When Apple's "Apple Pay" and Google's "Android Pay" are staring at the fat of the German market, billionaire Ma Yun created the Far East Internet giant, China's largest online retail group Alibaba, has taken its place in Germany. The first step.
China’s largest third-party payment platform, Alipay, and German watch and jewelry brand Wempe announced on the 16th local time that in cooperation with German payment service provider Concardis, Chinese tourists can visit Wempe in Frankfurt, Hamburg, and Cologne in October this year. Stores in other places directly use the Alipay mobile app to complete the payment.
Ant Financial is the parent company of Alipay, the leading third-party payment platform in China. Ant Financial Services, which is called "Ant Financial Services Group", is Alibaba's financial sector. Concardis is Europe's leading provider of payment services and has more than 470,000 payment terminals in the region.
In fact, as early as June 2 this year, Alipay signed a partnership with Concardis, which will provide 470,000 reading devices for the 210,000 pilots set up in Germany.
In order to attract more Chinese tourists, “Concardis†hopes to use the functions paid by Alipay to comprehensively promote airports, hotels, and attractions in major cities. More and more retailers are also actively requesting the installation of Alipay in order to facilitate Chinese consumers. Card reading equipment.
It is not unreasonable that Alipay’s promotion can be so favored by German businesses. According to statistics provided by the United Nations, the number of Chinese tourists traveling to Germany each year is as large as 1 million, and the average per capita consumption in Europe is 4700 euros. Many people in this consumer group have installed Alipay software on their mobile phones. Visible, Alipay has become "the world's largest non-bank payment platform."
Germany is just the first step for PayPal to enter the European market. At present, they are also negotiating this business with Britain and France.
In order to expand into the international market, Ma Yun used his finance company Ant Financial to raise $4.5 billion as back-up funds for Alipay. Industry experts are also very optimistic about the development trend of Alipay, giving the company a valuation of $60 billion in market value. Major investors have also expressed their confidence in PayPal and believe that it has huge potential investment value.
Extended reading:
Ants can directly withdraw bank cards! It is easier to borrow money to withdraw money
Breaking news: Alipay will launch a scenario service platform “in place†at the end of the month
Alipay will be on the line new features: can solve problems with money can find Alipay
SMD: It is an abbreviation of Surface Mounted Devices. It is one of Surface Mount Technology (SMT) components. In the initial stage of circuit board production, through - hole assembly is completely manual. When the first automated machines were introduced, they could place some simple pin elements, but complex elements still needed to be placed manually for reflow soldering. Surface Mounted components mainly include rectangular chip components, cylindrical chip components, composite chip components and special-shaped chip components
Surface Mounted Devices
Changzhou Changyuan Electronic Co., Ltd. , https://www.changyuanelectronic.com