In 2012, 10% of the total transactions through Alipay were from mobile end and a doubling were expected in this year, according to the company.

Alipay revamped its mobile app and relaunched it as Alipay Wallet at the end of 2012. Now consumers can not only make payments through the app but also manage e-coupons, itineraries, movie tickers and other e-tickets, or split bills or buy anything from a vending machine with its acoustic payment capability. Alipay also want, for merchants, to help complete more transactions that otherwise cannot be easily conducted with mobile devices. He Yizhi, general manager of Alipay’s B2C division, shared at ChinaBang 2013 about what they were working on there.

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Tracey Xiang

Tracey Xiang is Beijing, China-based tech writer. Reach her at traceyxiang@gmail.com