Alipay from Unicredit
Alipay is one of China's most popular mobile payment applications, which is now available in our country.
Alipay is the world's largest online and mobile payment platform operated by Ant Financial Services Group, a subsidiary of the Chinese giant Alibaba Group.
The users of the Alipay application are the owners of an account with a Chinese bank. Thanks to the agreement with Unicredit, the use of Alipay as a payment method will already be available in Hungary, offering new business opportunities and innovative ways of payment to customers and companies.
Why is it worth to use this service?
Alipay is a secure cash-free payment method that offers an innovative purchase experience over language and cultural constraints. Accepting partners as acceptance sites are included in the application, so the list of traders offering Alipay acceptance is available to all visiting Chinese tourists with Alipay.
Why UniCredit chose Alipay?
The introduction of Alipay services in Hungary is an excellent opportunity to utilize the rapidly growing number of Chinese tourists visiting the country.
According to the Hungarian Tourism Agency, 178 000 Chinese guests visited Budapest in 2017, making China one of the top ten countries from which most tourists come to the Hungary, in 2018 nearly 200 000 guests spent 330 0000 nights in the Hungarian capital in 2018, which will further increase in 2019 and beyond according to the expectations. The dynamically evolving tendency of this purchase power and far the most wanted innovative payment method makes the merchants providing Alipay acceptance as well attractive.
How can you accept Alipay?
- The merchant enters the purchase amount into the POS terminal.
- After the transaction is started, a QR code is displayed on the terminal.
- The buyer on his smartphone opens the Alipay application and reads the QR code that appears, and then validates the transaction with his secret ID or fingerprint.
- The transaction will then be completed and notified to both the POS terminal and the buyer via the application.
How can you get the service?
Alipay acceptance is available to our existing card acceptance partners as well as to our new customers as part of our bankcard acceptance service. Our employees are kindly help you in our branches, where you can initiate the contract process by completing the document required for the application of the service.