Alipay Expands the Australian Market by Increasing the Number of Tourists to Australia

As increasing more Chinese tourists travel to Australia, the Chinese mobile payment giant, Alipay hopes to expand its business in Australia with this momentum.

Alipay Australia chief executive George Lawson said on the 1st: "In 2016, more than 1 million Chinese tourists came to Australia and spent almost 10 billion Australian dollars. In 2026, more than 3 million Chinese tourists are expected to come to Australia an will spend more than 13 billion. "

He said that, it is soaring to around 6,400 merchants who accept Alipay QR code payment from 1000 earlier this year with the Alipay into the Australian market. Australian businesses have already accepted Alipay payments, including Chemist Warehouse, JR Duty-Free, chain bookstore WH Smith and major airports such as Chinatown, The Rocks and Sydney Fish Market etc where the visitors are crowded. 

In October 2016, Alipay signed a Memorandum of Understanding with the Commonwealth Bank of Australia (CBA), allowing merchants to work with Alipay payment by Albert Electronic transfer POS machine of the Federal Bank. Lawson said that Alipay is negotiating with other Australian banks and financial institutions, merchants and even POS machine manufacturers. Australian businesses can also launch coupons directly to attract Chinese tourists on Alipay. And most of the businesses would like to target Chinese tourists directly in Australia.

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