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Tuesday, April 30, 2024

Alipay predicts jump in mobile payments

A tourist shops and pays for goods using the Alipay mobile payment portal’s QR code system.

Alipay Thailand expects mobile payments made by Chinese travellers in Thailand to surge this year thanks to China’s reopening.

During Chinese New Year between Jan 21-27, Alipay mobile app payment volumes made by Chinese visitors in Thailand grew by 150% year-on-year.

Chinese visitors stayed in the country for an average of 4.18 days during the festival and spent an average of 20,000 baht per person per trip, said Sittipong Kittiprapapong, Thailand Ant Group’s general manager for global merchant partnership.

Alipay Thailand is a business unit of Alipay under the Ant Financial Services Group, which offers the world’s largest mobile payment…

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