Alipay said Tuesday it has partnered with four more financial services providers in Europe, as it looks to tap into Chinese consumers traveling abroad, in a move that could help China’s top online payments platform expand its global footprint nearly tenfold. According to Reuters, the company has formed partnerships with Barclays, BNP Paribas, UniCredit and SIX Payment Services, giving them access to a network of 930,000 new stores across Europe. Alipay, which has over 450 million active users in China, has sealed a number of successive foreign partnerships in the past two months, hoping to capture the growing market of Chinese consumers traveling abroad. “Our users’ lifestyles are increasingly global,” said Douglas Feagin, the President of Alipay International and Senior Vice President of Alipay’s parent company Ant Financial Services Group, in a statement.
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