Ant Financial Services Group, which operates one of China’s two dominant e-payment platforms, will give foreign visitors to the mainland access to its service known as Alipay, removing one of the biggest hurdles that have prevented outsiders from taking part in China’s growing cashless economy.
Ant Financial, an associate of Alibaba Group Holding, will allow visitors up to 90 days’ usage of its Alipay smartphone application without requiring it to be tied to a Chinese bank account, according to a statement released on Tuesday. Alibaba owns The South China Morning Post.