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Research on Mobile Payment Technology Development of Alipay

Author(s)

Yugui Zeng1, Guangzheng Zeng2

Affiliation(s)

1Guangzhou College of Commerce, Guangzhou, Guangdong, China 2Central South University of Forestry and Technology, Changsha, Hunan, China

Abstract

With the rapid advancement of information technology, China’s mobile payment industry has experienced exponential growth. As a leading player, Alipay has built a comprehensive payment ecosystem through continuous technological innovation and market expansion. This paper analyzes the technical architecture of mobile payments, focusing on Alipay’s diversification of technologies, innovation capabilities, and integration efficiency. It further reviews the development process and market characteristics of mobile payments in China, including expanding user base, the trend of frequent small-value transactions, and substitution of traditional payment methods. The study also examines Alipay’s internationalization strategy and cross-border payment technologies, highlighting its achievements in optimizing payment processes and enhancing user experience, alongside the challenges it faces. Finally, the paper explores future trends driven by emerging technologies and evolving market demands. This systematic analysis aims to provide theoretical support and practical insights for the sustainable optimization and global competitiveness of China’s mobile payment industry.

Keywords

Mobile Payment; Alipay; Fintech; Cross-Border Payment; Technology Development

References

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