Ant Group launches partnership on International Consumer Friendly Zones Program in China, partnering with NayaPay
- Through a partnership with Alipay+, NayaPay becomes the first fintech platform in Pakistan to enable its users to pay at 80 million merchants in China directly through their NayaPay app.
- With continued expansion of the partnership with e-wallets and major card organizations, Ant International introduces a new nation-wide initiative to build International Consumer Friendly Zones across China's main tourist and commercial cities to encourage local consumption through seamless cross-border payment experience.
Ant Group, along with 11 overseas payment partners of Alipay+ and major international card organizations, launched in Beijing a nation-wide Program to build International Consumer Friendly Zones across major Chinese tourist and commercial cities, with the support of relevant authorities and local governments. Working with local merchants, tourism sites and commercial districts, the Program aims to enhance international visitors' experience and drive business for local merchants.
Ant Group now offers 2 mobile payment alternatives for overseas visitors in China. Alipay+, a suite of cross-border mobile payment and digitalization technology solutions under Ant International, enables overseas consumers to pay with their home e-wallets across China. Travelers may also choose to bind major international bank cards, including Visa, Mastercard, JCB, Discover®, and Diners Club International to an Alipay app to access a rich array of local Alipay services from shopping, dining, ride-hailing to public transportation while in the Chinese mainland, without needing a local bank account or phone number.
As part of the International Consumer Friendly Zones program, Ant Group will collaborate closely with partners to significantly enhance accessibility and convenience of the two mobile payment options for international visitors. Emphasis will be placed on refining these services at locations most frequented by travelers, including key transportation hubs as well as tourism attractions, hotels, and shopping districts. Initial efforts will focus on expanding bilingual support, offering comprehensive user guides, and bolstering merchant training to ensure a seamless and welcoming experience for global consumers.
At the launch, Alipay+ jointly announced with NayaPay, Pakistan's leading fintech platform, that NayaPay users will be able to make payments with their e-money account at Alipay+'s extensive network of 80 million merchants in China, as bilateral trade and visits increase.
NayaPay thus becomes the 11th overseas and 1st Pakistani payments platform to "roam" in China, following AlipayHK (Hong Kong SAR, China), Changi Pay (Singapore), HiPay (Mongolia), Kakao Pay (South Korea), MPay (Macao SAR, China), Naver Pay (South Korea), OCBC Digital (Singapore), Toss Pay (South Korea), Touch 'n' Go eWallet (Malaysia), and TrueMoney (Thailand).
To welcome overseas travelers, Ant Group, in collaboration with partners, has been rolling out extensive merchant and consumer education and marketing campaigns.
Danish A. Lakhani, CEO, NayaPay said:
YIN Xiaolong, Vice President, General Manager at Visa mainland China, said that:
Chao Zhan, Vice President of NUCC of China(NetsUnion Clearing Corporation), said that:
Jake Xue, General Manager, Global Business Services, Ant Group, said that:
Introduced in 2020, Alipay+ now connects over 88 million merchants in 57 countries and regions to 1.5 billion consumer accounts on over 25 e-wallets and banking apps, allowing consumers to travel and pay worry-free globally, and merchants to boost revenue through a growing portfolio of digitalization tools.
About Alipay+
Alipay+ is a suite of cross-border mobile payment and digitalization technology solutions that help connect global merchants to consumers. Consumers enjoy seamless payment and a broad choice of deals using their preferred payment methods while travelling abroad. Small and medium-sized businesses may use Alipay+ digital tools to enhance efficiency and achieve omni-channel growth
About Ant Group
Ant Group traces its roots back to Alipay, which was established in 2004 to create trust between online sellers and buyers. Over the years, Ant Group has grown to become one of the world's leading open Internet platforms. Through technological innovation, Ant Group supports its partners in providing inclusive, convenient digital life and digital financial services to consumers and SMEs. In addition, it has been introducing new technologies and products to support the digital transformation of industries and facilitate industrial collaboration. Working together with global partners, the company enables merchants and consumers to make and receive payments and remit around the world.
More From NayaPay
NayaPay and Frontier Works Organization (FWO) Partner to Digitize M-Tag Payments in Pakistan
Read More
Bank of Punjab and NayaPay collaborate to boost digital financial services in Pakistan
Read More
HBL and NayaPay collaborate to boost international remittances to Pakistan
Read More