21 October 2017
Register now

KFC taps Alipay for Chinese mobile payments

01 July 2015  |  5460 views  |  0 Chinese Flag

KFC has become the latest major retailer to strike a deal with Alipay, enabling customers in China to pay for their fried chicken with their mobile phones.

Under the deal, around 5000 KFC outlets in 900 cities across China will let people pay by scanning barcodes on their handsets.

The agreement follows similar tie-ups with Wal-Mart and Carrefour as Alibaba-unit Alipay steps up its involvement in the burgeoning online-to-offline market.

Alipay Wallet has around 190 million active users and settled $788 billion in transactions last year.
KeywordsEFTPOS

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Alibaba affiliate launches online bank

Alibaba affiliate launches online bank

26 June 2015  |  18908 views  |  0 comments | 17 tweets | 10 linkedin
Alibaba's MyBank eschews US tech exports in favour of inhouse cloud

Alibaba's MyBank eschews US tech exports in favour of inhouse cloud

12 June 2015  |  6200 views  |  1 comments | 11 tweets | 9 linkedin
Wal-Mart partners Alipay for mobile payments in China

Wal-Mart partners Alipay for mobile payments in China

14 May 2015  |  5999 views  |  0 comments | 8 tweets | 6 linkedin
Alibaba accelerates drive into financial services

Alibaba accelerates drive into financial services

09 April 2015  |  7091 views  |  0 comments | 18 tweets | 15 linkedin
Alibaba unveils 'smile-to-pay' tech

Alibaba unveils 'smile-to-pay' tech

16 March 2015  |  17571 views  |  4 comments | 26 tweets | 23 linkedin
Watch out banks, Alibaba is after your business

Watch out banks, Alibaba is after your business

16 October 2014  |  14205 views  |  0 comments | 32 tweets | 21 linkedin
Alibaba strengthens Alipay ties ahead of IPO

Alibaba strengthens Alipay ties ahead of IPO

13 August 2014  |  5658 views  |  0 comments | 5 tweets | 1 linkedin

Related blogs

Create a blog about this story (membership required)
visit www.atos.netvisit www.vasco.comvisit www.niceactimize.com

Top topics

Most viewed Most shared
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
9314 views comments | 22 tweets | 26 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8782 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7903 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
7421 views comments | 10 tweets | 22 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
7060 views comments | 14 tweets | 27 linkedin

Featured job

circa £250K total package
London

Find your next job