Alipay featured image
Banking & Finance News Stories Technology

7,000 Walgreens stores welcomes China’s Digital Wallet Alipay

Walgreens, one of the largest drugstore chains, welcomes the mobile payment platform Alipay to its 7,000 stores.

Chinese consumers in the U.S. can now buy at Walgreens store using Alipay to pay their purchases. The alliance will let Chinese consumers pick up vitamin supplements and cosmetics easier.

China’s digital wallet Alipay is a third-party mobile payment platform that provides payment services for Taobao and Alibaba’s Tmall as well as more than 460,000 online and local Chinese businesses. It is the world’s largest mobile payment platform in 2013, overtaking PayPal.It is also the world’s number one mobile payment service organization and the second largest mobile payment service organization in the world.

Walgreens President of Operations, Richard Ashworth said that Walgreens is focused on making shopping more convenient for their customers. Not only can they buy their products via Alibaba’s Tmall Global marketplace, but they will also be able to shop in the U.S., using Alipay as they would in China.

Over 7,000 Walgreens stores are expected to install Alipay as a payment method by April. Yulei Wang, general manager of Alipay North America said in a statement that they are excited to partner with a company that has been trusted across America since 1901, and is constantly evolving to provide more Chinese consumers with a seamless and familiar way to pay.