Alipay+, has linked up with 2 million merchants across the country. This integration enables these merchants to enhance their service for international visitors by offering a seamless payment experience compatible with their respective home country e-wallets.
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GLOAs Japan prepares to welcome cherry blossom tourists from around the globe, Ant International announces that its cross-border mobile payment solution, Alipay+, has linked up with 2 million merchants across the country. This integration enables these merchants to enhance their service for international visitors by offering a seamless payment experience compatible with their respective home country e-wallets.
Alipay+ facilitates transactions from 16 different e-wallets and bank apps in Japan, including Alipay (from mainland China), AlipayHK (from Hong Kong SAR China), MPay (from Macao SAR China), Kakao Pay (from South Korea), Naver Pay, and Toss (also from South Korea), as well as Singapore’s OCBC Digital, Changi Pay, and EZ-Link. Also included are Malaysia’s Touch ‘n Go eWallet and MyPB by Public Bank Berhad, the Philippines’ GCash and HelloMoney, TrueMoney from Thailand, Hipay from Mongolia, and Tinaba from Italy.
With the support of Alipay+, the transaction volume made through e-wallets and bank apps in Japan surged over 200% in the initial three weeks of March compared to the same period in 2023. Notably, Alipay, AlipayHK, Kakao Pay, Touch ‘n Go eWallet, GCash, and TrueMoney are among the preferred e-wallets used by travelers to Japan, while MPay, Naver Pay, and Toss are experiencing rapid growth. These transactions are estimated to constitute about 10% of users’ overall spending during their time in the country.
During a press conference held in Tokyo, Ant International President Douglas Feagin stated, “Through collaboration with our partners, Alipay+ offers global tourists a seamless digital payment experience similar to that in their home markets. Tourists can effortlessly make purchases by scanning QR codes at merchants of all sizes, without concerns about foreign currency exchange or language barriers.”
For instance, in Asakusa, a Tokyo district renowned for its historic underground shopping street, small souvenir shops and snack stalls are leveraging QR codes for streamlined transactions. The monthly cross-border mobile transaction volume here is over five times higher on average, reflecting the increasing preference for cashless payments among visitors to Japan.
Source: Alipay
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