- The new agreement will enable UK retailers to accept Alipay payments in-store, and connect with Chinese tourists before they travel to the UK
- Chinese tourists represent an important growth opportunity for British retailers, and are expected to spend more than £1 billion this year
- Alipay users will benefit from a more convenient and familiar in-store payments experience, while merchants will benefit from increased brand awareness and consideration
HANGZHOU, China--(BUSINESS WIRE)--Barclaycard, which processes nearly half of the UK’s credit and debit card transactions, today announced a new agreement with Alipay, the world’s leading payment and lifestyle platform, which will allow retailers to accept Alipay transactions in stores across the UK.
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