⚡️Customers of digital bank Revolut🇱🇹 will be able to send money to China🇨🇳 via Alipay

⚡️Customers of digital bank Revolut🇱🇹 will be able to send money to China🇨🇳 via Alipay

Thanks to a strategic partnership with the holding Ant International, Storonsky and Yatsenko are expanding their platform into the Chinese remittance market, currently valued at 48 billion USD.

▶️Users can access this feature by selecting the “Send abroad” option in the Revolut app and choosing mainland China as the destination. Transfers are made in yuan, using the Alipay ID, and are processed instantly.

▶️Fees vary by account type: 0.15% for standard users, 0.12% for premium users, and 0% for Metal plan clients.

▶️Did you know? Launched in 2004, Alipay is the most used payment app in China and is part of the 36 digital wallets integrated into the Alipay+ digital payments and marketing platform.

#news #Europe #p2p #China

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