German Wirecard Taps Into the Chinese Market Through Collaboration With Alipay

Today, December 14, is the day when collaboration on innovative POS payment acceptance based on Internet technologies and value-added services in Europe between the Wirecard Group and Alipay (a unit of Ant Financial, a company related to the Alibaba Group) is set to begin. The partnership will enable the brands and retailers to tap into the Chinese tourism market, worth US$ 165 billion in 2014, as stated in the official press release, and provide a channel for them to engage with Chinese tourists.< ...

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