Alibaba’s fintech arm Alipay has joined forces with six European mobile payment specialists to offer unified QR code payments to 5 million eWallet users and nearly 200,000 traders across the continent. Bluecode, ePassi, momo pocket, Pagaqui, Pivo and Vipps have all signed up to the scheme, which will be reciprocal, meaning Chinese tourists in Europe will be able to use a standardised payment system in any country where the relevant providers are present.

Source: Shine.cn