Alipay+ Connects Global Merchant Partners to Over 100 Million Online Consumers During the Double 11 Shopping Festival – QNT Press Release


The digital & entertainment sector saw the highest level of user participation during the ongoing Double 11, achieving over 200 percent growth in transactions volume this year, followed by the O2O and e-commerce sectors.

Alipay+, a suite of cross-border payment and marketing solutions, has supported global online merchant partners to serve over 100 million e-wallet users as they flock to take up the offers and benefits since the global Double 11 event kicked off on November 1.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221110006198/en/

Alipay+ is dedicated to bringing more exclusive offers and benefits from merchants around the world to hundreds of millions mobile-savvy consumers of its e-wallet partners. (Photo: Business Wire)

The consumers that participated in the event are mostly users of a dozen popular e-wallets from Southeast Asia, including GCash (The Philippines), TrueMoney (Thailand), Touch ‘n Go eWallet (Malaysia), DANA (Indonesia) and Kakao Pay ( South Korea). With Alipay+, these users can conveniently make cross-border payments with more than 1,000 global online merchants by using their local currency wallets on their respective platforms during the festival.

This year, e-wallet users could access coupons to exchange for free gifts and attractive deals offered by merchants listed on the Alipay+ Rewards section from their own payment apps. Consumers can also use direct payments at online checkout through e-wallets powered by Alipay+ solution , which ensures payments can be completed smoothly …

Full story available on Benzinga.com



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