Alipay’s 2023 new international version!

Big news for those who love convenient payments and travel: Alipay, the popular Chinese payment platform, has just introduced its new Alipay International Version at the 2023 Partner Conference, held on August 17th.

This fresh version of Alipay is designed to make life easier for international tourists visiting China. It's all about improving the payment process for travelers. But it doesn't stop there. Alipay is also planning to add more services, like helping them get around in cities, find a place to stay, and enjoy local attractions.

As a provider of B2B payment solutions, Silkpay is excited to delve into the possibilities of this transformative move to empower European businesses on a global scale and drive their expansion and prosperity.

Before this announcement, Alipay had already been working hard to make life smoother for people from other countries visiting China.

Starting from July 21st, Alipay allowed international visitors to use their mobile phones to make payments in China. All they needed to do was link their international bank cards to the Alipay app. From there, they could use Alipay all over China, whether they were grabbing a meal, taking a taxi, or riding the subway.

What's new with the Alipay international version? 

1. Support multiple currencies

One of the coolest things is that Alipay supports multiple currencies. This means international tourists don't have to worry about converting their money into Chinese RMB. Also, Alipay has made it super secure, with fancy features like biometric authentication and strong encryption to keep money safe.

Alipay is also teaming up with businesses around the world to make sure international tourists can use it in lots of places. This means they can pay with Alipay online or at physical stores in many countries.

2. More usage scenarios

In addition to offline store consumption, it can be used in China to take public transportation, ride the subway, take a taxi ride, book hotels, book flights, book train tickets, book scenic spot tickets, and even buy tickets for the Hangzhou Asian Games, and so on.

3. No language barriers

And they don't need to worry about language barriers. The Alipay International Version is user-friendly and supports multiple languages, making it easy for people from all over the world to use. Alipay International also offers tools such as translation and exchange rate conversion, and supports multilingual customer service in English and other languages.

4. Offer more financial services

The new Alipay International Version isn't just about payments; it's also about offering more financial services. Foreign tourists can now use Alipay to invest, get insurance, and borrow money. This gives them more options for managing your finances while traveling.

How to use Alipay’s international version? 

Using Alipay as an international visitor is pretty simple. International tourists just need to download the Alipay app, install it, and then link their international bank card. Alipay accepts many well-known international card brands, such as Visa, Mastercard, Diners Club, Discover, and more. So they can use Alipay wherever it's accepted in China, making the trip a lot more convenient.

What does this mean for international merchants? 

With Alipay's new International Version, more and more people from different countries will be using Alipay for their payments. This means that overseas merchants can access to a massive customer base that's already comfortable and familiar with the Alipay platform.

But there's even better news. Silkpay is here to help merchants seamlessly integrate Alipay into their payment options. By partnering with Silkpay, merchants can unlock the potential to attract more customers who prefer the convenience of using Alipay. This partnership can lead to increased sales and a more diverse customer base for businesses around the world.

Click here to watch a video to know how Alipay works in physical stores via static QR codes!

So, whether you're a traveler exploring new destinations or an overseas merchant looking to expand your customer reach, the introduction of Alipay's International Version is good news. It's all about making global transactions smoother and more accessible for everyone involved. Get ready to embrace the future of digital payments and financial services with Alipay's innovative approach!

In conclusion

The launch of the Alipay International Version at the 2023 Partner Conference is a significant milestone in the world of digital payments and financial services. It's not just about making payments easier; it's about changing how the world does business. Alipay is taking a monumental step towards becoming a global leader in this industry.

With the introduction of Alipay's International Version, the world of commerce is evolving rapidly. And for overseas merchants, there's even more reason to be excited. Silkpay, a trusted partner, is here to help businesses seamlessly integrate Alipay into their payment options. This partnership opens up a world of opportunities, allowing merchants to tap into a vast and diverse customer base, ultimately driving growth and prosperity.

Resources:

https://www.mpaypass.com.cn/news/202308/17112746.html 

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About the author: Silkpay

Based in Paris, Silkpay provides omnichannel and secure payment solutions to help physical stores and e-commerce in Europe accept more than 30 of the world's most popular payment methods: Visa, Mastercard, CB, UnionPay, Alipay+, WeChat Pay as well as Asia-Pacific’s major e-wallets.

Silkpay is a winner of the LVMH Innovation Award. The company was also selected as a finalist for the "Money 20/20" Best Startup and in the "MPE Berlin” Startup Awards. Silkpay also won the "Best Fintech" awards from Capgemini and BPCE.

Silkpay helps merchants deliver the smoothest payment experience to their customers. We are a talented and international team driven by a single goal: to improve the customer experience and make payments simple and secure.