Alipay brings enhanced "cashless" experience for Chinese tourists in the Principality of Monaco
(Thomson Reuters ONE) -
* Alipay and Government of Monaco signed MoU to promote mobile payment across
the state
* Hotels, restaurants, spas, luxury stores and souvenir shops already
onboarded on the Alipay platform
LONDON, June 27, 2017 (GLOBE NEWSWIRE) -- Alipay, the world's largest online and
mobile payment platform operated by Ant Financial Services Group ("Ant
Financial", "Ant"), today announced that it has signed a MoU with the Government
of Monaco, which will enable merchants in Monaco to accept payment via Alipay,
giving Chinese tourists the same convenient payment experience that they enjoy
at home.
Douglas Feagin, President of International Business, Ant Financial Services
Group, said, "As part of our globalization strategy, we are focused on working
with local partners to bring a seamless Alipay mobile payment experience to
Chinese tourists, no matter where they go. The MoU makes Monaco the
12(th) country in Europe to accept Alipay, and we are very excited to launch the
platform in the principality in collaboration with the Government of Monaco and
our banking partner BNP Paribas."
H.E Mr Serge Telle, the Prime Minister of Principality of Monaco, said, "The
future is becoming cashless, and China is increasingly leading the market in
mobile payment innovations. It is exciting that these frictionless payment
methods are available to our Chinese visitors for the first time and we look
forward to seeing this partnership come to fruition."
The MoU was agreed at a signing ceremony attended by senior dignitaries and
business figures:
* Douglas Feagin, President of International Business, Ant Financial Services
Group
* H.E Mr Serge Telle, the Prime Minister of Principality of Monaco
* Bernard D'Alessandri, CEO, Monaco Yacht Club
* Gilbert Schweitzer, CEO, Monacair
* Jean Luc Biamonti, CEO, Monte-Carlo Société des Bains de Mer
* Didier Boidin, COO, Monte-Carlo Société des Bains de Mer
* Serge Ethuin CEO, Métropole Hotel
* Xavier Rugeroni, General Manager and Régional Vice President, Fairmont
Hotel, Monte Carlo
Over ten merchants in Monaco are already accepting Alipay, including Monte-Carlo
Société des Bains de Mer with 4 hotels (Hôtel de Paris Monte-Carlo, Hotel
Hermitage Monte-Carlo, Monte-Carlo Bay Hotel and Resort, Monte-Carlo Beach), 3
spas including Thermes Marins Monte-Carlo, souvenir and gifts shops, and
restaurants and bars. Alipay is also accepted by Monacair, Monaco's V.I.P.
helicopter airline and official supplier to S.A.S. the Sovereign Prince of
Monaco. Merchants who may onboard with the platform in the coming months include
the Monaco Yacht Club, Metropole Hotel, and the Fairmont Hotel.
BNP Paribas, one of Alipay's key partners in Europe, enables merchants to accept
Alipay across Monaco.
The agreement was brokered by Stelitt, which has partnered with Ant Financial in
marketing Alipay in Monaco and France.
Pascal Do, CEO of Stelitt added: "Tourism accounts for 12% - 15% of GDP in
Monaco and is a major driver of the economy. We are happy to connect Monaco and
Alipay; making it easier for Chinese visitors to purchase souvenirs and
experiences in a cashless way is a win-win."
Alipay is now accepted by more than eight million merchants across China and
120 thousand bricks-and-mortar shops overseas. Ant Financial has a number of key
collaborations in Europe through its network of local acquirers including BNP
Paribas, Barclays, Concardis, Ingenico, SIX, UniCredit, SIX, and Wirecard.
About Alipay
Operated by Ant Financial Services Group, Alipay is the world's leading mobile
and online payment platform. Launched in 2004, Alipay currently has over 450
million active users and over 400 financial institution partners. Alipay has
evolved from a digital wallet to a lifestyle enabler. Users can hail a taxi,
book a hotel, buy movie tickets, pay utility bills, make appointments with
doctors, or purchase wealth management products directly from within the app. In
addition to online payments, Alipay is expanding to in-store offline payments
both inside and outside of China. Over 8 million brick-and-mortar merchants now
accept Alipay across China. Alipay's in-store payment service is covering more
than 120,000 retail stores across the world, and tax reimbursement via Alipay is
supported in 24 countries and regions. Alipay works with over 200 overseas
financial institutions and payment solution providers to enable cross-border
payments for Chinese travelling overseas and overseas customers who purchase
products from Chinese e-commerce sites. Alipay currently supports 19
currencies.
About Ant Financial
Ant Financial Services Group is focused on serving small and micro enterprises,
as well as individuals. With the vision "bring the world equal opportunities,"
Ant Financial is dedicated to building an open ecosystem of Internet thinking
and technologies while working with other financial institutions to support the
future financial needs of society. Businesses operated by Ant Financial Services
Group include Alipay, Ant Fortune, Zhima Credit and MYbank.
For more information on Ant Financial, please visit our website
at www.antgroup.com; or follow us on Twitter (at)AntFinancial.
Media Enquiries
Ant Financial
Xinyun Yang
xinyun.yang(at)antfin.com
+86 138 1689 6301
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ant Financial Services Group via GlobeNewswire
Datum: 27.06.2017 - 10:00 Uhr
Sprache: Deutsch
News-ID 549886
Anzahl Zeichen: 6496
contact information:
Town:
Hangzhou
Kategorie:
Business News
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"Alipay brings enhanced "cashless" experience for Chinese tourists in the Principality of Monaco"
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