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Top fintechnews.au News

Revolut Australia Launches Alipay-Powered Transfers to China

Yuan · Australia

Revolut Australia Launches Alipay-Powered Transfers to China

Revolut has partnered with Ant International to enable customers to send Chinese Yuan to China using a recipient’s Alipay ID. The service is powered by Ant International’s global remittance solutions. China is among the top five global recipients of remittances in 2024, with an estimated inflow of US$48 billion. It is also the second most common remittance destination for Australia. Revolut’s collaboration with Alipay is positioned to support th…See the Story