• Home
• Channel: Shopping
• China’s AliPay Starts In Hungary In May

China’s AliPay Starts In Hungary In May

• 17 Apr 2019 4:36 AM
• Hungary Around the Clock

The first AliPay-compatible terminals will begin operating in Hungarian shops for use by Chinese tourists in May, supplier the Ingenico Group announced on Tuesday.

AliPay is the leading QR code-based payment solution in China.

The introduction of the terminals is aimed at Chinese tourists, as they are not accessible by domestic users.

Purchasers read the QR code from the terminal from their mobiles to complete transactions.

The terminals in Hungary will be connected to UniCredit Bank.

Photo: UniCredit Bank on Twitter

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• Chinese AliPay Shopping

XpatLoop Media Partner

Hungary Around the Clock

Since 1995 Hungary Around the Clock has proven to be one of the most comprehensive sources of daily English-language news about Hungary. It covers ongoing domestic politics and foreign relations, as well as business and economic matters. For a free trial of HATC visit www.hatc.hu and click on 'Free Trial Subscription’.

Explore More Reports

Latest Retail Sales Figures Up in Hungary

• 7 Apr 2024 6:06 AM

Retail sales in Hungary grew by an annual 4.6% in February, 1.1% when adjusted for calendar year effects, the Central Statistical Office (KSH) said.



Online Marketplace Temu Under Investigation by Hungarian Competition Office

• 15 Mar 2024 8:21 AM

The Competition Office (GVH) announced on Wednesday that it has launched an investigation into the Ireland-registered Whaleco Technology, operator of the Chinese online marketplace Temu in Hungary, suspecting unfair retail practices.



Boss of Spar Hungary Complains About Her Customers Shopping Abroad

• 21 Feb 2024 6:42 AM

Hungary’s 27% VAT rate is undermining the competitiveness of Spar, in part by encouraging cross-border shopping, president Gabriella Heiszler of the subsidiary of the Dutch retail chain told Pénzcentrum in an interview.



Chinese E-Commerce Giant Disrupts Online Market in Hungary

• 13 Feb 2024 6:51 AM

E-commerce association ECH is set to file a complaint with competition watchdog the GVH about various practices of Chinese e-commerce giant Temu, Forbes writes.