Alipay | Jotup

Fund Management Companies Enjoy Significant Followings on Alipay Open Digital Lifestyle Platform

Retrieved on:

Wednesday, June 10, 2020

Alipay, the worlds leading open digital lifestyle platform, today revealed that 82 fund management companies in China have collectively attracted over 120 million followers on their official corporate accounts on Alipay as of June 9, 2020.

Key Points:

Alipay, the worlds leading open digital lifestyle platform, today revealed that 82 fund management companies in China have collectively attracted over 120 million followers on their official corporate accounts on Alipay as of June 9, 2020.
Further, 128 of 143 fund management companies in China are now offering products and services on Alipay.
In 2017, Alipay launched Caifuhao, a corporate account service powered by AI on Alipays wealth management platform.
Alipay is the world's leading open digital lifestyle platform operated by Ant Group.

Chinese Service Providers Built Over 800 Alipay Mini Programs Within Two Months, Each Drawing Over 10,000 Active Users

Retrieved on:

Wednesday, May 20, 2020

Software, Internet, Finance, Professional services, Technology, Online Retail, Mobile, Wireless, Retail, Alibaba Group, Mobile payments, Online payments, Alipay, Economy, Financial technology

By leveraging Alipays AI-driven incentive programs, service providers that consistently improve users experience on the platform can receive optimized user traffic.

Key Points:

By leveraging Alipays AI-driven incentive programs, service providers that consistently improve users experience on the platform can receive optimized user traffic.
The Shenzhen-based company rapidly developed and deployed an Alipay mini program to make its delivery services available to users of the app.
Today, Huolala continues to improve customer experience on the platform by optimizing and adding new services to its Alipay mini program.
Alipay is also working with Independent Software Vendors (ISVs), enabling them to support service providers on their digital transformation journey.

Alipay Unveils Enhanced AI-Powered Risk Engine AlphaRisk to Safeguard Businesses Amid Accelerating Digitization

Retrieved on:

Friday, May 15, 2020

View the full release here: https://www.businesswire.com/news/home/20200514005941/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20200514005941/en/
AlphaRisk: Alipays AI-powered risk engine (Graphic: Business Wire)
At the event, Alipay unveiled the enhanced version of the AI-powered risk engine AlphaRisk, the core of its world-leading risk and security technologies.
Businesses and services which can adapt quicker to this growing trend will be in a stronger position to serve customers.
With four main features, namely AI Detection, Evolution, Perception and Auto Pilot, AlphaRisk offers best-in-class real-time risk detection and management capabilities.
Tax reimbursement via Alipay is supported in 35 countries and regions, and Alipay supports 27 different currencies.

China's Online Mutual Aid Market Expected to Triple to 450 Million Users by 2025

Retrieved on:

Thursday, May 7, 2020

Professional services, Finance, International relations, Aid, Xiang Hu Bao, Alipay

By 2025, China's online mutual aid industry is expected to reach 450 million users, or nearly 32% of the countrys population, three times the number of current users, according to the Online Mutual Aid Industry White Paper published today by the Research Institute of Ant Group (the Institute).

Key Points:

By 2025, China's online mutual aid industry is expected to reach 450 million users, or nearly 32% of the countrys population, three times the number of current users, according to the Online Mutual Aid Industry White Paper published today by the Research Institute of Ant Group (the Institute).
View the full release here: https://www.businesswire.com/news/home/20200507005383/en/
White Paper Predicts Chinese Online Mutual Aid Market to Triple by 2025 (Graphic: Busness Wire)
The industry white paper, the first of its kind in China, surveyed over 58,000 users of online mutual aid on their perceptions of the industry.
Over 53% also stated that they would consider enrolling their family members in online mutual aid programs.
Users of online mutual aid programs in China are primarily from low-income or middle-income households, according to the white paper.

UATP Partners With CITCON To Increase Mobile Payment Acceptance

Retrieved on:

Wednesday, May 6, 2020

Money, Economy, Finance, Mobile payments, Payment systems, Online payments, Credit cards, Alibaba Group, Alipay, UnionPay, WeChat, Digital wallet

WASHINGTON, May 6,2020 /PRNewswire/ -- UATP is proud to be partnering with leading payment technology company CITCON to offer Alipay, WeChat Pay and China UnionPay, the preferred mobile payment options for over one billion Chinese consumers.

Key Points:

WASHINGTON, May 6,2020 /PRNewswire/ -- UATP is proud to be partnering with leading payment technology company CITCON to offer Alipay, WeChat Pay and China UnionPay, the preferred mobile payment options for over one billion Chinese consumers.
CITCON is a leading service provider for Chinese mobile wallets in North America and Europe.
CITCON is a total omni-channel commerce payment and marketing solutions provider with strong tech integration and service teams based in North America, Europe and China.
CITCON is a cross-border mobile payment and commerce solution leader, enabling merchants to accept QR-based mobile wallets in-store and online on a global scale.

Linkage Pay Brings Disruption Changes to the Payment Status Quo

Retrieved on:

Saturday, April 18, 2020

Mobile payments, Mobile telecommunications, Software, Economy, Payment systems, Online payments, Alibaba Group, Tencent, Alipay, WeChat, Linkage

Linkage Pay emerges as a timely response to the shifting landscape of the payment industry and sets out to bring about disruptive changes to the payment industry.

Key Points:

Linkage Pay emerges as a timely response to the shifting landscape of the payment industry and sets out to bring about disruptive changes to the payment industry.
By moving the bulk of offline trading services online, Linkage Pay will revolutionize the payment process and empower users to manage their assets more efficiently.
Linkage Pay, in collaboration with Alipay and WeChat Pay, aims to minimize redundancy during the payment processes and cut operating costs by 30 to 50 percent.
Linkage Pay incorporates automatic confirmation of Alipay and WeChat Pay barcode in the payment system.

Linkage Pay Brings Disruption Changes to the Payment Status Quo

Retrieved on:

Saturday, April 18, 2020

Mobile payments, Mobile telecommunications, Software, Economy, Payment systems, Online payments, Alibaba Group, Tencent, Alipay, WeChat, Linkage

Linkage Pay emerges as a timely response to the shifting landscape of the payment industry and sets out to bring about disruptive changes to the payment industry.

Key Points:

Linkage Pay emerges as a timely response to the shifting landscape of the payment industry and sets out to bring about disruptive changes to the payment industry.
By moving the bulk of offline trading services online, Linkage Pay will revolutionize the payment process and empower users to manage their assets more efficiently.
Linkage Pay, in collaboration with Alipay and WeChat Pay, aims to minimize redundancy during the payment processes and cut operating costs by 30 to 50 percent.
Linkage Pay incorporates automatic confirmation of Alipay and WeChat Pay barcode in the payment system.

Alipay Launches Initiatives to Support Wuhan Businesses as the City Comes out of Lockdown

Retrieved on:

Wednesday, April 8, 2020

Alipay, the worlds leading open digital lifestyle platform operated by Ant Financial Services Group, today announced a series of initiatives to support small businesses in Wuhan as the city emerges from lockdown.

Key Points:

Alipay, the worlds leading open digital lifestyle platform operated by Ant Financial Services Group, today announced a series of initiatives to support small businesses in Wuhan as the city emerges from lockdown.
These initiatives will later expand coverage to support service providers across China as they tap into the power of digital technologies to transform adversity into opportunities.
The section allows orders to be placed directly via the Alipay app for local specialty produce, and also enables users to access livestreams of tourist destinations across the city as it emerges from lockdown.
In addition, foreign tourists and foreigners living in China can also use Alipay for mobile payments in the country.

Smart2Pay Adds Ant Financial's HUABEI Credit Card To Its Payments Portfolio

Retrieved on:

Thursday, March 26, 2020

Alibaba Group, Online payments, Mobile payments, Economy, Payment systems, Alipay, Money, Ant Financial, Credit card

Huabei is Ant Financial's virtual credit card for its Chinese users.

Key Points:

Huabei is Ant Financial's virtual credit card for its Chinese users.
Some internal shareholders estimated that, of Alipay's 900 million Chinese users, more than half have created Huabei accounts.
James Flinterman, CEO of Smart2Pay: We are proud to add Huabei via Alipay to our already extensive Chinese payment methods portfolio.
Smart2Pay offers a single API for all payment services to international Merchants, covering credit card and local payment options throughout the world!

Ant Financial Unveils SaaS Version of Its Database Solution OceanBase

Retrieved on:

Wednesday, March 25, 2020

Ant Financial today launched the Software-as-a-Service (SaaS) version of its technology product OceanBase, a financial-grade distributed relational database that has been a key computing infrastructure for Alipay since 2010.

Key Points:

Ant Financial today launched the Software-as-a-Service (SaaS) version of its technology product OceanBase, a financial-grade distributed relational database that has been a key computing infrastructure for Alipay since 2010.
In response, Ant Financial began to develop OceanBase, and finally replaced all legacy database solutions with this new financial-grade product in 2016.
Since then, various major financial institutions, such as China Construction Bank, Bank of Nanjing, PICC Health, Bank of Suzhou and Guangdong Rural Credit Union, have deployed the OceanBase database solution.
To date, Ant Financial has provided more than 100 technology products and solutions, accelerating the digital transformations of over 200 financial institutions.