The number of merchants supporting Alipay in Japan has surged to more than 300,000 from about 50,000 in early 2018.
— SCMP
The Hangzhou-based firm will not charge access fees in extending its services to more retailers in Japan, it said in a release. The number of merchants that accept Alipay have surged by about six times from about 50,000 in early 2018. Transaction volume in Japan during May 1-4 ranked the fourth across all markets, according to Alipay, registering an increase of 25% from the same period last year. Airports, department stores, pharmacies and convenience stores were among the places that recorded the highest Alipay expenditure.Alipay is expanding in Japan ahead of the 2020 Olympic Games that Tokyo will host next summer.
More than half of the overseas businesses surveyed saw an increase in both foot traffic in their stores and the size of transactions made by Chinese travellers after they adopted Alipay, a report released jointly by US research firm Nielsen and Alipay said in January.
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