Alipay expands across Europe

Another 930,000 European merchants will soon accept Alipay mobile payments at the point of sale, following partnerships between the company and some of Europe’s largest financial institutions and payment service providers. The Ant Financial-owned firm is collaborating with BNP Paribas, Barclays, UniCredit and SIX Payment Services to enable Chinese tourists to make payments using the Alipay barcode-scanning capability across the continent, providing its 450m users with “more opportunities to use its services across Europe”.