Touch ‘n Go Group, via TNG Digital Sdn Bhd (TNG Digital), as the owner and operator of Touch ‘n Go eWallet, today (Nov 7) announced the expansion of its cross-border payment capabilities to Mainland China.
This capability was made available through its collaboration with Alipay+, a suite of global cross-border digital payments and marketing solutions operated by Ant Group.
“We are pleased to continue our partnership with Alipay+ on cross-border payment solutions and expand our service territory beyond Singapore, Japan and South Korea. Touch ‘n Go eWallet is the first Malaysian eWallet which can be used for payments in Mainland China.
This augurs well for all our users travelling there as they will enjoy the ease of making cashless payments, and in Ringgit Malaysia as well,” said Alan Ni, Chief Executive Officer of TNG Digital Sdn Bhd.
“We expect our users to experience the same seamless convenience of using Touch ‘n Go eWallet in Mainland China as how they would in Malaysia, and with the assurance that their transactions are safe and secure. We will continue to grow our acceptance to more markets in time to come,” said Alan.
Commenting on this latest milestone for Alipay+, Angel Zhao, President of International Business, Ant Group said, “As businesses recover from the pandemic, Alipay+ is playing an important role in connecting global brands – both online and offline, big and small – with mobile-savvy consumers worldwide. Through simple adaption, more than 2.5 million merchants around the world are able to access and better serve the growing user population of various leading digital payments providers, as digital transformation takes hold around the world.”
Over the past six months, Alipay+ has been gaining ground in markets including Southeast Asia, South Korea and Japan, connecting local and regional merchants with various digital payment methods.
Mainland China has become the latest destination for users of Malaysia’s Touch 'n Go eWallet in a drive to enhance a seamless and convenient payment experience for international visitors ahead of the Hangzhou Asian Games.
The global merchant coverage of Alipay+ by sector includes over 1,000 online platforms, more than 10 major airports, over 90,000 convenience stores, over 360,000 restaurants, nearly 200,000 taxis and major hotel brands, department stores, duty-free shops and touristfacilities in Asia and Europe.
Apart from Mainland China, all Touch ‘n Go eWallet users can also make cross border payments wherever the Alipay+ QR code is displayed in Japan, South Korea, Singapore, United Kingdom, Italy, France, and Germany.