Barriers between third-party mobile payment tools are being gradually released.
October 2, Alipay announced today that it is cooperating with China UnionPay to promote online and offline multi-scene payment connectivity under the principle of security and orderliness.
The statement said alipay and UnionPay have made the following progress in connectivity: 1. 85% of Taobao merchants are covered by UnionPay's flash payment service; 2, Alipay, cloud flash scan code mutual recognition. Alipay also said that it and UnionPay have jointly promoted the completion of open cooperation with 23 banks and institutions, including ICBC, CCB, BANK of China, Bank of Communications, China Merchants Bank and Citic, to support the cloud flash payment App and the payment function of banks and institutions App scanning Alipay payment code.
Photo/Alipay official account
Alipay said it will focus on users' needs, further optimize user experience, accelerate opening-up, explore more payment cooperation scenarios, and help build an open and shared digital ecosystem.
It is understood that the cloud flash payment App already supports payment by scanning the "personal payment code" of wechat and Alipay. Some bank apps, such as ICBC and CCB, can also scan the payment code of wechat and Alipay for payment. However, the payment code of cloud flash payment App does not support the scanning code of wechat and Alipay.
On the evening of September 17, Tencent group issued a statement on the adjustment of wechat external link content Management Standards, announcing that wechat will implement "security as the bottom line" of connectivity. On September 30, Tencent announced that wechat Pay and UnionPay's flash payment App have officially realized mutual recognition and scanning of offline bar codes. Users can scan wechat payment codes in provincial capitals across the country through the flash payment App. Meanwhile, wechat mini program also gradually supports unionPay cloud flash payment.