Japan-based QR payment operator PayPay announced an expanded partnership with Alipay+, Ant International’s cross-border mobile payment, and digitalisation technology solution, to connect over 3 million local merchants to the global payment ecosystem.
The partnership aims to provide global visitors with a seamless and secure payment with their preferred domestic e-wallets.
Future of travel
The partnership aims to enable travelers using Alipay+ payment partner apps to scan PayPay QR codes to make payments at a wide range of merchant-presented mode (MPM) stores across Japan.
“The simplicity of QR code payment is proving to be a game changer for the future of travel. Together with our partners like PayPay, we are powering inclusive economic growth by connecting the vibrant supply chain of Japan’s nationwide merchants to the growing demand of international consumers for hyper-local experiences via the global payment ecosystem with Alipay+. Enabling travelers to pay with their home wallets when they see a PayPay QR code will open up the payment borders for the global tourism marketplace,” Douglas Feagin, president of Ant International, said.
Empowering businesses
The partnership also aims to support the growth of local small and medium enterprises (SMEs) in Japan by connecting them to the global payment ecosystem.
Masayoshi Yanase, corporate officer and division head of the Finance Business Strategy Division at PayPay Corporation said: “PayPay is committed to building a connected, seamless payment ecosystem that empowers local businesses to connect with international travellers. Through convenient and secure payment solutions, we enhance the travel experience for global tourists.”
