Chinese online payments service that accepts most payment instruments but not e-wallets. Link to external site : Website for Alipay Wallet (Part of Ant Financial Services) |  |
| Brand | |
| Launched in | |
| Status |
Active Register/Log In |
| Launch |
2009 Register/Log In |
| Importance |
Leader Register/Log In |
| Traction |
Very High Upgrade to Bronze |
| Evaluation |
North/Latin America, Asia/Pacific , Europe Register/Log In |
| Account Type |
Stored Value Register/Log In |
| Business Model |
Retail Led; Consumer Fee, Per Transaction; Upgrade to Bronze |
| Class |
| Send | Services | Receive | ||||
|---|---|---|---|---|---|---|
 Location  Mobile  Web |
 Card  Wallet |
 |
 DMT DW  MP  OP |
|
Card Wallet |
Location Mobile Web |
| Model |
non-bank based Upgrade to Bronze |
| Who Leads? |
third party led Upgrade to Bronze |
| Reach |
Regional Upgrade to Bronze |
| Active Users |
300,000,000 Upgrade to Bronze |
| Registered Users |
300,000,000 Upgrade to Bronze |
| Potential Mobile Market (m) |
957.018 Upgrade to Bronze |
| Regulations |
| Persona | |
| Purpose | |
| Active Services | |
| Card Type | |
| ServicesDescription | |
| Channels | |
| Payment Instruments | |
| Cash I/O Description | |
| Cash I/O No Of Locations | |
| Handsets |
Soundwave payment so far works only on Android. Register/Log In |
| Technologies |
Technology includes web interfaces and a mobile app. Bar codes, QR codes and sound wave payment technology are supported for transfer of funds. Register/Log In |
| Interoperability | |
| RegistrationProcess |
| Main Segment | Online |
| Segment Description | Alipay was originally designed to allow the SME segment to conduct business over the internet. It supports online payments by offering both consumers and merchants an easy way to do business online. Since January 2013 the mobile app has extended to cover in-store and remote mobile payments and money transfer. |