- The world’s first “Alipay + China” (A+China) program allows 10 leading mobile wallet users in Malaysia, Mongolia, Singapore, South Korea, Thailand, Hong Kong SAR and Macau SAR to use Alipay’s e-wallet coverage at home in mainland China The total population exceeds 175 million. This also represents the expansion of the Alipay + cross-border mobile payment ecosystem to China’s mass merchant network.
- The A+ China program is Ant Group’s initiative to work with e-wallet partners and international card organizations to help introduce international mobile payment services in China ahead of the Hangzhou Asian Games.
- Under the plan, travelers can also choose to bind their international bank cards to the updated Alipay International version to enjoy mobile payment and digital life services within China.
HANGZHOU, China–(BUSINESS WIRE)–Ant Group officially welcomes seven of Asia’s leading e-wallets and payment apps to join the “Alipay+China” program (A+China Program). Users of mPay (Macau SAR, China), Hipay (Mongolia), Changi Pay (Singapore), OCBC (Singapore), Naver Pay (South Korea), Toss Pay (South Korea) and TrueMoney (Thailand) will be able to use their Use your familiar home e-wallet on your phone and enjoy a seamless mobile payment experience through Alipay’s vast merchant network in mainland China.
These additions bring the total number of overseas e-wallets accepted in mainland China to 10. AlipayHK (Hong Kong SAR, China), Touch ‘n Go eWallet (Malaysia) and Kakao Pay (South Korea) are piloting the program in late 2022. Collectively, these payment methods cover more than 175 million people in Southeast and East Asia.
No matter where Alipay is located, users of these e-wallets can use their own payment app and enjoy safe, smooth, cashless payments with transparent and competitive exchange rates. They can also enjoy additional promotional offers through Alipay+Rewards, a digital cross-border marketing hub integrated into select wallet apps. Powered by Alipay+ smart payment technology capabilities, the wallet team also provides familiar customer support to its roaming users.
Through the A+China plan, Alipay+ has also officially welcomed five new mobile payment partners, including Hipay, Changi Pay, OCBC, Naver Pay and Toss Pay, into its global merchant network.
Alipay+ is a set of cross-border mobile payment, marketing and digital solutions developed by Ant Group’s International Business Group to help payment partners connect global and local merchants with cross-border digital consumers.
Outside China, Alipay+ covers 5 million merchants in 56 markets and works with more than 20 mobile payment partners in Asia to jointly serve more than 1.4 billion consumer accounts. The A+ China program has now expanded its Alipay+ service to tap into China’s vast merchant network of tens of millions of points of sale (POS).
The A+China program is realized under the guidance of the People’s Bank of China and with the support of Wanglian Clearing Corporation, e-wallet partners, international card organizations and other Chinese partner financial institutions. Passengers can also choose to bind their international bank cards to the updated international version of Alipay to enjoy mobile payment and digital life services domestically.
Ant Group is launching an extensive merchant education and marketing campaign in mainland China, especially in top tourist cities, to welcome Asian athletes, fans and tourists.
Douglas Feagin, senior vice president of Ant Group and head of Alipay+ cross-border mobile payment services, said that expanding the network of partners and merchants and enhancing the digital operation capabilities of small and medium-sized enterprises are the keys to Alipay+’s future strategy.
“More and more mobile payment providers are joining this cross-border digital commerce ecosystem, from mobile wallets to banking apps, independent merchant apps and super apps. We will invest faster and deeper in payments and digital marketing technology to help our partners and merchants achieve strong omni-channel growth,” said Feagin.
As a chartered clearing agency of the People’s Bank of China, Wanglian Clearing Company provides safe and efficient transaction information exchange and fund clearing services for Ant Group’s cross-border mobile payments and overseas digital wallets. We are committed to providing strong support for important cross-border mobile payment scenarios and activities such as the Hangzhou Asian Games, helping to cultivate an open and inclusive cross-border consumption environment in China, and promoting high-quality dual-circulation economic cycles at home and abroad,” said China Internet Clearing Company.
“We sincerely appreciate the guidance of the People’s Bank of China, the support of Netlink Clearing Company, the assistance of financial institutions and major international card organizations for helping to introduce global mobile wallet users and overseas bank card users to China as the official payment partner of the Asian Games,” Ant Jing Xiandong, chairman and CEO of the group, said. “It’s inspiring to see regional multi-party partnerships like this help travelers enjoy greater choice and convenience, and small businesses thrive in cross-border commerce through unprecedented innovation. We look forward to building broader and deeper collaborations, To fulfill our shared mission to harness the power of digital technology to make the world a better place.”
Between March and August 2023, the total number of payments made in China through A+China pilot wallets (Kakao Pay, Touch ‘n Go eWallet and AlipayHK) increased 47 times in 6 months. Shanghai, Guangzhou and Shenzhen are the most popular cities for travelers from South Korea, Malaysia and Hong Kong SAR. Food and beverage, retail, and transportation are the three most common scenarios for these transactions.
According to PwC1By 2030, the number of cashless transactions will approximately double to triple. While China leads the region in digital wallet usage, the rest of Asia, especially Southeast Asia, has become the fastest-growing mobile payments market in the world.Financial Intelligence Institute Research2 It shows that digital wallets’ share of e-commerce transaction value in the region (excluding China) more than doubled between 2018 and 2023, and their share of point-of-sale payment transactions increased six-fold.
About Ant Group
Ant Group aims to build infrastructure and platforms that support the digital transformation of the service industry. Through continuous innovation, we strive to provide all consumers and small and micro enterprises with equal access to convenient, sustainable, and inclusive digital finance and other daily life services.
For more information, please visit our website at www.antgroup.com or follow us on Twitter @AntGroup.
About Alipay+
Alipay+ is a set of cross-border digital payments, marketing and digital solutions that help connect merchants and consumers around the world. Consumers can enjoy seamless payments and a wide selection of offers using their favorite payment methods when traveling abroad. Small and medium-sized enterprises can use Alipay + digital tools to improve efficiency and achieve omni-channel growth.
1 https://www.pwc.com/gx/en/industries/financial-services/publications/financial-services-in-2025/ payments-in-2025.html
2 https://www.fisglobal.com/en/global-payments-report
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