Dialog Axiata PLC, Sri Lanka’s premier telecommunications service provider, partnered China’s leading third-party online payment solution, Alipay, to extend the eZ Cash platform to Chinese tourists in Sri Lanka. Through its first partnership in Sri Lanka, Alipay intends to expand reach by leveraging Dialog’s multiple merchants and touchpoints, extending payment services to Chinese visitors in Sri Lanka.
With over 700 million active registered users in mainland China, Alipay is an alternative cashless payment system predominantly used by Chinese public and offers the convenience of payment services without the need for large amounts of cash. Alipay, the Alibaba affiliated mobile payments arm of China’s Ant Financial Services Group, is the highest valued Fintech company in the world and continues to follow Chinese tourists, with its most recent expansion to enter Sri Lanka through a strategic partnership with Dialog.
Alipay will leverage Dialog’s 20,000 strong eZ Cash retail partner network across Sri Lanka. The Alipay mobile wallet service will now be available at merchants to cater to the needs of Alipay users from China, who frequently travel and shop in Sri Lanka.