In the rapidly evolving world of mobile payments, two giants stand out in China: Alipay and WeChat Pay.

Tmall Global, launched by Alibaba Group in 2014, is an extension of its already successful Tmall platform but with a distinctive focus on international brands and retailers. It stands as a premier cross-border e-commerce platform, allowing non-Chinese merchants to sell directly to consumers in China without the need for a physical presence in the country.