Macau Pass | Jotup

MPay Of Macau Pass Rose Over 200% In Transaction Value And Volume In Japan's Cross-Border Payments In 2024 Q1

Retrieved on:

Wednesday, April 10, 2024

Growth, Finance, Macau Pass, Somatosensory system, Travel, MOP, QR, Statistics, News, EZ-Link, Public Bank Berhad, KakaoPay, Digital technology, GCash, Naver Pay, Marketing, Cryptocurrency

Japan is one of the first countries where MPay has launched cross-border payment services through Alipay+ and is also one of the favorite travel destinations for residents of Macao.

Key Points:

Japan is one of the first countries where MPay has launched cross-border payment services through Alipay+ and is also one of the favorite travel destinations for residents of Macao.
Currently, people from Macao can use MPay to make purchases at cooperating stores in Japan, settle in MOP, and enjoy preferential exchange rates.
According to statistics, in the first quarter of 2024, MPay's transaction volume and number of transactions in Japan increased by over 200% respectively compared to the fourth quarter of 2023.
By working with these partners, Alipay+ provides global tourists with the same seamless digital payment experience they enjoy in their own markets.

Macau Pass and China Performing Arts Agency Reach Strategic Cooperation to Jointly Promote the Inheritance of Chinese Culture and Innovation in Multiculturalism

Retrieved on:

Wednesday, April 10, 2024

CPAA, Finance, Communication, CFO, Macau Pass, Partnership, Economic development, News, Tourism, Government

The agreement aims to further deepen the inheritance, innovation, and development of Chinese traditional culture in Macao, and to promote cultural exchange and integration between Macao, the Asia-Pacific region, and Chinese mainland.

Key Points:

The agreement aims to further deepen the inheritance, innovation, and development of Chinese traditional culture in Macao, and to promote cultural exchange and integration between Macao, the Asia-Pacific region, and Chinese mainland.
Sun Ho states that this cooperation not only actively responds to the national cultural development strategy but also helps to promote Chinese culture "going global".
In the future, Macau Pass and CPAA will engage in comprehensive and in-depth cooperation in relevant businesses to jointly write a new chapter in the inheritance of Chinese culture and the innovative development of multiculturalism.
With Macao as its hub, Macau Pass’ subsidiary in Macao, Macau Pass S.A., is a non-bank financial institution with a financial clearing system.

Macau Pass, Along With Twelve Asia-Pacific Fintech Companies, Joins the Sirius initiative, Aiming to Support the Sustainable Development of SMEs.

Retrieved on:

Wednesday, April 10, 2024

TrueMoney, DANA, Employment, Face, Finance, Growth, BKash, Corporation, Macau Pass, Education, Knowledge, Classification, Alipay, United, Carbon, News, SME, KakaoPay, GCash, Sustainable development

Macau Pass, Along With Twelve Asia-Pacific Fintech Companies, Joins the Sirius initiative, Aiming to Support the Sustainable Development of SMEs.

Key Points:

Macau Pass, Along With Twelve Asia-Pacific Fintech Companies, Joins the Sirius initiative, Aiming to Support the Sustainable Development of SMEs.
• 13 mobile payment tools and digital platforms, including MPay, pledge to promote local small and micro enterprises (SMEs) to participate in sustainable development programs.
Programme SIRIUS is an open and collaborative industry initiative that aims to support MSMEs operating on digital platforms in their journey towards sustainability.
With our experience in innovation-led sustainability and SME programs, Ant International is honored to create more sustainable opportunities for SMEs."

Alipay+ Connects 2 Million Merchants in Japan as Global Tourists Travel to the Country for Cherry Blossom Season

Retrieved on:

Thursday, March 28, 2024

Powered by Alipay+, transaction volume made by e-wallets and bank apps in Japan jumped over 200% in the first three weeks of March, compared with the same period in 2023.

Key Points:

Powered by Alipay+, transaction volume made by e-wallets and bank apps in Japan jumped over 200% in the first three weeks of March, compared with the same period in 2023.
“By working with these partners, Alipay+ provides global tourists with a seamless digital payment experience that is the same as in their own markets.
PayPay, a leading cashless payment service and partner of Alipay+ in Japan, supports the merchants, facilitating seamless transactions for both locals and tourists alike.
Our partnership with Alipay+ has seen transactions surge sixfold this year, specifically in Japan, a true testament to our dedication to innovative payment solutions.

AGTech Announces Second Interim Results Ended December 31, 2023, Revenue Increases 69% Year-on-Year

Retrieved on:

Wednesday, March 13, 2024

AGTech Announces Second Interim Results Ended December 31, 2023, Revenue Increases 69% Year-on-Year

Key Points:

AGTech Announces Second Interim Results Ended December 31, 2023, Revenue Increases 69% Year-on-Year
(Hong Kong, February 23, 2024) – AGTech Holdings Limited (“AGTech” or the “Group”, HKEX stock code: 8279) today announced its second interim results for the twelve months ended December 31, 2023.
• EBITDA of the Group for the 12-Month Period was approximately HK$39.5 million (Twelve months ended December 31, 2022: Negative EBITDA of approximately HK$37.7 million).
The profit for the 12-Month Period was approximately HK$29 million (12 months ended December 31, 2022: loss of approximately HK$131 million).
The change from operating loss to profit was mainly due to: (1) the increase in total revenue; (2) the increase in net finance income.

Macau Pass Group Holdings Limited and AutoNavi Asia Limited Signed A Framework Agreement for Collaboration to Promote the Development of Macao's Local Economy

Retrieved on:

Friday, February 9, 2024

Culture, Macau Pass, AutoNavi, Finance, Tourism, Travel, Marketing, Ali Baba, News, Casino

(Macao, February 9th, 2024) - MacauPass Group Holdings Limited ("Macau Pass") and AutoNavi Asia Limited (“AutoNavi”) signed a cooperative framework agreement on February 8,2024.

Key Points:

(Macao, February 9th, 2024) - MacauPass Group Holdings Limited ("Macau Pass") and AutoNavi Asia Limited (“AutoNavi”) signed a cooperative framework agreement on February 8,2024.
Both parties agree to establish a strategic cooperation relationship in local services by utilizing their respective resources and experiences.
They will jointly provide travel and mobility services for qualified users in Macao while complying with relevant laws and policies in Macao.
Macau Pass states that this strategic cooperation with AutoNavi, following its collaboration with Fliggy in February this year, once again aligns with the Alibaba ecosystem, and is one of the strategic actions to promote the local economic development of Macao.

Alipay+ Collaborates With Macao SAR Government to Boost Local Consumption and Attract Inbound Tourists

Retrieved on:

Friday, January 13, 2023

The latest campaign inside AlipayHK’s Alipay+ Rewards section was established to boost local consumption as more and more tourists return to the city.

Key Points:

The latest campaign inside AlipayHK’s Alipay+ Rewards section was established to boost local consumption as more and more tourists return to the city.
AlipayHK, which owns most active users in Hong Kong, has been accepted at nearly 90% merchants in Macao.
He added that the campaign is also expected to connect Macao merchants with more tourists from other overseas markets through Alipay+ in the future.
South Korea’s Kakao Pay, another e-wallet partners of Alipay+, has also been accepted at local merchants in Macao.

AGTech Expands into the Greater Bay Area Fintech Market after the Completion of Macau Pass Acquisition

Retrieved on:

Thursday, March 24, 2022

Macau Pass, being the leading payment service provider in Macau, issued the first and the most commonly used contactless smart card for payments in Macau, Macau Pass Card ("MP Card").

Key Points:

Macau Pass, being the leading payment service provider in Macau, issued the first and the most commonly used contactless smart card for payments in Macau, Macau Pass Card ("MP Card").
The first mobile payment platform in Macau, Macau e-wallet ("MPay"), was subsequently issued by Macau Pass, it was an innovated product which led Macau into the development of e-payment.
"Over the years, Macau Pass has been actively involving in local fintech industry, expanding its e-payment applications to different levels of Macau people's daily lives.
"The completion of Macau Pass acquisition marks an important milestone for AGTech.