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05-10-2017, 04:20 AM
China's Apple Pay competitor is about to hit the U.S.
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Look out, Apple Pay: Alipay (http://mashable.com/category/alipay/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), one of China's biggest mobile payment services, is coming to the United States. (https://www.firstdata.com/en_us/about-first-data/media/press-releases/05_08_17_2.html)
The payment platform, which is an extension of Ant Financial and Jack Ma's Alibaba (http://mashable.com/category/alibaba/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial) ecommerce empire, will enter the U.S. market as part of an agreement with retail payment processor First Data (https://www.firstdata.com/en_us/home.html). Alipay will soon be available at First Data's four million domestic business clients, starting with the company's Clover (https://www.firstdata.com/en_us/products/small-business/retail.html) POS platforms. **
The U.S. expansion follows Alipay's growth into other international markets, as the platform hit Europe last year (http://www.cnbc.com/2016/04/05/alipay-to-launch-in-europe-as-alibaba-steps-up-payments-game.html) and acquired its way into Southeast Asia last month (http://mashable.com/2017/04/19/alibaba-merge-hellopay/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial). The service boasts over 450 million users worldwide — but this is its first entry into **rth American markets. ***** Read more... (http://mashable.com/2017/05/09/alipay-comes-to-us/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Apple Pay (http://mashable.com/category/apple-pay/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Mobile Payment (http://mashable.com/category/mobile-payment/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Alipay (http://mashable.com/category/alipay/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Alibaba (http://mashable.com/category/alibaba/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Tech (http://mashable.com/tech/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://pubads.g.doubleclick.net/gampad/ad?iu=/6692/mash.to/rss&pos=atf&tag=ad&mtype=standard&type=rss&sz=300x250&c=1494368060 (http://pubads.g.doubleclick.net/gampad/jump?iu=/6692/mash.to/rss&pos=atf&tag=ad&mtype=standard&type=rss&sz=300x250&c=1494368060)
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Look out, Apple Pay: Alipay (http://mashable.com/category/alipay/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), one of China's biggest mobile payment services, is coming to the United States. (https://www.firstdata.com/en_us/about-first-data/media/press-releases/05_08_17_2.html)
The payment platform, which is an extension of Ant Financial and Jack Ma's Alibaba (http://mashable.com/category/alibaba/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial) ecommerce empire, will enter the U.S. market as part of an agreement with retail payment processor First Data (https://www.firstdata.com/en_us/home.html). Alipay will soon be available at First Data's four million domestic business clients, starting with the company's Clover (https://www.firstdata.com/en_us/products/small-business/retail.html) POS platforms. **
The U.S. expansion follows Alipay's growth into other international markets, as the platform hit Europe last year (http://www.cnbc.com/2016/04/05/alipay-to-launch-in-europe-as-alibaba-steps-up-payments-game.html) and acquired its way into Southeast Asia last month (http://mashable.com/2017/04/19/alibaba-merge-hellopay/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial). The service boasts over 450 million users worldwide — but this is its first entry into **rth American markets. ***** Read more... (http://mashable.com/2017/05/09/alipay-comes-to-us/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Apple Pay (http://mashable.com/category/apple-pay/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Mobile Payment (http://mashable.com/category/mobile-payment/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Alipay (http://mashable.com/category/alipay/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Alibaba (http://mashable.com/category/alibaba/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Tech (http://mashable.com/tech/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://pubads.g.doubleclick.net/gampad/ad?iu=/6692/mash.to/rss&pos=atf&tag=ad&mtype=standard&type=rss&sz=300x250&c=1494368060 (http://pubads.g.doubleclick.net/gampad/jump?iu=/6692/mash.to/rss&pos=atf&tag=ad&mtype=standard&type=rss&sz=300x250&c=1494368060)
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