"Alipay with its all supplementary products will be a very good part of that (Stockmann's service), from today actually," said Veijalainen, referring to the installation of Alipay system in the Stockmann flagship in central Helsinki starting on Monday.
Rita Liu, Alipay's chief in Europe, said the cooperation with Finnish authorities would further explore the scenarios that have access to Alipay and thus better serve Chinese tourists.
"Chinese not only can buy things abroad with Alipay, they can also have fun at more recreational facilities with more information at hand and easier payment methods," she told Xinhua after the MOU was signed.
Apart from tourism, the utilization of Alipay will also enable faster growth of business exchange between China and Finland, said Antti Aumo, Vice President of FiNPRo.
"Whether it is export of goods from China to Finland, from Finland to China or investments from China to Finland, all those will result in the increase in business travel," he said.
"Alipay is a significant payment platform in China. It makes it easier in increasing the business travelers to be able to pay with the financial instrument that you are familiar with in your home market," added Aumo.
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