Daily Review: Alipay Storms North America

Brace, PayPal, Google, Apple, Samsung, and anyone railroading customers with proprietary mobile wallets and other payments products. Alipay comes to North America. Slowly, but confidently, Alipay builds its partnerships to storm the market.

Alipay Partners with Poynt to Provide Millions of Chinese Travelers with Seamless Payment Acceptance on Smart Terminals Across North America

Chinese payments giants are paving the highway into the US payments industry, and someone (namely, Apple Pay, Samsung Pay, and Android Pay) ought to get nervous. Alipay has resources and domestic experience to potentially dominate any market.

Operated by Ant Financial Services Group, Alipay is the world’s largest mobile and online payment platform. Launched in 2004, Alipay currently has over 520 million active users and over 200 dome ...

To continue reading, sign up for MEDICI Inner Circle and get free access for 30 days.
100,000+ FinTech professionals trust MEDICI Inner Circle to stay up to date on the latest in financial services.