Ant Group-owned Chinese fintech Alipay has announced an expansion to the e-wallet services it provides by adding seven new ones bringing the total number to 10.
As part of the ‘Alipay+-in-China’ program, users of mPay, Hipay, Changi Pay, OCBC, Naver Pay, Toss Pay and TrueMoney will all be able to make digital payments via Alipay on their phone across numerous Chinese merchants.
AlipayHK Touch ’n Go e-wallet and Kakao Pay piloted the program in late 2022, reaching a population of over 175 million in Southeast and East Asia.
Douglas Feagin, Senior Vice President of Ant Group and Head of Alipay+ Cross-Border Mobile Payment Services, said: “Expanding partners and merchant network, and enhancing digital operational capabilities of SMEs are key to Alipay+’s future strategy.
“A growing variety of mobile payment providers are joining this ecosystem of cross- border digital commerce, from mobile wallets, to banking apps, independent merchant apps and super-apps.
“We will invest faster and deeper in payment and digital marketing technologies to help our partners and merchants achieve robust, omni-channel growth.”
Users of the newly integrated e-wallets can use their own payment app where Alipay works, for an “enjoyable secure, smooth and cashless payment”, with transparent exchange rates.
Users can also tap into additional promotional deals via Alipay+ Rewards, a digital cross-border marketing hub integrated into select wallet apps. The wallets’ teams are also providing familiar customer support to their roaming users, backed by Alipay+’s smart payment tech capabilities.
With the ‘A+China program’, Alipay+ also officially announced five new mobile payment partners, including Hipay, Changi Pay, OCBC, Naver Pay and Toss Pay to its global merchant network.
A suite of cross-border mobile payment, marketing and digitalization solutions developed by the International Business Group of Ant Group, Alipay+ enables payment partners to connect global and local merchants to cross-border digital consumers.
“We are deeply grateful for the guidance of the People’s Bank of China, the support of the NetsUnion Clearing Corporation, and the assistance from financial institutions and major international card organisations, for helping bring the world’s mobile wallet users and overseas bank card users to China as the Official Payment Partner of the Asian Games,” said Eric Jing, Chairman and CEO of Ant Group.
“We look forward to building wider and deeper collaboration to fulfil our shared mission to make the world a better place with the power of digital technologies.”
