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Tag Archives: alipay

China’s Payment Giant Alipay Launches Digital Yuan Applet

May 5, 2022

Alipay, a renowned payment platform in China has extended the propagation of the digital yuan through its latest implementation. It has created a “digital RMB” search function that would simplify the process of opening a digital RMB wallet for new users. This new creation also supports o...

2022 Asian Games Boost NFT in China With Torch Collection Sale

Sep 17, 2021

Olusegun Ogundeji

The non-fungible token (NFT) space in China got a boost on Thursday Sep 16 with the issuance and sale of the torch NFT by the 2022 Asian Games organizers, Global Times has reported.  The report says the sporting event's 3D digital torch marks the first NFT collection to be iss...

Alipay Releases Limited Edition NFTs Issued on AntChain

Jun 23, 2021

One of China’s largest digital payment service providers has entered the NFT game. According to local reports, Alipay, a major payment service provider operated by the Alibaba Group in China, has launched a proprietary NFT sales platform, offering its hundreds of millions of users the ...

AliPay Launches Digital Yuan Model For Select Users

May 12, 2021

According to the latest report from Caixin, there has been a slew of new developments regarding China’s upcoming digital yuan. At the core of these new developments is AliPay, the payments arm of China’s commerce giant Alibaba. Namely, sources within China have found that AliPay has la...

Payment Giant Alipay Undertakes Crucial Work for China’s CBDC

Mar 24, 2020

Vincent He

Chinese payment giant Alipay has published 5 patents related to CBDC (central bank digital currency) from February 21 to March 17. Alipay, a third-party payment company, will undertake four crucial functions of China’s CBDC. Assuming the function of delivery and transaction bookke...