Chinese payment service Alipay will enter the European market in the year

BEIJING Alipay, a large payment in China will enter the European market in the summer of this year, according to the News which was released in the event Money 20, 20 in Copenhagen, Denmark last week.

Having started in the summer of this year, Chinese tourists will be able to enjoy the use of Alipay in Britain, Germany, France and Italy.

In addition to assistance in payment company Alipay will also provide services to Chinese tourists who visit abroad with various services related to daily life in portable electronics as well.

Technology through its mobile service Alipay has the ability to collect location data of its users and provide information such as restaurants, shops cargo and tourist sites nearby.

Users can also comment on the company or tourist areas made by other users. When they have to pay vendors can scan the code on the user's phone. These services will help to improve the travel experience for Chinese tourists and bring more business to the European Tour.

In recent years, science and technology giants such as Google, Apple and Facebook have created the electronic payment service portable.

However, the company Alipay walked one step ahead by using services related to daily life in general portable electronics.

When his speech at the Money 2020, Mr. Peng Yijie, head of the company's business Ant Financial, which is the parent company of Alipay confirmed the company Alipay will continue to increase assistance services related to their daily lives.

Companies Ant Financial is actively negotiating with potential partners such as financial institutions, restaurants, cinemas and so on. After entering the network's work Alipay traders can have access to data about their consumer habits.