0
Wireless

BBVA's Openpay brings China's Alipay to Mexico

Monday 26 March 2018 | 11:16 CET | News
Spanish bank BBVA has announced that its Openpay unit has signed a new agreement to allow users of Chinese mobile payment platform Alipay to purchase goods and services all over Mexico. Openpay is a payment service provider (PSP) that facilitates e-commerce, including on mobile devices, for Mexican large businesses and SMEs. The tie-up between Openpay and Alipay will enable Mexican businesses to tap into the growing Chinese demand for Mexican products, said BBVA.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Alipay / Paynet
Countries: Mexico
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Mexico to launch central bank-run mobile payment platform next month

Published 19 Feb 2019 10:40 CET | Mexico
The new Mexican administration of president Andres Manuel Lopez Obrador has announced measures designed to help make financial ...

MercadoLibre sees 44% growth in Q2 net revenues to USD 335.4 million

Published 10 Aug 2018 13:51 CET | Latin America
Latin American e-commerce company MercadoLibre reported net revenues of USD 335.5 million in the second quarter of 2018, up 43.7 ...

Spain's BBVA sets up Next Technologies unit

Published 25 Jun 2018 10:58 CET | Mexico
Spanish bank BBVA has announced that it's merging two existing units – cloud and big data provider Beeva and cybersecurity ...

Spain's BBVA invests USD 50 mln in Al investment fund Sinovation

Published 17 Apr 2018 14:57 CET | China
Spanish bank BBVA has announced a USD 50 million investment in Sinovation Fund IV, a Chinese venture capital fund set up by ...

El Corte Ingles adds Alipay mobile payments to all stores

Published 02 Mar 2018 08:56 CET | Spain
Spanish retailer El Corte Ingles, Europe's largest department store chain, has reached a deal with Chinese e-commerce giant ...

BBVA signs deal to bring Alipay mobile payments to Spain

Published 28 Jun 2017 14:40 CET | Spain
Spanish bank BBVA has announced an agreement with Alibaba unit Ant Financial Services to allow users of the Alipay mobile payment ...