Alipay’s Post

Chinese travelers are globe-trotting this #NationalDay #GoldenWeek, with the Alipay app in hand. Outbound travel transactions via Alipay surged over 60% YoY, thanks to the invaluable support of its global merchant partners, from charming local shops to renowned international brands. 🌟Top destinations: 1⃣️Malaysia 2⃣️Korea 3⃣️Thailand 4⃣️Hong Kong SAR 5⃣️Singapore 🌟Prioritizing local experiences over shopping: 🚌Transportation 🎢Entertainment 🍜F&B 🍬Retail 🌟Travel like a local: More travelers are choosing buses, subways, and shared bikes, making frequent small payments. Thailand, Malaysia, Hong Kong SAR, and Macao SAR saw the fastest growth in transport transactions. More at: https://rb.gy/9rfm8n #AlipayYourWay

Alipay reports 77% rise in outbound travel transactions and 700% surge in inbound spending https://lnkd.in/eqwBPyHT In addition to using Alipay, overseas consumers can also pay with their home e-wallets across China, enabled by Alipay+.

Alipay+, a global platform for digitization and cross-border mobile payments run by Ant International, revealed that it had inked a #partnership with the Jeju Tourism Organisation and the Korea Easy Payment Foundation. Through the provision of practical digital payment services and special offers, the alliance seeks to greatly improve the #travel experience for foreign tourists visiting the well-known island of Jeju. This will help to stimulate the local economy, according to a statement from Alipay+. Koh Seung-cheol, Chief Executive Officer of Jeju Tourism Office, said that this agreement is geared towards boosting the spending of foreign tourists by promoting QR code-based transactions, thereby fostering economic growth in the local community. The Korea Easy Payment Foundation's CEO, Choi Tong-joo, stated that the organisation wants to increase the scope of its partnerships with local payment providers in order to create a smooth payment #infrastructure that integrates both local and foreign services. To share your startup story write us on - contact@startuprise.org #Payments #Infrastructure #KoreaEasyPayment #Jeju

💳 Cash-Free China: A Digital Wonderland or a Traveler's Headache? 🤯 Who hasn’t been blown away by China’s transformation? 🚀 From cutting-edge tech to more English speakers making life easier for visitors, it’s truly impressive. But as a traveler, that amazement can quickly turn into big time frustration. 😡 Everything revolves around WeChat Pay or Alipay—great if you have a Chinese bank account, impossible if you don’t. ❌💵 Cash? Forget it, nobody uses it anymore. Just last week, I spent an hour at Guangzhou airport trying to track down the “WeChat for travelers” solution I read about online. Guess what? It doesn’t exist. 😤 Why roll out visa-free entry to attract tourists, but then make it so hard for them to do something as basic as paying for a coffee? ☕ China’s innovation is incredible, but this lack of access is maddening. 😵 If the goal is to welcome the world, it’s time to fix this. 🌍 Have you been stuck like this? How did you manage? 🤔 #ChinaTech #WeChatPay #TravelFrustrations #DigitalWorld 🌐

China's e-payment systems of WeChat Pay and Alipay have enjoyed domestic success. And now they are expanding into ASEAN. ASEAN and China are the largest trading block globally so this move is quite aligned to this focused group. This article discusses the systems and future opportunities for China's expanding cashless reach across borders.

Exploring Asia cashless: GCash and Alipay+ Pave the Way for Seamless Travel Scan-to-Pay expanded to the Chinese mainland, Hong Kong, Macao, Thailand, UAE, and more. Filipino travelers can now enjoy a seamless cashless experience in more destinations with the expanded partnership between #GCash and #Alipay+, the cross-border mobile payment and digitalization solutions operated by Ant International. This partnership enables the convenience of GCash's Scan-to-Pay feature most recently in the Chinese mainland, Hong Kong SAR, Macao SAR, Thailand, and the UAE at select Alipay+-enabled stores, bringing the total number of markets to more than 45. Read more » #APPSGADGET #APPSGADGET

China’s e-payment systems WeChat, Alipay dominate its cashless society. Can they repeat their success in Southeast Asia? "...Businesses in Singapore have been eager to reap the benefits of accepting Chinese digital yuan as mainland tourist numbers inch back to pre-pandemic levels. But experts have highlighted challenges that come with streamlining cross-border payment transactions..." #epayments #cashlesssociety #digitalyuan #tourism #crossborder CNA Melody Chan _________________________________ If you want to immediately see new content that I curate 👉🏻 Ring my bell (🔔) and follow #informationbanker or Informationbanker and if you want to get the posts that got noticed in my weekly What’d I miss newsletter, subscribe here: "https://lnkd.in/d5_KvWwu"

During China’s Labor Day break, Alipay users are taking their trusted app to roam the globe. Outbound travel transactions via Alipay saw a 77% increase YoY, with total spending up by 10%. 🌟Top destinations: 1⃣️Hong Kong SAR 2⃣️Japan 3⃣️Macao SAR 4⃣️Korea 5⃣️The United States 6⃣️Thailand 🌟Alipay spending: ⬆️52% YoY in Southeast Asia ⬆️164% YoY in Japan 🌟Green travel: Alipay users surf Hong Kong's amazing public transport system like locals. Transactions increased by 63% over 2023. More at: https://lnkd.in/dPf_NUcw #AlipayYourWay #LaborDay #OutboundTravel #GreenTravel

🌏 Golden Week 2024 Alipay Data and what it shows on travellers trends and behaviours Golden Week in China isn’t just a peak travel period; it’s also a strong indicator of recovering consumer confidence. This year, Alipay reported a significant surge in both domestic and outbound tourism transactions. 🔹 60% growth in overseas transactions in the first four days. 🔹 Countries like Malaysia, South Korea, Thailand, and Singapore saw the fastest growth. 🔹 120% increase in spending by foreign travelers in China, driven by visa-free policies and local discounts. 🔹 Alipay’s Tap! feature, launched in July, saw a 130% rise in usage, highlighting how contactless payments are enhancing the consumer experience. Additionally, Alipay’s AI-powered chatbot, Zhixiaobao (智小宝), handled over 20 million interactions, assisting travelers during the holiday period. #GoldenWeek #ChinaBusiness #AIChatbots

Cambodia has taken a significant step towards enhancing international payments with the integration of Alipay+ with its national QR code system, KHQR. This collaboration allows users of 12 international payment apps to make seamless transactions at over one million merchants in Cambodia using KHQR, the country's standardised QR code. The initiative, part of the Bakong payment system introduced by the National Bank of Cambodia in 2022, aims to simplify QR payments for both customers and merchants. Madam Serey Chea, Governor of the National Bank of Cambodia, highlighted the importance of this partnership in modernizing cross-border payments within ASEAN, stating that it will benefit customers and help merchants seize new opportunities in the evolving digital landscape. Ed Yue, General Manager for Southeast Asia, Australia, and New Zealand at Ant International, expressed gratitude to the National Bank of Cambodia for their vision in digitalizing local merchants and the travel ecosystem, which will contribute to enhancing the travel experience for global consumers and boost the local economy. Alipay+ has a vast network, connecting users to over 90 million merchants across 66 markets globally, including popular travel destinations. This collaboration not only streamlines payment processes but also fosters financial cooperation and technological advancements in the region. #Cambodia #Alipay #KHQR #Bakong #Fintech #DigitalPayments