Alipay moves into Middle East with Israeli retail deal - Mobile World Live

Alipay moves into Middle East with Israeli retail deal

24 JAN 2018

Ant Financial continued its push to widen acceptance of its Alipay platform outside its home market of China, signing a deal with its first retail partner in the Middle East.

The payment company signed a deal with Israel Credit Card (CAL) to add Alipay acceptance at merchants popular with Chinese tourists. Launch brands include airline El-Al, James Richardson Duty Free and jewellery chain Diamond Mines.

Figures collated by the two companies estimate the number of tourists visiting Israel from China is increasing at a rate of 45 per cent year-on-year and reached 123,000 during 2017.

CAL CEO Doron Sapir said: “The significant increase in Chinese tourism made us realise that we had to move quickly. This alliance with the leading global brand Alipay constitutes a significant step forward in the credit sector, which will increase clientele for Israeli businesses and expose them to a new market.”

Alipay head of EMEA Li Wang added Chinese tourists “are seeking to travel and pay with only their mobile phone when they are abroad – just as they do when they are in China.”

The company signed a number of deals around the world over the last 18 months to expand acceptance of its payment service beyond its home market. These include a number of countries in Europe, Africa and Asia. Last week the company also added to its significant US presence.

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Chris Donkin

Chris joined the Mobile World Live team in November 2016 having previously worked at a number of UK media outlets including Trinity Mirror, The Press Association and UK telecoms publication Mobile News. After spending 10 years in journalism, he moved...

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