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Ant Group, Mastercard, e-wallets launch International Consumer Friendly Zones program in Shanghai to drive inbound tourism to China

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星期五, 五月 31, 2024

View the full release here: https://www.businesswire.com/news/home/20240531488965/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20240531488965/en/
Alipay+ payment signage at a Shanghai restaurant near the Bund highlights Ant Group's digital payment options for international customers.
Amid rising inbound travel, spending by international visitors to Shanghai via the two digital payment alternatives by Ant Group between January and April climbed 13 times on year.
Mastercard remarks that it is a great pleasure to join the International Consumer Friendly Zones program, enabling foreign travelers to make seamless and safe payments, just like locals do.
As international inbound traffic to China continues to recover, Mastercard looks forward to partnering with Ant Group to enhance inbound payment convenience, boost consumption and build a more inclusive payment ecosystem.

Alipay Supports Xi’an to Build “International Consumer Friendly Tourist Destination”

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星期五, 五月 24, 2024

Alipay, the leading digital payment and lifestyle service platform, today announced that it is working with Xi’an, the world-renowned ancient capital city located in Shaanxi province famous for the Terracotta Warriors, to launch the “International Consumer Friendly Tourist Destination” initiative.

Key Points:

Alipay, the leading digital payment and lifestyle service platform, today announced that it is working with Xi’an, the world-renowned ancient capital city located in Shaanxi province famous for the Terracotta Warriors, to launch the “International Consumer Friendly Tourist Destination” initiative.
View the full release here: https://www.businesswire.com/news/home/20240524320945/en/
Launch ceremony of “International Consumer Friendly Tourist Destination” Xi’an (Photo: Business Wire)
Alipay – with the support and guidance of local authorities – is working with its partners in Xi’an, including tourist attractions, hotels, restaurants, and public transit agencies, to upgrade their payment and digital services for international travelers.
In addition to paying like a local with Alipay, international tourists can also use their home e-wallet while exploring China.
“Alipay looks forward to working with even more partners to enhance the payment and travel experience for both domestic and international tourists.

Philippines Prepaid Card and Digital Wallet Business Report 2024-2028: Digital Wallet Providers are Looking to Ride on the Booming Tourism Market - ResearchAndMarkets.com

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星期二, 五月 21, 2024

Prepaid card market (value terms) in Philippines increased at a CAGR of 7.3% during 2019-2023.

Key Points:

Prepaid card market (value terms) in Philippines increased at a CAGR of 7.3% during 2019-2023.
With over 100 KPIs at country level, this report provides comprehensive understanding of prepaid card and digital wallet card market dynamics.
The thriving fintech market has aided the growth of the prepaid card industry in the Philippines.
GCash and Maya, two of the leading digital wallet service providers, are evaluating the impact of fee waivers on micropayments.

Siebert Reports Fourth Quarter and Full Year 2023 Financial Results

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星期五, 五月 10, 2024

Finance, Banking, Accounting, Professional Services, Other Professional Services, Partnership, KakaoPay, Analysis, CFO, Investment, Security (finance), Growth, NFS, Communication, Environment, Result, Cryptocurrency

Siebert Financial Corp. (NASDAQ: SIEB ) (“Siebert”), a diversified provider of financial services, today reported financial results for the fourth quarter and full year ended December 31, 2023.

Key Points:

Siebert Financial Corp. (NASDAQ: SIEB ) (“Siebert”), a diversified provider of financial services, today reported financial results for the fourth quarter and full year ended December 31, 2023.
These included our expanded presence in Miami and New York, the growth of our corporate services business, additional investments in technology, and the capital investment from Kakao Pay.
We also made meaningful progress in improving both our operating income and margins in 2023.
Management’s Discussion and Analysis of Financial Condition and Results of Operations for further detail.

China's 2024 Labor Day Sees 77% Rise in Outbound Travel Transactions and 700% Surge in Inbound Spending YoY via Alipay

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星期日, 五月 5, 2024

Alipay's data indicates a significant uptick in both outbound and inbound tourism spending in China during the 2024 Labor Day holiday.

Key Points:

Alipay's data indicates a significant uptick in both outbound and inbound tourism spending in China during the 2024 Labor Day holiday.
For the 2024 Labor Day holiday, Alipay, an Alipay+ partner wallet, has joined hands with global merchants to launch extensive campaigns aimed at enticing Chinese tourists.
In April, Huangshan Tourism Group partnered with Alipay to launch “International Visitor Friendly Scenic Spot” ahead of the Labor Day holiday.
In addition to using Alipay, overseas consumers can also pay with their home e-wallets across China, enabled by Alipay+.

Alipay+ Enables Digital Payment of 14 Overseas E-wallets from 9 Countries and Regions in Hong Kong to Support City’s Global Travel Drive

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星期五, 四月 26, 2024

Similar to Alipay (Chinese mainland), these newly enabled wallets are now accepted at over 90% of the local outlets in Hong Kong.

Key Points:

Similar to Alipay (Chinese mainland), these newly enabled wallets are now accepted at over 90% of the local outlets in Hong Kong.
This represents the largest number of international payment apps introduced to the city’s offline commercial network through cross-border cooperation at a single time.
Since 2023, Hong Kong has seen a continued growth of inbound travelers following the launch of global campaigns by the Hong Kong Tourism Board (HKTB) to welcome visitors from all around the world.
As the city's tourism promotion organization, the Hong Kong Tourism Board attracts visitors to Hong Kong through various global promotions and marketing initiatives.

Alipay+ Launches Football Carnival Across Asia in Global Campaign for UEFA EURO 2024™

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星期五, 四月 26, 2024

Alipay+, the cross-border mobile payment and digitalization technology solutions under Ant International, is launching an offline football carnival across Asia as part of Ant International’s global campaign for UEFA EURO 2024.

Key Points:

Alipay+, the cross-border mobile payment and digitalization technology solutions under Ant International, is launching an offline football carnival across Asia as part of Ant International’s global campaign for UEFA EURO 2024.
View the full release here: https://www.businesswire.com/news/home/20240425248359/en/
A pop-up booth in Bangkok's Centralworld shopping mall to engage football fans.
Alipay+ is launching an offline football carnival across Asia as part of Ant International’s global campaign for UEFA EURO 2024.
Alipay+ has also launched an in-app UEFA EURO 2024 fan zone exclusively for users of AlipayHK, Touch ‘n Go eWallet, TrueMoney, GCash and DANA.

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

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星期三, 四月 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, Along With Twelve Asia-Pacific Fintech Companies, Joins the Sirius initiative, Aiming to Support the Sustainable Development of SMEs.

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星期三, 四月 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."

Ant Group Launches Partnership on International Consumer Friendly Zones Program in China, Partnering With Global E-wallets, Card Organizations

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星期一, 四月 8, 2024

Ant Group, along with 11 overseas payment partners of Alipay+ and major international card organizations, launched in Beijing a nationwide Program to build International Consumer Friendly Zones across major Chinese tourist and commercial cities, with the support of relevant authorities and local governments.

Key Points:

Ant Group, along with 11 overseas payment partners of Alipay+ and major international card organizations, launched in Beijing a nationwide 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.
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.
Jake Xue, General Manager, Global Business Services, Ant Group, said, “Seamless payment and consumer experience is critical for international travel as well as for broader cultural and economic exchange.