
KFC China has teamed up with Alibaba’s payments division Alipay to allow Chinese customers to pay for the fast-food with their mobile phones.
As part of the deal an estimated 5000 KFC outlets across 900 cities in the country will now accept mobile payments for their in-store purchases.
Paying for the orders will involve scanning at the cash register the Alipay QR or barcode on the customer’s smartphone. The transaction is timed at taking two seconds or less. The customers will also be able to benefit from special deals and promotions via the KFC China smartphone app.
This partnership is part of Alibaba’s big push to provide online-to-offline (O2O) services – whereby customers use their smartphones to pay for everything from travel to food.
KFC becomes the third major retailer to work with Alipay after Walmart and French supermarket chain Carrefour. Walmart started working with Alibaba’s payments service in May when it began offering the Alipay option to its 25 stores in Shenzhen.
“The cooperation with KFC China signifies the milestone on how Alipay will revamp offline payments across the country, and we are working closely with KFC China to provide better deals and services for customers,” said Fan Zhiming, president of Alibaba’s Ant Financial payment business unit
Related reading
Artificial intelligence enables instant payments to suppliers
PaymentEye spoke to Paul Christensen, CEO, Previse, on how AI is bringing supply chain payment solutions into the future.
New Technology is Reshaping How Identities are Verified Online
While businesses endeavor to safeguard against fraud and other nefarious activities, one of their most important business tools is there to help in the fight: data. By Zac Cohen, General Manager, Trulioo.
TALKINGTECH and SCORE talk collaboration and payment innovation
Collaboration is at the heart of innovation in payments. PaymentEye caught up with TALKINGTECH and SCORE to discuss their recent collaboration, and how they're uniting to bring payments out of the age of 'Digital Darwinism'.
How blockchain is changing the business of doing eCommerce
If online businesses are able to adopt blockchain swiftly, and partake in an ecosystem where those they can share, create and collaborate to build solutions that fit unique needs, they will be able to safeguard profitability, and, ultimately, trust in their brand. By Chris Painter, Founder and CEO, Omnitude.