Conference Call REPLAY | The Alipay Threat – Takeaways from a 3-day immersion with Ant Financial in Hangzhou, China
MoffettNathanson partner and senior Payments analyst Lisa Ellis was invited as the sole sell-side research analyst to participate in an 8-person, 3-day Alipay and Ant Financial immersion in Hangzhou, China on August 24-27, 2018.
Her trip included a 2-day Amazing Race-style Alipay experience, as well as meetings with Ant Financial’s CFO and IR team.
Lisa views Chinese digital payments giant Alipay as the most significant competitive threat to Visa, Mastercard, PayPal, and the entire Western open-loop payments ecosystem over the next 3-5 years. Alipay is actively expanding outside of China, including significant investments in leading India-based digital payments wallet Paytm, Southeast Asian digital payments wallet HelloPay, and a failed bid to acquire U.S. money transfer agent Moneygram.
On this clients-only conference call, Lisa discussed her takeaways from her trip to Hangzhou, her view on the AliPay risk, and the implications for Visa, Mastercard, PayPal, and her other covered payments companies.
Date: Thursday, September 13, 2018
Time: 10:00 am ET
Conference Call Replay: Click here