View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
June 10, 2019

Alipay collaborates with six mobile wallets to launch unified QR code

Alipay, the Chinese mobile payment platform operated by Ant Financial, has partnered with six mobile wallet providers in Europe to support QR payment interoperability.

The mobile wallets involved in the partnership are Austria’s Bluecode, Finland’s ePassi and Pivo, Oslo-based Vipps, Spain’s Momo and Portugal’s Pagaqui.

Together, these apps have five million users and more than 190,000 merchant partners.

The wallets will now utilise a QR code format offered by Alipay.

Ant Financial chairman and CEO Eric Jing said: “We feel honoured to help promote a smart lifestyle and digital experiences in Europe, while continuing to connect more merchants with more Chinese tourists.”

Under the alliance, users of one of the aforesaid wallets would be able to pay at merchants across Europe that accept the other wallets.

Moreover, Chinese users of Alipay would be able to make payments at European merchants that accept these wallets.

The technical services to support the integration process will be provided by ePassi and Bluecode.

Plans are on to eventually expand the service into more countries in Europe.

Commenting on the partnership, Vipps CEO Rune Garbog said: “This unique cooperation is a testament to how collaboration in Europe can simplify the market for businesses and users to create better outcome for everyone.”

 

Topics in this article: ,
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Electronic Payments International