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Alipay partners leading EU banks and payment providers to drive European expansion
Alipay, now the world’s largest online and mobile payment platform, operated by Ant Financial Services Group, has announced a series of partnerships with some of Europe’s largest financial institutions and a leading payments-service provider to provide Alipay’s 450 million active users with more opportunities to use its services across Europe. The partnerships with BNP Paribas, [...]
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Alipay expands into Europe
Alipay announced its official expansion into the European market, with a particular focus on UK, Germany and France. With this launch, Alipay simplifies payments for Chinese tourists utilizing western businesses when travelling. In 2014, 117 million Chinese tourists travelled abroad spending $165 billion. This is forecasted to reach 234 million tourists by 2020, offering a [...]
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Global mobile payment market to reach $620 billion in 2016
With major smartphone brands Apple and Samsung making a big entrance into...
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Mobile wallets – a comparison chart
and a whole raft of others. There has been plenty of talk about mobile wallets, but now, as the “Pays” begin to roll out we take a brief look at their difference. The infographic above, created by CNN Money, breaks down the major differences between the three major Pays as well as PayPal and Bitcoin methods [...]
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