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AliPay grows overseas with China outbound tourism

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 Insights

21-Jan-19 As Chinese consumers increasingly vacation overseas, their mobile-payment apps are following them, and offering a new way for merchants to attract customers. More than half of businesses saw an increase in foot traffic and transaction size after adopting Alipay. [image: Nielsen / Alizila]

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Bupa acquires Turkey’s second largest health insurer

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 Insights

20-Jan-19 Bupa has acquired Turkish company Acıbadem Sigorta, a specialist health insurance provider with both corporate and individual customers, headquartered in Istanbul, with over 500 employees, covering 600,000 customers and gross written premiums of TRY913 mn (USD173 mn). [image: Bupa Newsroom]

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Malaysia switches on real-time payments platform

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 Insights

14-Jan-19 Malaysian consumers can now conduct instant P2P payments using just the recipient's mobile phone, passport or identity card number, with the go-live of the country's Real Time Payments platform Payments Network Malaysia (PayNet), powered by ACI Worldwide. [image: Finextra]

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Alipay now has over 1 billion users worldwide

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 Insights

10-Jan-19 Worldwide users of Alipay, China’s leading online payment platform, have exceeded one billion. Alipay’s Ant Financial Services Group said it had cooperated with nearly ten major overseas smart payment companies, which contributed to its growth in user numbers. [image: Alipay]

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