Ant International hits 2 billion payments in emerging markets

Ant International processed over 2 billion digital cross-border transactions in 2025 for merchants in Southeast Asia, South Asia, the Middle East, and Latin America, as it expanded its AI-driven payments and commerce solutions in these markets.

Ant International reported that its Alipay+ service now connects over 1.8 billion user accounts through 40 international payment partners across more than 100 markets.

The company said its blockchain platform processed over US$600 billion in cross-border fund transfers last year, with more than 95% completed on the same day.

🔗 Source: Ant International

🧠 Food for thought

Implications, context, and why it matters.

Ant International processed over 2 billion cross-border transactions with total payment value and take rate unknown

News reports list over 2 billion cross-border transactions and 1.8 billion users yet skip Total Payment Volume (TPV) 1.
Ant International expects $3.7 billion in 2025 revenue, 10% of Ant Group’s total (Ant Group is Ant International’s parent company) 1.
Investors need TPV growth versus 2024 and a regional breakdown; sub-$10 transactions rose 37% in H1 2025, which signals smaller tickets that pad counts without equal revenue 2.
The firm has not shared take rates (the percentage fee earned per transaction), so investors cannot tell whether margins match 1.5%-3% cross-border fees or sit nearer China’s 0.3%-0.6% domestic rates 3.

POS vendors and merchant SaaS can focus where Alipay+ is live

POS hardware makers and Payment Service Provider (PSP) aggregators can tap Mastercard Near Field Communication (NFC), spurring acceptance at over 150 million merchants 4.
Transactions via national QR codes nearly doubled in H1 2025 so scheme operators with acquiring banks in South Korea plus Malaysia, Singapore, Cambodia and Sri Lanka should push Alipay+ QR acceptance to win tourist spending 5.
Merchant SaaS platforms for travel, Food and Beverage (F&B) plus beauty can add mini-programs, apps in wallets; K-beauty (South Korean beauty products and services) transactions rose 115% year over year (YoY) in South Korea 4.
Payment gateway providers in markets like Kazakhstan, where Alipay+ launched with Kaspi.kz (a Kazakh fintech platform), can speed up integrations for 7.5 million international visitors in H1 2025 6.