News

AlipayHK reaches 2 mln users, 50000 merchants

Thursday 7 March 2019 14:09 CET | News

Alipay has reached 2 million users and 50,000 merchants in Hong Kong in its first year from the launch.

Alipay Hong Kong is a joint venture between the mainland financial services company and local conglomerate CK Hutchison Holdings.

According to Inside Retail, in its second year of business, AlipayHK will focus on widening the e-wallet’s adoption across public-transport providers and expand its cross-border payment services by strengthening collaboration among merchants.

In February 2019, AlipayHK launched its connection service across the Greater Bay Area, which covered several shopping destinations and services, helping people traveling to the Greater Bay Area. For travellers to Japan, their e-wallets can be used in the Daimaru Tenjin store in Fukuoka; the service will expand to the whole country in the following months.


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: AlipayHK, merchant, Hong Kong, mobile payments
Categories:
Countries: World