The two companies’ partnership allows overseas card transactions completed on the digital wallet of Alipay, the third-party mobile and online payment platform owned by Ant Financial, to be processed through Mastercard’s omnichannel payments platform, enabling small- to medium-sized businesses (SMBs) to easily accept payments from anywhere in the world. This news comes a week after Alipay and Mastercard announced that they have teamed up to offer a new payment option for international visitors to China. In addition, only some businesses were allowed to process foreign-issued credit cards, per the report.įoreign visitors who wanted to use Tencent’s mobile payment network had to set up a Chinese bank account, according to the report.Ĭhen said in the release: “Our efforts to further open payment services to visitors coincide with the full resumption of travel and tourism to China, as well as major upcoming international events in the country scheduled this year.” Many shops and restaurants in the country now accept only mobile payments - the payment method that has become most common in China, the report said. Linking international credit cards to the WeChat app will solve the challenge foreign visitors have faced when trying to pay for goods and services in China, Reuters reported Wednesday (June 28). When this ability is rolled out next month, foreign tourists visiting China will be able to pay with the WeChat app, Royal Chen, vice president of Tencent Financial Technology, said Wednesday (June 28) at the World Economic Forum, according to a press release emailed to PYMNTS. Send money online with Western Union your way, today.Tencent will allow Visa credit cards to be linked to its WeChat app. With WU.com and the Western Union® money transfer app, you can send money the way most convenient for you and your receiver. To read more about online money transfers through Alipay’s mobile wallet 1 in China click here.Ĭheck out other payout options when sending money with Western Union to China online. The money will be paid out to your receiver’s bank account connected to your receiver’s Alipay mobile wallet 1. Select the purpose of your money transfer.Ĭhoose and select the purpose of your money transfer after inputting the necessary details of your receiver.Ĭonfirm and pay to complete your online money transfer. Alipay ID is your receiver’s phone number registered to their Alipay account.ĥ. Provide your receiver’s full name and Alipay ID connected to their Alipay mobile wallet 1 account. Provide the necessary details of your receiver. Do not forget to check transfer fees 2 before sending money to Alipay mobile wallet 1.Ĭhoose Alipay mobile wallet 1 as a receiving option.Ĥ. Choose your receiver’s country and the money amount you wish to send.Ĭhoose China as your receiver’s country and choose the amount you wish to transfer. Do not forget to register your profile and log in.Ģ. Money transfers to Alipay are available online on WU.com and with our handy Western Union® app. Visit com or download our money transfer app. Follow the steps below and make your first online money transfer to Alipay mobile wallet 1 now!ġ. Transferring money online through Alipay is quick and simple. Make your first money transfer to Alipay mobile wallet 1 on WU.com or send money with a few taps with the Western Union ® app. Send money reliably to a payment platform used by over a billion people globally.Send money directly to your receiver’s bank account linked with Alipay mobile wallet 1.Transferring money through Alipay mobile wallets 1 is another reliable way to send money to family and friends in China. Western Union, in partnership with Alipay, now allows its customers to send money online directly to their loved ones in China to Alipay mobile wallets 1. Send money online to the Alipay mobile wallet 1 in China and enjoy the ease and convenience of transferring money with Western Union.Īlipay is one of the largest mobile payment platforms in the world. You can send money to Alipay online – either at WU.com or with easy to use Western Union ® money transfer app. Now you can choose Alipay mobile wallet 1 as a receiving option, and transfer money quickly and reliably to your family and friends in China.
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