CHINA TOPIX

11/21/2024 11:33:04 pm

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Alipay+ Rolled out in Singapore

Alipay

(Photo : YouTube) An ongoing Alipay transaction. Alipay is expanding in Singapore.

Alipay has launched its new program called Alipay+ in Singapore, one of the most popular destinations for Chinese tourists.

Alipay is looking out for international partners as it plans to create a mobile service platform which can be accessed by its users even abroad.

Joining Alipay are South Korean firm KICC, Japan's Orix, and Singapore's Singeat.com. This consolidated effort will cover major markets in Asia, Europe, and North America.

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According to China Tech News, Alipay is still looking for international partners to create a service that will cover online payments, cloud computing, and big data business. Alipay plans to integrate technology with local services to provide a more streamlined one-stop service to serve more Chinese outbound tourists.

Statistics reveal that outbound Chinese tourists tend to spend a lot of their travel time at department stores, restaurants, and airports. By creating a platform based on these locations, Alipay will have a consolidated platform that will allow tourists to easily connect to local services.

Alipay's overseas expansion started in late 2014. Since then, the company set up around 70,000 local services in 70 countries including South Korea, Germany, Singapore, and Japan. In June, ride booking app Grab announced its partnership with Alipay to provide Chinese tourists with an easy to use online payment service in Singapore and Thailand, according to Singapore Business Review.

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