China’s Top Mobile Payment Service “Alipay” Expanded to USA

China’s Top Mobile Payment Service “Alipay” Expanded to USA

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Almost everyone knows about “Alipay” which is the most dominant mobile payment service. Now this service made its way to the US market where it can be used at point-of-sales. This is the biggest step which Alipay has taken and is expected to be making a huge impact in coming future.

450 Million Alipay Users:

Alipay has claimed to have over 450 Million users all around the world. Out of this number, most users are residing in China. Whereas, when we look around the world, mostly this payment system is used in those markets and areas where Chinese tourists are located in huge number.

Alipay, Preferred Payment Method for Chinese:

They prefer to use this payment method at different point-of-sale because it provides them convenience. The Ant Financial, which has powered the Alipay is looking to expand its service more all around the world. What the introduction of the Alipay service in the US will bring for them, we have to witness its result yet.

China’s Interest in the US Market:

With the introduction of this service in the US market, it seems like China is now more interested in the US market also. Because in the presence of many other payment systems, the introduction of the Alipay is a big step for them.

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