UniCredit Hungary signs deal with Alipay

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UniCredit Bank Hungary and Alipay have signed an agreement, the first in the country, making China’s most widespread mobile payment method available to Chinese visitors coming to Hungary from 2019

The agreement signed by UniCredit Bank Hungary and Alipay Europe makes the start of a partnership that will allow the increasing number of Chinese visitors abroad to purchase goods and services in Hungary simply using the app they are accustomed to in their homeland.

Thanks to this agreement, UniCredit’s merchant clients will have the possibility to provide Alipay payment service to their Chinese customers.

The introduction of Alipay services in Hungary represents an opportunity to capitalise on the rapidly growing number of Chinese tourists in the country. According to the Hungarian Tourism Agency,

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