Working with more than 250 overseas financial institutions and payment solution partners, Alipay currently supports 27 different exchange rates.

By allowing transactions through Alipay or WeChat Pay apps, some of the Chinese vendors who run businesses in Nepal will provide a Chinese QR code for customers to scan. Thus the money bypasses the Nepali financial system.

Around 1,000 7-Eleven chain stores in more than 11 cities in Southern China will be equipped with Alipay's facial-recognition payment device to realize a more safe and efficient way of mobile payment.

Given the huge C-end user base (almost 700 million users in China and 1 billion users worldwide), Ant Financial is continuously launching new attempts in the B-end businesses to expand this accumulated users premium.

Alipay handles more B2C or consumption-related payment activities, while Tenpay has a larger share of C2C transfers. The overseas expansion competition between the two is fierce in Southeast Asia and beyond.

The development of payment system shapes people’s consumption scenario, then the scenario’s stability will affect consumers' payment habit. China, based on a late start advantage, has leapfrogged to mobile payment.

With the mission of "bring the world equal opportunities", Ant Financial is dedicated to creating an open, shared credit system and financial services platform through technology innovations.

31% of the more than 50 million members of Xianghubao come from rural areas and small counties. Although facing lots of confrontations, Xianghubao is a program reachable for almost everyone.