Stripe launches in Hong Kong, with Alipay and WeChat partnerships
- Tuesday, July 11th, 2017
- Share this article:
US mobile payments firm Stripe has launched in Hong Kong, accompanied by two major partnerships with Chinese companies – WeChat and Alipay.
Stripes offering now supports both Alipay and WeChat Pay, which between them accounted for 92 per cent of the Chinese mobile wallet market in 2016.
According to Stripes head of southeast Asia, Piruze Sabuncu, this move is “connecting Stripe businesses in 25+ countries to the hundreds of millions of Chinese consumers that actively use these payment methods.” 
As part of the launch, Stripe is also introducing support for Hong Kong users to get paid out in US dollars, without currency conversion, to local bank accounts which use dollars as their primary currency.
Don’t forget to enter the Effective Mobile Marketing Awards. The Early Bird deadline for submissions is 22 July. More details here.
