Yes, in fact, this is not an acquisition of shares, but our country has specially established a network connection in order to better develop the domestic third payment platform, which is an extension of UnionPay, which took a fancy to the cashless payment market at that time and developed it.

The development history of Alipay

1.2065438+In September, 2006, it was announced that starting from 2016/kloc-0+02, Alipay would charge 0. 1% service fee for individual users who exceeded the free cash withdrawal limit, and individual users would enjoy a basic free cash withdrawal limit of 20,000 yuan. 20 1165438+1October1,Alipay moved into Apple App Store. Users in Chinese mainland can already see the payment method and recharge of Alipay participating in the App Store, which can be used to purchase applications, recharge accounts, or pay for subscription services such as Apple Music.

2.2016165438+1On the afternoon of October 27th, following the "high-end single dating circle", Alipay launched "white-collar diary" and "campus diary" on a small scale. This function is still in the gray scale test stage. 2016165438+129 October, Peng Lei, Chairman of Ant Financial, Alipay's parent company, issued an internal letter apologizing and posted it on the intranet: Never blame others for what you did wrong!

3.65438+On February 6th, Alipay announced that it had signed cooperation agreements with four European financial service institutions to provide services to China consumers who travel overseas. This move is expected to expand the number of cooperative retail stores of Alipay abroad by nearly nine times. 20 16 16 On February 23rd, Alipay launched the Alipay 10.0 version, which brought the gameplay of Alipay AR real-life Alipay red envelopes. On 20 17 1.3, AliPay launched a public welfare account, so that every ordinary user's public welfare footprint and love "assets" can be recorded and inquired. 20 17 1.5, AliPay launched 20 16 personal annual bill. 20 17 On May 24th, Alipay announced the launch of the Hong Kong version of its e-wallet, Alipay HK, which officially provided cashless services for Hong Kong residents. After the launch of the Hong Kong version of Alipay, all Hong Kong residents can use Alipay by binding the credit cards of local banks in Hong Kong or recharging the balance, and pay directly in Hong Kong dollars.