Photo credit: Ant Group
Ant Group has expanded its Alipay+ digital payment platform in the Philippines to add support for three new mobile wallets: AlipayHK from Hong Kong, Kakao Pay from South Korea, and Touch ‘n Go eWallet from Malaysia.
Currently merchants in Manila and Cebu, two major cities in the country, accept Alipay+.
This upgrade comes as travelers are returning to the Philippines as part of the post-Covid-19 tourism recovery. According to the Philippines’ Department of Tourism, over 3 million tourists have visited the country from January 1 to July 19.
Cherry Huang, general manager of Alipay+’s offline merchant services, said the company’s focus now is to forge more partnerships and onboard more merchants across the country, particularly small businesses.
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Ant Group introduced Alipay+ in 2020 to help businesses expand their supported payment methods. The mobile wallets on the platform are also accepted as payment options in markets such as mainland China, Macao, Singapore, Japan, and South Korea.
Earlier this year, Ant Group expanded the coverage of the same service in Malaysia, enabling all 7-Eleven stores there to accept Alipay+ and other mobile wallets in its ecosystem. It has also set up integrations for its mobile wallet ecosystem in Thailand.
Editing by Miguel Cordon and Dhania Putri Sarahtika
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