Payments News

On The Web

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Companies

Flutterwave and Alipay Partner on Payments Between Africa and China

“San Francisco and Lagos-based fintech startup Flutterwave has partnered with Chinese e-commerce company Alibaba to offer digital payments between Alipay and African merchants. Flutterwave is a Nigerian-founded B2B payments service (primarily) for companies in Africa to pay other companies on the continent and abroad… “This means that all our merchants can accept or install Alipay […]
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Companies

China’s Alipay Sets 5-year Goal to Serve 10M SMEs in Europe

“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 […]
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Companies

China’s Alipay Users Will Get Financial Advice for the First Time

“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 […]
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Companies

Alipay Sets Out Plan for Open Financial Services Platform

“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 […]

On The Wires

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Companies

Alipay, The World’s Leading Digital Payment Platform, Now Available at Thousands of Walgreens Stores Nationwide

“”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 […]
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Companies

Chinese Tourists Can Now Pay With Alipay at More Than 300,000 Merchants in Japan, Six Times More Than a Year Ago

“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 […]
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