With payment applications, you can pay wherever you can spend with a card. Payment is simply by attaching the phone to the terminal.
“Alipay has more than a hundred merchants in the Czech Republic. The largest customer is Lagardere Travel Retail at Prague Airport, “ said Simona Svobodová, director of Sims Management, which Alipay represents in the Czech Republic.
185,000 Chinese tourists in Czech Republic in Q2
For payment applications, it is crucial that the client’s bank cooperates with the operator. Without this, Alipay’s entry into the Czech Republic will only be important for Chinese tourists. Those in the Czech Republic, according to the Czech Statistical Office, are increasing significantly. In the second quarter, there were 185,000. Year-on-year it was a jump of more than a quarter.
“We are talking about extending the Alipay payment solution to the terminals of one of the largest banks on the Czech market for more than ten thousand traders,” said Svobodová of Sims Management. The game of cooperation with the Chinese payment platform is Moneta Money Bank. “We are cooperating with Alipay,” Jakub Švestka, a spokeswoman for the financial institution , said.