Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizens for the clue delivery of my Wang Wang and Bai Zhantang! CTOnews.com Sept. 28, according to some netizens' feedback, Alibaba Taobao shopping App and Tmall stores are currently partially testing China Telecom wing payment, merchant information is interconnected order merchants.

CTOnews.com learned that Wing pay, a third-party service platform of China Telecom Tianyi E-commerce Co., Ltd., was granted a third-party payment license by the central bank in 2011, carried out cooperation and exploration with China UnionPay on the basis of interconnection, and realized collection code scan mutual recognition with Cloud Flash, Alipay and WeChat Pay.

In August 2021, Alipay completed the research and development of flash payment technology connected to UnionPay, and gradually opened up the online payment scene. The first open transaction scenario is the Taobao platform, where 85% of the stores support consumers to pay through cloud flash payment. Users who install Cloud Flash App can choose "Cloud Flash" payment directly at the Alipay cashier after submitting an order on Taobao shopping.

Alipay has also carried out more cooperation with UnionPay, including promoting the completion of the open cooperation of 23 banks and institutions, including ICBC, CCB, Bank of China, Bank of Communications, China Merchants Bank, CITIC, etc., and supporting the payment function of Cloud Flash App and various banks and institutions App scanning Alipay payment codes.

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