Off the wire
• Yunnan park rangers struggling to control elephant's highway rampages  • U.S. stocks open higher after Presidents' Day  • Luis Enrique goes back to his roots as Barca prepare to face Sporting  • UN envoy arrives in Gaza to check construction plan  • Asia-Pacific needs 12,810 new aircraft in next 20 years: Airbus  • East coastal city benefits from China-ROK FTA  • Urgent: Former UN chief Boutros Boutros-Ghali dies at 93  • Urgent: Ukrainian President Petro Poroshenko demands PM Arseniy Yatsenyuk quit  • Roundup: Finnish gov't calls for austerity while stock owners revel in near-record earnings  • China Exclusive: S. China trade hub steps up inbound Zika checks  
You are here: 　 Home

Alipay not to charge over cash-drawing amid peers pressure

Xinhua, February 17, 2016 Adjust font size:

Alipay, a leading mobile payment system in China, said on Tuesday in a social media post it will not charge its users for withdrawing cash, dispelling rumors.

"Since quite a few users asked about the issue, here is my reply for all: Alipay will not charge for withdrawing cash," the message said.

Alipay is run by Ant Financial Services Group, an Internet finance affiliate of Alibaba. Alipay and Tencent's WeChat Payment dominate mobile payments.

Media reported on Monday that WeChat Payment will charge customers from March 1, arousing concern that Alipay would follow suit.

Alipay's clarification came two days ahead of the reported launch of Apple Pay mobile payment system in China.

China is the world's biggest smartphone market. Almost 360 million people, more than the population of the United States, have already taken to paying by mobile phone, according to the China Internet Network Information Center.

China has 413 million online shoppers. Last year, more than 50 million people tried online shopping for the first time. Endi