Alipay+ Expands to Thailand

The four mobile wallets supported by Ant Group’s payment system Alipay+ are now accepted in Thailand

Alipay+ Expands to Thailand

Chinese fintech giant Ant Group announced that Hong Kong’s AlipayHK, South Korea’s Kakao Pay, Malaysia’s Touch ‘n Go eWallet, and Mainland China’s Alipay mobile wallets supported by its flagship payment system Alipay+ are now accepted in Thailand.

Besides, local Thai businesses can now leverage additional payments and marketing solutions, provided by Ant Group in partnership with the Tourism Authority of Thailand (TAT), including the Alipay+ D-store. The latter enables merchants to build digital stores in the form of mini programmes, leveraging the potential of e-commerce to reach and engage tourists.

Other digital solutions for local businesses cover areas such as the digitalisation of service operations, digital marketing efficiency and customer experience enhancement.

The move goes in line with the local policies, aiming to restore and enhance the digital travel experience for more Asian tourists, as the local tourism industry is finally making a post-Covid rebound. Ant Group’s new collaborations with the TAT are intended to promote a travel campaign called “Amazing Thailand”.

“We strongly believe that the acceptance of more Asian mobile wallets in Thailand will enhance the travel experience and further promote Thailand as an attractive and sustainable destination for travellers. Our focus now is to onboard more local merchants in sectors including travel, retail, hospitality, F&B to integrate the Alipay+ solution,” says Dr. Cherry Huang, General Manager of Alipay+ Offline Merchant Services at Ant Group.

Yuthasak Supasorn, governor of TAT added: “We welcome Ant Group’s efforts to contribute to the digitisation of the tourism industry by providing innovative digital solutions and close collaborations with local merchants. We are confident this will lead to a revenue boost and growth opportunities for local businesses.”

We have previously reported that Ant Group was undergoing an ownership restructuring, which would leave “no shareholder, alone or with other parties” with dominant control over the conglomerate. Under this restructuring, the billionaire Jack Ma gave up control of the Chinese fintech giant to transfer voting rights to independent Ant executives.

Nina Bobro

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Nina is passionate about financial technologies and environmental issues, reporting on the industry news and the most exciting projects that build their offerings around the intersection of fintech and sustainability.