Alipay target: Serve 10m European SMEs by 2024

November 14th, 2019 – Alipay has set a target of supporting 10 million small to medium sized businesses in Europe over the next five years with new payment innovations and partner programmes.

Expanding its existing partnership with Worldline, Alipay’s Asian e-wallet partners will now allow European merchants to accept payments at Alipay-enabled points of sale. This will mean increased footfall and spending from Asian tourists in Europe.

Alongside this, and following news last week that visitors in China will get Alipay – and WeChat Pay – access, the Ant Financial payments platform has developed ‘Mini Programs’, designed to capture tourists en-route at airports around the world.

More…https://www.finextra.com/newsarticle/34765/alipay-target-serve-10m-european-smes-by-2024

Written by Finextra