Tag: Alipay
QR Code payments to hit $2.7T value by 2025
Over the years, QR code payments have witnessed impressive but fragmented global growth, with significant transaction value differences between the regions. Their ability to combine payments and loyalty makes them ideal for retailers seeking to leverage valuable transactional data, while their low-cost nature is expected to drive growth in the years to come. According to…
PayPal hits 3.7bn transactions, 346m active users in Q2 2020
Recent years have witnessed a surge in the adoption of digital payments worldwide, driven by the rising number of smart devices and the booming eCommerce market. As one of the first and most significant players in the digital payments landscape, PayPal has played a huge role in building a cashless society. According to data gathered…
More UK retailers to accept Alipay following Barclaycard partnership
Chinese mobile payments giant Alipay can now be used in more UK stores after a partnership with Barclaycard was announced. AliPay is currently accepted in some UK shops, restaurants and hotels but Barclaycard says it will now offer software that will enable retailers to update their existing point-of-sale systems to support Alipay – rather than…
