Sina Technology News October 2 morning news, Alipay announced today that it is working with China UnionPay to promote online and offline multi-scene payment interconnection under the principle of security and order.
According to the statement, Alipay and China UnionPay interconnection have made the following progress:
1, to UnionPay cloud flash pay open online scene, the first batch covers 85% Taobao merchants
In August, Alipay completed the technology development of access to UnionPay's cloud flash payment, and gradually opened up the online payment scene. The first step to open the trading scene is Taobao platform, Taobao 85% of the stores have supported consumers to pay via cloud flash. Users who install the Cloud Flash App can choose "Cloud Flash" directly at the Alipay cash register after submitting their order at Taobao Shopping.
2, Alipay, cloud flash code mutual recognition
Alipay and China UnionPay began to conduct close communication and exploration based on barcode interconnection business in 2020, and gradually promoted it after completing the pilot verification by the end of 2020. At present, in Beijing, Tianjin, Guangzhou, Shenzhen, Chengdu, Chongqing, Xi'an and other cities across the country have achieved collection code scanning mutual recognition, plans to cover all cities in the country in March next year.
Alipay also said that it and UnionPay have jointly promoted the completion of ICBC, CCB, Bank of China, Bank of China, China Merchants Bank, CITIC and other 23 banks and institutions to open cooperation, to support the cloud flash payment app and banks, institutions App scanning Alipay collection code payment function.