9:20 AM How Alipay is Driving Growth In the Australian Market by Creating a Seamless User Experience
Alipay is one of China’s largest online payment platforms with more than 520 million members and it is coming for Australian shores. Chinese visitors spent $9.2 billion in Australia in 2016 (including education), a figure that’s expected to increase to $13 billion by 2020. Alipay is a key enabling service which allows a customer to pay a merchant by scanning a QR code and can cater for 175,000 transactions per second. The expansion and acceptance of Alipay by Australian retailers will allow visitors to experience and discover products using a preferred payment method. Alipay’s integration with key players in the Australian market such as Commonwealth Bank, Australia Post and retailers is further creating exponential opportunity and growth.
In this session…
- Analysing how Alipay is unlocking ecommerce growth in Australia
- Exploring a wealth of customer data from shopping history and credit profile to work with merchants to provide the best costumer experience
- Providing simple access to payments and creating a frictionless transaction experience for vendors and their customers