Ant Group Sees 300% Rise in International Users Adopting Mobile Payment in China in 2024
The number of Chinese merchants regularly servicing overseas travelers through the company’s mobile payment solutions have tripled during the same period.
- The number of Chinese merchants regularly servicing overseas travelers through the company’s mobile payment solutions have tripled during the same period.
- Since 2019, Ant Group, with the support of the People’s Bank of China, has collaborated with international card networks and overseas digital wallets to drive innovation in inbound mobile payments, a collective effort known as the China Payment Facilitation Partnership.
- During the 2023 Hangzhou Asian Games, Ant introduced two mobile payment solutions for international visitors, and the number of supported international payment partners has continued to grow since then.
- Through Alipay+, the cross-border mobile payment and digitalization solutions operated by Ant International, international visitors can pay with their home e-wallets across China.