Independent EFTPOS and payment provider Smartpay Holding has signed a deal with Chinese payment provider Alipay that will give up to 25,000 Australian and New Zealand Smartpay merchants the ability to access what is China's preferred payment method.
Taxi fleet operator Cabcharge attributes significant technology initiatives to contributing to the company’s growth over the half year to the end of December and delivery of $90 million in revenue.
Local taxi payment vendor Cabcharge has tied up with Chinese payment platform Alipay to try and attract the ever growing number of Chinese tourists into using taxis and using a payment method which is familiar to them.
China's extended Golden Week was 1 to 8 October this year, and now that it's over, Alipay has shared some stunning stats on payment growth and activity.
With 751 million Internet users — nearly 55% of the population — and 663 million smartphone users, China dwarfs every other country when it comes to digital metrics. Of those Internet users, 72.1% are between 10 and 39 years old.
Online payments provider Stripe has opened its platform to allow Australian businesses, and businesses worldwide, to accept payments from Chinese consumers who use mobile payment platforms Alipay and WeChat Pay.
Australia was ranked the fourth highest selling country in Chinese online retailer Aibaba’s Global Shopping Festival last Friday, driven by an increased number of Australian businesses participating, as well as what Alibaba describes as “stand-out performances” by several local retailers and brands.
The Commonwealth Bank has signed a memorandum of understanding (MOU) with Alipay, the world’s largest mobile and online payment platform operated by Chinese giant Ant Financial Services Group, to deliver payment solutions aimed at benefitting Australian and Chinese consumers and retailers.
There has been a significant upsurge in international remittance activity in the past two years, with a number of cross-border mobile remittance services now being deployed, according to analyst firm Juniper Research.
Asian payment methods are driving global mobile adoption, with a new research study revealing that over a third, or 34%, of browser-based online transactions globally are now made on a mobile device, compared to 30% previously.
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