Alipay is the most widely used third-party online payment service provider in China and is only available for businesses outside China, like in Lithuania. Shoppers can use Alipay to pay through website, mobile app, or in store on point of sale. Once a transaction is initiated through Alipay, the offer stays open for 12 hours. This means shoppers can complete their payment up to 12 hours after it was initiated.
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You Won’t Learn This in Business School – Real Industry Insight
The financial world moves fast. Payments power the global economy, but few truly understand how it all works. That’s where we come in. At Processing News, we don’t just report on the payments industry — we’ve built it, run it, and innovated within it.
Our contributors are former fintech executives, payment system architects, compliance officers, and tech insiders with firsthand experience.
We launched Processing News to be the Wikipedia of Payments — accessible, in-depth, and above all, accurate. In an era of clickbait headlines and recycled press releases, we deliver reporting grounded in real-world knowledge.
Whether it’s new regulations, card network changes, emerging fintech, or fraud detection trends — we break it down with clarity, context, and credibility.Welcome to Processing News.Real people. Real experience. Real payments journalism.
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