Alipay+ enables QR payments in Mongolia for 12 foreign e-wallets

The e-wallets are from SEA, East Asia, and Italy.

Alipay+ has partnered with Mongolia’s Khan Bank to enable 12 foreign e-wallets to be used for digital and mobile payments in the country.

Users of the e-wallets and payment apps— who come from Asia and Europe— will be able to pay via QR code in all merchants that carry the Alipay+ logo. These include hotel chains, restaurants, department stores, and cashmere outlets, according to a press release by the China-headquartered digital payment giant.

These e-wallets include Alipay (Mainland China), AlipayHK (Hong Kong), Tinaba (Italy), MyPB by Public Bank Berhad and Touch ‘n Go Digital (Malaysia), GCash (The Philippines), Changi Pay and OCBC Digital (Singapore), Kakao Pay, Naver Pay and Toss Pay (South Korea), and TrueMoney (Thailand).

Local merchants can also create promotions, distribute digital coupons, and offer discounts to e-wallet users of the super apps thanks to Alipay+.

From now through October 2024, users of AlipayHK, MyPB, GCash, OCBC Digital, Kakao Pay, Naver Pay, Toss Pay and TrueMoney are granted a 10% instant discount when making a purchase on Khan Bank’s POS terminals.

More mobile payment service apps are expected to join in the months to come, Alipay said.

Recently, Alipay teamed up with Mastercard to launch an international program for travelers visiting Shanghai.

Follow the link s for more news on

AliPay

GCash

OCBC Bank

Public Bank

Also Read

OCBC teams up with Disneyto boost new customer growth in SEA

Vietnam’s debit card payments market to be worth $65.6b in 2028

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit