Financial news
Written by: Zhang Weilun, Di Ziqian
2019-12-02 18:10
Last updated: 2019-12-02 18:11Chen Wanzhen, Chief Executive Officer of Alipay Payment Services (HK) Limited, said at the "Hong Kong 01" 2019 Economic Summit Forum today that she has tried to make a lot of "wallets" in the past years, and finally has Alipay HK. In March this year, Alipay HK service It has been launched in the Greater Bay Area, and has been extended to the whole country in October. Although it is temporarily impossible to apply it to all merchants' transportation, I hope that Alipay HK users will have the same unimpeded access in the Mainland as Alipay in China.
Chen Wanzhen pointed out that the use of domestic Alipay requires a domestic bank, phone number, and real-name authentication. Alipay wants to establish a joint venture company (JV) in Hong Kong because it needs to be a living platform, because the wallet is only a basic payment tool, and localization of life is needed. The establishment of JV can be combined with the strong technology of Ant Financial , And the huge retail network of Hutchison Cheung Kong (0001), to work together to provide better services in line with the lifestyle of Hong Kong people.
Alipay works for 50,000 retail locations
Chen Wanzhen said that Alipay HK currently has about 2 million users and more than 50,000 retail outlets with Alipay payment services. She pointed out that no matter how many companies such as Octopus, Visa, Master, etc. have been in operation for many years, there are not as many application points as Alipay. The reason is that when small businesses have no business income, it may cost more than 10,000 yuan for the initial installation of payment devices. Expenses, after which monthly maintenance fees will still have to be paid. In contrast, Alipay's User Scan only needs to print some QR Codes and can charge, making payment smarter.
Ali Wan, Chief Executive Officer of Alipay Payment Services (HK) Limited (right) said that Alipay HK's services have been launched in the Greater Bay Area in March this year, and have been introduced nationwide in October. (Photo by Luo Junhao)
Promote payment intelligence
Alipay hopes to provide a seamless payment experience. Even if you go to a foreign country, you do n’t need to download an APP, you can use Alipay HK as the basis for Hong Kong dollars, and you do n’t need to worry about exchange rates and exchange rates. In addition, because Alipay is a technology company, it is decentralized through BlockChain, which eliminates transaction fees, directly displays the exchange rate, automatically displays the Hong Kong dollar denomination, and can trade instantly. For mainland tourists, when they access Alipay's platform, regardless of Hong Kong Paper or Renminbi, they can convert domestic consumers ’Renminbi into Hong Kong Paper to pay merchants, hoping to provide the simplest payment experience.
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Alipay HK (AlipayHK) Chen Wanzhen