As people of the West, we’ve acquired a taste for convenience and efficiency. With that in mind, it’s not surprising to see the evolution of payment systems around the world. As consumer behaviours change, so has the way in which we purchase goods, both online and in stores. Today, mobile payment solutions are gaining more momentum. Easy, fast and light, it’s the ideal payment option for many consumers.
Alipay, China’s largest digital payment platform owned by ecommerce giant Alibaba, is now available in the U.S. The U.S. is a popular travel destination for the Chinese, and businesses are taking advantage of this opportunity. First trialled in California and New York, it is now connected with over 4 million businesses. Alipay customers can not only make online payments and money transfers, but they can also use the company’s app to pay for a taxi, book a hotel, buy tickets and book medical appointments.