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在线翻译:
szdaily -> Business
Alipay, WeChat Pay expanding fast in Europe
    2017-December-21  08:53    Shenzhen Daily

ALIPAY and Wechat Pay, China’s leading mobile payment platforms, are accelerating expansion in Europe, while overseas businesses are also trying to adapt themselves to the new consuming habits of Chinese consumers.

Alipay and WeChat Pay have become usable in many busy commercial zones in Europe, from duty-free shops in airports to vintage shops in the high streets of major European cities; from the most popular outlets in Britain to chain stores in Germany.

Ant Financial, the operator of Alipay, has set up branch offices in Britain, Luxembourg and other European countries.

Peng Yijie, vice president of the group, said that Alipay has reached cooperation with BNP Paribas, Barclays Bank, Yusin Bank, SIX, Wirecard, Concardis, Ingenico and others to jointly work to promote mobile commerce in Europe.

Among them, BNP Paribas, Barclays U.K., Yusin Bank, SIX currently have access to some 930,000 merchants in Europe.

Alipay has established cooperation with German payment service provider Concardis, reaching more than 200,000 German merchants, including major chain stores such as Metro, Aldi and Douglas.

Ant Financial hopes to extend its services to 2 billion users worldwide in 10 years.

Yin Jie, who is in charge of WeChat Pay’s cross-border business operations, said that WeChat Pay focuses on Chinese tourists in the United Kingdom and has already been used in wide-ranging ways, such as shopping, brand retail, hotel bookings and restaurants bills.

Yin said WeChat Pay supports the payment access in 19 foreign countries and regions and lands over 13 countries and regions and supports direct billing via 12 foreign currencies.

“We also hope that China’s mobile payment and intelligent life model will be explored by more countries in the future.”

(Xinhua)

 

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