Alipay's 600 million active users in China will soon be able to use its payments services to make purchases from merchants affiliated with Mexico's Openpay after the two companies formed a partnership. The tie-up is in response to growing demand in China for Mexican products. Openpay has a network of more than 17,500 points of sale across the Latin American country, offering real-time payments via its Paynet system, which enable online cash payments. Mexican imports to China increased by 28% April 2017, according to the Inter-American Development Bank.
Alipay's 600 million active users in China will soon be able to use its payments services to make purchases from merchants affiliated with Mexico's Openpay after the two companies formed a partnership. The tie-up is in response to growing demand in China for Mexican products. Openpay has a network of more than 17,500 points of sale across the Latin American country, offering real-time payments via its Paynet system, which enable online cash payments. Mexican imports to China increased by 28% last year, according to the Inter-American Development Bank.