Ant Financial launches AlipayHK mobile wallet in Hong Kong

Thursday 25 May 2017 11:55 CET | News

Ant Financial, the finance arm of ecommerce group Alibaba, has launched AlipayHK, its mobile wallet and payments app, in Hong Kong.

The mobile wallet and payments app works in the same way as its Chinese counterpart, Alipay: users can top up their ewallets and then make online or in-store payments.

AlipayHK app generates a unique QR code that merchants have to scan to complete the transaction. Ant Financial said that the app can also be used offline as it automatically generates QR codes, which allow transactions to go through, without an internet connection.

Registration on the app requires a Hong King phone number that will be associated with the client’s account. Users can then link their Visa or Mastercard credit cards to the account. Currently, peer-to-peer money transfers are unavailable for AlipayHK users, who are only allowed to make payments with merchants and to purchase on Taobao.

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Keywords: Ant Financial, AlipayHK, Hong Kong, Alipay, Alibaba, mobile wallet, mobile payments
Categories: Payments & Commerce | Mobile Payments
Countries: World
This article is part of category

Payments & Commerce