👩🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.
🧔♂️ A friendly human may check it before it goes live. More news here
🧔♂️ A friendly human may check it before it goes live. More news here
Alipay transactions surge during Chinese New Year holiday
Alipay reported a rise in transaction volume during the 2025 Chinese New Year holiday, seeing significant increases both domestically and internationally.
Outbound spending using Alipay increased by 30% year-on-year, while inbound spending by international travelers in China rose by 150% compared to the previous year.
Factors such as visa-free policies and eased travel restrictions contributed to the surge in transactions.
Through Alipay+, a cross-border mobile payment service, transactions by foreign e-wallet users in China rose by 94% during the holiday.
Recent Alipay developments
| Timeline |
|---|
01-Jan-2025 📸 Alipay introduces AI tool for analyzing images in app
|
20-Dec-2024 🌍 Alipay+ expands global travel payments to 66 markets
|
15-Oct-2024 💳 Alipay+ partners with Cambodia’s central bank for QR payment
|
24-Jan-2024 💳 Alipay+ extends Asia reach with Pakistan partnership
|
27-Sep-2023 🇨🇳 Alipay+ kicks off major expansion around Asian Games, betting on inbound tourists
|
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.