Alipay+ expands our payment acceptance to Latin America, starting with Argentina and Chile, while continuing to grow acceptance across the region. This makes it easier for users of our 50 international payment apps to make cross-border payments with their trusted and familiar home e-wallet. Through a single integration, merchants can accept payments from leading e-wallets and banking apps across Asia and Europe, settle in local currency, and access AI-powered risk management and marketing solutions from Alipay+. At Alipay+, we will continue to empower seamless payments, connecting global users with local merchants.
We are thrilled to announce that Alipay+ is bringing cross-border mobile payment solutions to travellers in Chile and Argentina and more destinations to come, via a partnership with PVS LATAM. As tourism rebounds and travel patterns evolve, particularly with more visitors from Asia exploring Latin America for longer stays, the need for frictionless financial interactions has never been greater. Through this collaboration, global travellers can now use their familiar home e-wallets and banking apps to make secure QR code payments at PVS merchants. Key highlights of this expansion: 🔹 Seamless Connectivity: Connects over 2 billion consumer accounts from 50+ e-wallets and banks, plus 10+ national QR schemes. 🔹 Merchant Empowerment: Local businesses can accept payments in local currency with minimal friction, tapping into inbound tourism growth. 🔹 Zero Exchange Pain: Travellers enjoy transparency and security without the hassle of complex currency exchanges. This initiative underscores Ant International’s commitment to supporting regional digitalization. By combining Alipay+’s global technology and risk solutions with PVS’s deep local expertise, we are helping merchants capture new growth opportunities while offering consumers the convenience they expect. We look forward to expanding this coverage to other markets in Latin America, continuing our mission to connect global merchants with consumers through innovative digital solutions. Read more: https://lnkd.in/g7yUNKNp #AlipayPlus #AntInternational #Fintech #LatinAmerica #CrossBorderPayments #DigitalTransformation #TravelTech #PVS