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【Financial Str. Release】China central bank extends payment biz licenses of 24 non-banking institutions including Alipay
Chinese central bank, the People's Bank of China (PBOC) extended the payment business licenses of 24 non-banking payment institutions, reported Xinhua-run Xinhua Finance citing an announcement posted on PBOC's website Thursday.
Pet noseprint recognition technology showcased at conference
During the first INCLUSION Fintech Conference that kicked off on Thursday in Shanghai, a pet noseprint recognition technology developed by Ant Group, the parent company of China's leading mobile-payment business Alipay, was showcased and will be applied in more pet services.
Alipay uses noseprint recognition for pet insurance
Chinese mobile payment giant Alipay's insurance platform has open-sourced noseprint recognition technology to use it on the company's newly launched pet insurance, according to Alipay.
Small businesses report revenue rebound after COVID-19 shock: Alipay report
Small businesses in China recovering from the COVID-19 impact have seen revenue growth as the epidemic wanes.
ICBC deepens cooperation with Alipay
The Industrial and Commercial Bank of China (ICBC), China's biggest commercial lender, recently launched a three-year deposit product on the country's leading digital payment platform Alipay, reported the Xinhua-run Shanghai Securities Journal.
East Chinese city to build China's first digital life city with Alipay
Huzhou, a prefecture-level city in east China's Zhejiang Province, on Saturday signed an agreement with Alibaba and Ant Financial to jointly offer new services for digital life in the city, reported China Securities Journal.
China Focus: Alipay aids China's service industry in going digital
China's leading digital payment platform Alipay on Tuesday unveiled a three-year plan to support the digital transformation of 40 million service providers by working with 5,000 independent software vendors.
Alipay launches AlipayHK e-wallet service in Macao
Alipay, the world's leading payment platform, has launched its AlipayHK e-wallet service in Macao, the Xinhua-run Shanghai Securities News reported on Thursday.
China's Alipay, WeChat Pay ban virtual currency trading
China's two leading digital payment platforms Alipay and WeChat Pay have made explicit their policies forbidding transactions related to virtual currency trading.
Thanks to Alipay, Milan in first place for Chinese shopping
The record emerged from a study conducted by Planet. Milan is in first place for volume of purchases (34%) made by Chinese customers, overtaking Rome, Florence and Venice. Digital payments increased, where the role played by Alipay and the tax free market is crucial.
Alipay reports rising overseas transactions during National Day holiday
Chinese mobile payment giant Alipay reported surging overseas transactions during the National Day holiday as the company accelerates its footprint expansion across the globe.
Alipay starts face-scanning solutions with beauty filters in China's largest bookstore
Chinese payment and service platform Alipay started operating its facial recognition payment systems with beauty filters at Xinhua Bookstores, the largest bookstore in China, the company announced Tuesday.
China's mobile payment technology gains popularity overseas
As implementation of the Belt and Road Initiative (BRI) advances, the economic and trade ties between China and involving countries are getting closer, promoting the global application of China's mobile payment technology and bringing new opportunities for relevant countries.
Alipay to save big sums for SMEs with free digital tools
Alipay announced Wednesday that it will provide small and micro enterprise (SME) owners with digital tools that are free of charge, helping them save at least 50 billion yuan (7.3 billion U.S. dollars) in operating expenses over the next three years.
China's Alipay extends its footprint in online services into Thailand
The Tourism Authority of Thailand(TAT) and China's giant mobile payment platform Alipay on Monday signed a letter of intent (LOI) to create additional online services to facilitate Chinese tourist travels in Thailand.
Alipay speeds up going-global, boosting B&R connectivity for digital finance
With the accelerating “going-global” of Alipay, China’s leading mobile payment service provider, connectivity for digital finance in countries along the Belt and Road is visibly strengthened, better serving consumer needs and driving economic development in related regions.
More than 300,000 merchants in Japan adopt Alipay: Ant Financial chairman
More than 300,000 merchants in Japan have so far adopted Alipay, the mobile and online payment platform operated by Ant Financial Services Group (Ant Financial), Alibaba's financial arm, Eric Jing, chairman and CEO of Ant Financial said on Monday at a forum in Tokyo.
"Global journey" of mobile payment
With the model of "technology output and partners", Alipay has nurtured local "Alipays" in Pakistan, Bangladesh, Thailand, the Philippines, Malaysia, Indonesia, and the Republic of Korea. Today, Alipay and the local ones are serving over one billion global users.
Alipay face scan payment system introduced at Hong Kong International Airport
China's leading mobile and online payment service Alipay announced that it had launched its face scan payment system in Hong Kong Internatio
Kenya bank to boost WeChat Pay, Alipay presence in Africa
Kenyan-based regional financial institution Equity Bank plans to boost presence of WeChat Pay and Alipay in Africa, a banker said on Monday.
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