Alipay leads China’s payments market as tap-and-pay reaches 100 million users

Alipay leads China’s payments market as tap-and-pay reaches 100 million users

Alipay, launched 20 years ago by Alibaba Group, has proved to be a revolutionary product that changed the way Chinese people make payments.

Alipay Sees Tap! Users Pass 100 Million, Accelerating Payment and AI Innovations

QR-based contactless payment solution simplifies payment, boosts customer engagement. Alipay is focusing on an AI-first strategy and a two-flywheel approach to growth: digital payment and 360° digital connectivity. HANGZHOU, China–(BUSINESS WIRE)–Alipay Tap!, a QR code-based contactless payment and customer engagement solution introduced by Alipay in China in June 2024, reports today it has won over 100 million users within 11 months. Alipay Tap…