“Alipay+, provider of global cross-border digital payment and marketing solutions, announced its merchant coverage has more than doubled to 2.5 million, as it continues working on connecting businesses to multiple digital payment methods by collaborating with acquirer partners. The payment methods merchants can adopt through one-time integration has now reached 15, so that they can tap over 1 billion e-wallet users and unlock the consumption potential of the mobile-savvy consumer.”

“Alipay+ and its e-wallet partner GCash were featured last week at the Philippines launch of SHEIN, the leading fashion and lifestyle global e-retailer’s first-ever popup store. The event showcased how Alipay+ utilized its payments and marketing solutions to engage the e-commerce giant and e-wallet users in a variety of online to brick-and-mortar scenarios through exclusive incentives. GCash users who visited the offline popup store and completed online payment through Alipay+ on SHEIN’s website or app enjoyed extra PHP130 off at checkout with promotion codes provided on site. Users whose online orders exceeded PHP2999 also won an exquisite magic blind box exclusively designed by Alipay+ for the four-day popup event, which started on October 20. The SHEIN event also attracted broad attention and participation from the public as those Alipay+ magic blind box winners enthusiastically shared their joyful moments at the popup store on social media, including Instagram to strike their best poses on the runway and at the photo booth with eye-catching clothes and accessories from the popup.”

“Global payments fintech disruptor, Till Payments (Till) has announced a partnership with Alipay+, a suite of cross-border payments and marketing solutions operated by Ant Group, to integrate Alipay into its new Education product offering and explore the potential integration of other digital payment methods brought by Alipay+. Till’s education offering has been designed for higher education institutions to support the revival of Australia’s $20 billion international education market, which has declined in recent years due to border closures and pandemic restrictions. As part of the collaboration, partners and merchants using the offering will be able to accept international student tuition fees via Alipay. The new product also offers seamless integrations into popular campus commerce systems, providing valuable insights and offering a connected and streamlined way to manage tuition payments.”

“Ant Group today announced the launch of Alipay+ Unified Payment. This major product upgrade provides a unified, scalable technical solution to help online and brick-and-mortar merchants collect money through all digital payment methods supported by Alipay+ in a more convenient and effective way. Alipay+ offers a suite of innovative cross-border digital payments and marketing solutions, enabling merchants, especially small and medium-sized businesses, to better serve consumers worldwide. With this upgrade, Alipay+ Unified Payment further helps merchants directly reach over one billion consumers by making it easier for them to pay. Going forward, digital payment users in different countries can make cross-border payment with their local currencies wherever they see an Alipay+ sign, either online or offline, if the mobile payment methods they use adopt Alipay+ solutions.”

“Alipay, the brand of Ant’s consumer finance app, claims to earmark 1.3 billion annual active users as of March. The majority of its users came from China, while the rest were brought by its nine e-wallet partners in India, Thailand, South Korea, the Philippines, Bangladesh, Hong Kong, Malaysia, Indonesia, and Pakistan.”

“Alipay unveiled the enhanced version of the AI-powered risk engine AlphaRisk, the core of its world-leading risk and security technologies. Backed by AlphaRisk, Alipay’s fraud loss rate has been kept under 0.64 in 10 million. This means that for every $10 million worth of payments, fraud induced loss is less than $0.64, which is significantly lower than industry average.”

“Alipay has set up a special section, visible from the landing page of the Alipay app, to allow the platform’s 900 million users to easily locate merchants and their respective products and services in Wuhan. The section allows orders to be placed directly via the Alipay app for local specialty produce, and also enables users to access livestreams of tourist destinations across the city as it emerges from lockdown. Local merchants, including restaurants and tourist sites, will benefit from this initiative.”

“Chinese mobile payments giant Alipay has announced a three-year plan to evolve its current offering into an open financial services and digital lifestyle platform — and has set a target of attracting 40m service providers by 2030. “The plan marks a major milestone as Alipay continues to strengthen its positioning in China, evolving from a platform that provides inclusive financial services to an open, vibrant digital ecosystem that offers users a gateway into a comprehensive digital lifestyle, right in the palms of their hands,” Alipay says.”

“Thanks to smart phone apps like Alipay and WeChat Pay, hundreds of millions of Chinese have quick and easy access to financial services. Those offerings are becoming increasingly sophisticated: For the first time, ordinary Chinese investors will also have access to watchdog-approved financial advice. The service will be available through a partnership between Ant Financial , which operates Alipay, and the $5.9 trillion US fund giant Vanguard. The joint venture is the first to win approval from the China Securities Regulatory Commission (CSRC) to provide professional advisory services.”

“Alipay, the digital wallet from Ant Financial Services Group, announced a new target to support 10 million small and medium-sized businesses in Europe over the next five years, which will be able to serve more than 2 billion potential consumers traveling there from across the globe. Alipay announced the agreement during its Alipay Partners Global Summit in London, where an expanded partnership agreement with Worldline to expand acceptance of the mobile wallet by European merchants was announced as well as a new initiative to serve airports around the world.”

“Alipay is making big inroads in Europe as Chinese tourists flock to the region, according to the leader of the Chinese firm’s European division. Roland Palmer, head of Europe for Alipay, told CNBC on Tuesday the company has tripled the number of European merchants accepting its online and mobile payment platform to “tens of thousands” in the past year.   “We’re talking about tens of thousands of merchants who are really excited about the opportunity that Alipay provides them to tap into those wealthy and middle class consumers who are traveling to see the world and want to buy great brands from Europe,” Palmer said in an interview from the Money20/20 Europe conference in Amsterdam.”

“Alipay, the world’s leading payment and lifestyle platform operated by Ant Financial, has connected more than 300,000 Japanese merchants as of early 2019 with tourists from Chinese mainland paying through the Alipay app…This was an increase of about 500 percent compared with the beginning of 2018, when 50,000 merchants in Japan accepted Alipay, amid a push by the Japanese government to drive greater adoption of mobile payments.”

“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.”

“”Walgreens is focused on making shopping more convenient for our customers. This collaboration has particular significance for our Chinese customer population, who now has a new way to experience Walgreens,” said Richard Ashworth, Walgreens president of operations. “Not only can they buy our products via our dedicated store on Alibaba’s Tmall Global marketplace, but they will now also be able to shop in the U.S. using Alipay as they would in China. We look forward to the ongoing evolution of our partnership with Alibaba Group.””

“While Alipay has grown rapidly in its first year of Canadian operations, the Chinese e-payment giant plans to focus on the spending patterns of tourists, students and other consumers from China, rather than potential local consumers.”

“With 870 million users, Alipay is quickly becoming one of the world’s largest mobile payment platforms (its user base is second to WeChat Pay, which has 900 million users). The purchasing power of Chinese tourists, who on average spent more than $5,500 on overseas trips last year, is a market U.S. retailers are trying to capture. For Guess, adding Alipay is also a part of its China growth strategy; letting Chinese customers use Alipay in the U.S. creates a similar experience that these customers would have shopping at Guess locations in China. Guess currently has 132 stores in China.”

“Alipay, China’s leading digital payment platform operated by Ant Financial Services Group, and PIER 39, one of San Francisco’s most popular tourist destinations for shopping, dining and entertainment, today announced a partnership to create a seamless payment experience for Chinese travelers. Through the partnership, more than 40 merchants and vendors located on PIER 39, including Blue & Gold Fleet, Bubba Gump Shrimp, Fog Harbor Fish House and the Aquarium of the Bay, will now accept payment via Alipay’s mobile wallet through point-of-sale machines activated and implemented by CITCON, a leading cross-border mobile payment and marketing solutions provider that helps connect merchants with Chinese mobile wallet users.”