Alibaba’s Alipay App Has A Major Update Again, Wants More Control over Your Mobile Life

June 14, 2013 Leave a comment

Alipay App Has A Major Update Again, Wants More Control over Your Mobile Life

By Tracey Xiang on June 8, 2013

AlipayWallet2

Alipay, the payments company under Alibaba Group, just released a major update of its mobile app, Alipay Wallet  – now only Android versionis available. This version touches more aspects of your mobile life. Here are some of the new features,

Managing your travel itineraries. Now you can add and manage airtickets, hotels and other travel related tickets within the app, and receive notifications of flights and other alerts. Alipay now partners with four Airlines including AirChina, airticket search service Kuxun and hotel service Buding.Checking pre-paid balance of your mobile phones and get notifications of alerts. What needs a user to do is just save a phone number there. It now partners with China Telecom, one of the three telecom operators. It’s unknown whether or when the other two telcos would join in it.

Managing your to-do list. The feature would notify you when you need to make a payment or top up some cards or accounts, or when coupons are due.

Managing credit card accounts, consolidating credit card bills, notifying you when payments are due, etc.

It’s not long after Alipay released its previous major update and renamed it Alipay Wallet at the end of 2012. Even the interfaces (see below) of this version is far different from the last one.

Alipay has come up with a plenty of innovations in terms of online financial offering and mobile-centered feature. Now consumers can not only make payments through the app but also manage e-coupons, itineraries and e-tickets, split bills or buy anything from a vending machine with its acoustic payment capability, etc..

Filed under TMT Trends

Unknown's avatarAbout bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

Leave a comment