Alipay partners with major European banks

One of the world’s largest online and mobile payment platforms, Alipay, has inked deals with BNP Paribas, Barclays, UniCredit, and SIX Payment Services to drive the European expansion. Alipay (operated by Ant Financial Services Group) is keen to provide its 450 million active users to pay via Alipay across Europe. They will be able to conduct transactions at points-of-sale (POS) via the barcode-scanning method they are used to in China. Read more: