thursday on its blog. Tranglo said the service enables more inclusive money transfers across borders […]

Retail Asia14/11/2019
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1min0
International travelers can now use mobile payments in China as Alipay has launched a new version of its payment app designed for short-term overseas visitors. After installing the Alipay app, international visitors can register with their overseas mobile phone number to access the “Tour Pass” mini-program through which they can use the “Prepaid Card” service […]

Retail Asia17/07/2019
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5min0
Filipinos who want to contribute to environmental preservation can now conveniently use an innovative mobile phone app to help plant trees and increase the Philippines’ forest cover. Leading mobile wallet, GCash, is introducing an exciting “green” feature on the app called GCash Forest, which lets subscribers plant virtual trees that will have real-life counterparts. By […]

Retail Asia28/06/2019
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9min0
Six prominent mobile wallets across Europe, together with Alipay, announce today a collaboration to promote QR code-based digital payment interoperability for travelers both in Europe and from China. Bluecode, ePassi, momo pocket, Pagaqui, Pivo, Vipps and Alipay are working towards adopting a unified QR code, marking a milestone in connecting Europe’s thriving yet fragmented mobile […]

Retail Asia11/04/2019
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2min0
Alipay is one of the dominant forces in Chinese mobile payments solutions, but its ultimate goal, like with any payments company, is global expansion. You’ve recently covered some of Alibaba’s expansion into the UK through their partnership with Barclaycard, but there’s an unknown partner I want to introduce you to that’s giving Alipay access to […]

Retail Asia19/03/2019
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6min0
Barclaycard, which processes nearly half of the UK’s credit and debit card transactions, today announced a new agreement with Alipay, the world’s leading payment and lifestyle platform, which will allow retailers to accept Alipay transactions in stores across the UK. Building on a successful pilot over the past two years, the new agreement will enable […]

Retail Asia21/02/2019
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2min0
More than 50 Japanese banks are joining Tokyo bank J-Coin to set up a cashless payment system developed by Mizuho Financial Group, to be launched late next month. The new service will initially be rolled out to existing account holders at regional banks. Mizuho Bank will initiate the service on March 1, with regional banks […]

Retail Asia19/02/2019
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4min0
Chinese consumers visiting the U.S. can now use Alipay at Walgreens, one of the largest drugstore chains in the country. Whether traveling for business or pleasure, Alipay users can shop at 3,000 locations in major cities such as New York, San Francisco and Las Vegas to start, the companies said. The number is expected to […]


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