FAB, Alipay to help UAE merchants unlock more business opportunities

Wednesday 5 February 2020 14:57 CET | News

First Abu Dhabi Bank (FAB) has partnered with Alipay to better connect UAE merchants with the growing number of Chinese residents and tourists.

FAB provides payment processing services to over 27,000 merchants across the UAE, and this partnership aims to enable Alipay’s 900 million Chinese users to pay at a variety of retailers in the UAE, streamlining the payment experience.

According to Dubai Forum, more than 200,000 Chinese people reside in the UAE, and the Department of Culture and Tourism – Abu Dhabi expects 600,000 Chinese tourists to visit the emirate by 2021. 

Earlier in 2020, WorldRemit has also announced a partnership with Alipay, enabling consumers to use the WorldRemit app or website for cross-border remittances to the Alipay app.

More: Link

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: FAB, Alipay, UAE, China, ecommerce, merchants, payment processing
Categories: Payments & Commerce
Countries: United Arab Emirates
This article is part of category

Payments & Commerce