Alipay
Alipay is one of the world’s largest digital wallet platforms, operated by Ant Group. It enables consumers to make online, in-store and cross-border payments, transfer money, pay bills and access a wide range of financial services through a single mobile application. Widely accepted across China and increasingly available internationally, Alipay has become a core payment method for domestic commerce, inbound tourism, e-commerce and digital services.
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Reasons for Popularity
Alipay is a “superapp” with features such as ridesharing, travel booking, bill pay, medical appointments, and more
Accepted by more than 80 million merchants and supported in 27 currencies, Alipay has a dominant presence both within China and internationally
Through the Alipay+ network, it supports payments across Asia, Europe, and other regions, making it popular for both local users and international travelers
