Ant Group’s Alipay+ to boost cashless travel in South Korea through alliance with Thai, Malaysian, Philippines payment providers
- Users of e-wallets operated by AlipayHK, GCash, Touch ‘n Go and TrueMoney can now settle transactions at more than 120,000 merchants in South Korea
- Backed by Alipay+, this initial roll-out in South Korea covers taxis, duty free shops, convenience stores, and food and beverage chains
This marks the first time that leading mobile payment providers from Southeast Asia and Hong Kong have extended the availability of their services in South Korea through Alipay+, which is a suite of global cross-border digital payments and marketing solutions. It is designed to enable businesses to process a wide range of mobile payment methods, while better serving regional and global consumers through simple technical adoption.
International travel across Asia, meanwhile, continues to rebound amid efforts by governments to remove all Covid-19 restrictions.
In early September, South Korea lifted the requirement for pre-travel Covid-19 tests for inbound travellers, following a decision to remove all quarantine requirements for overseas arrivals regardless of vaccination status.