Alipay Strikes New Partnerships to Expand Acceptance Across Europe
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Alipay Strikes New Partnerships to Expand Acceptance Across Europe
Alipay, China’s biggest payments service, has struck several partnerships with BNP Paribas, Barclays, UniCredit, and SIX Payment Services as the company looks to expand its footprint and deepen its mobile-payment push into Europe.
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The company controlled by billionaire and Alibaba co-founder Jack Ma is partnering with such large European institutions in order to make it easier for its 450 million active users to continue using Alipay widely across Europe. It means they can pay for their purchases in yuan using their Alipay accounts.
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