Ant Group, which operates global cross-border digital payments and marketing solution Alipay+, on Wednesday announced launching its services in the Philippines. Hangzhou-headquartered Ant Group said that in the Philippines, Alipay+ will be accepting payments through four mobile wallets: Hong Kong-based AlipayHK, South Korea’s Kakao Pay, Malaysia’s Touch ‘n Go eWallet, and Alipay from mainland China. According to Ant Group, the four mobile wallets have been in use by merchants in the Philippines since 2017. The firm noted that according to the country’s Department of Tourism, more than 3 million tourists have visited the Philippines from January 1 to July 19, 2023, reflecting the tourism sector’s resilient and robust recovery from the Covid-19 pandemic. Introduced by Ant Group in 2020, Alipay+ aims to enable local businesses, especially small and medium-sized businesses, to process a wide range of mobile payment methods. In addition to the Philippines, Alipay+ is also accepted in the Chinese mainland, Macao SAR, Singapore, Thailand, Japan, and South Korea, among others.
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