Alipay, is a third-party payment platform under Ant Financial. Dedicates to provide “Simple, Safe and Convenient” online and mobile payment solutions. Alipay makes people’s lives much easier and more convenient, building on the foundation of real-name registration and trust.
Launched in 2004, Alipay is the world’s leading third-party payment platform. As of June 2016, Alipay has over 450 million registered users and over 200 financial institution partners, offering payment services for around 10 million small and micro merchants, with its service offerings ever expanding.
Jack Ma’s Alibaba, with an estimated 2 billion customers, has joined with locally based IE Money to launch Alipay, the new system designed to be what PayPal is to eBay – a seamless payment link.
Chinese consumers in New Zealand are expected to be the main initial audience, buying goods from businesses here which sign on with Alipay.
“With the successful signing of a strategic partnership between a well-established local New Zealand finance company and the largest mobile payment company in the world, Alipay is officially launched in New Zealand, signalling the arrival a mobile payment era,” said a statement from Alipay issued in Auckland yesterday.”
Chinese buyers can make face-to-face purchases in the merchant’s stores using the Alipay App. Alipay deducts the amount of a payment from the buyer’s Alipay account in real-time in CNY and settle the payment to the merchant in a foreign currency.
The barcode payment solution provides the way to pay for an order by scanning the barcode on customer’s phone.
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- Offline Payment
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- Offline to online Payment
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- Payment and Success page
