On the morning of Singles’ Day, Alipay has already reported a peak of 85,900 transactions per second, double last year’s peak of 38,500 transactions per second. Singles’ Day, or 11/11, is China’s biggest day online shopping event of the year.
These numbers have helped Alipay surpass Visa as the world’s strongest payment processing platform. Lab tests have shown that Visa can process 56,000 transactions per second and MasterCard can process 40,000 transactions per second. In real life, Visa’s current record is 14,000 transactions per second.
A spokesperson from Ant Financial, which owns Alipay, said that the annual Singles’ Day sale is always a test of Alipay’s technical abilities. Ant Financial said that Alipay was able to handle the large flow because of the strength of OceanBase, its database management system, and Ant Financial’s cloud services.
Alibaba CEO Daniel Zhang said that half an hour after the start of Singles’ Day, the payment platform was already handling 30,000 transactions per second. In just 31 minutes, Alipay processed payments worth a total of 19.1 billion Yuan.
Source: inews.qq.com
Warning：The use of any news and articles published on eChinacities.com without written permission from eChinacities.com constitutes copyright infringement, and legal action can be taken.
Keywords: Ant Financial Singles’ Day Alipay
All comments are subject to moderation by eChinacities.com staff. Because we wish to encourage healthy and productive dialogue we ask that all comments remain polite, free of profanity or name calling, and relevant to the original post and subsequent discussion. Comments will not be deleted because of the viewpoints they express, only if the mode of expression itself is inappropriate.
Please login to add a comment. Click here to login immediately.
Sign up with
Google
(
(