Alipay announced its progress in interconnection with UnionPay: it has been opened by Xiang Yun flash payment, covering 85% Taobao businesses.


Tencent technology news October 2nd, Alipay announced today and China UnionPay to promote the progress of interoperability: has been paid to the UnionPay cloud flash open online scene, the first batch of 85% Taobao business coverage; Offline, it will realize code scanning and mutual recognition with UnionPay cloud flash payment in multiple cities. It is planned to cover all cities in China in March next year.
Alipay official WeChat revealed that in August of this year, Alipay had completed the technology research and development of access to cloud payment by UnionPay, and gradually opened online payment scenarios. The first step to open the transaction scenario is the Taobao platform. At present, 85% of Taobao stores have supported consumers to pay through cloud flash payment. Users who install cloud flash to pay APP can directly choose “cloud flash payment” at Alipay cashier when they submit orders at Taobao shopping.
On the lower side of the line, Alipay and China UnionPay began to conduct close communication and exploration based on bar code interconnection and interoperability in 2020 and gradually promoted the pilot verification after the end of 2020. At present, mutual recognition of collection code scanning has been realized in many cities across the country, including Beijing, Tianjin, Guangzhou, Shenzhen, Chengdu, Chongqing and Xi’an. It is planned to cover all cities in the country in March next year.
In addition, Alipay joined hands with the UnionPay to jointly promote the opening cooperation between ICBC, China Construction Bank, Bank of China, Bank of communications, China Merchants Bank, CITIC and other 23 banks and institutions. It supports cloud flash payment APP and the payment function of APP and Alipay’s payment code by banks and institutions.