- China-based payment provider Alipay+ has confirmed that it reached more than 100 million customers during the global Double 11 shopping festival.
- Users were able to place cross-border payments to more than 1,000 merchants around the world.
- “Ant Group’s technology capabilities and know-how also ensure our merchants and wallet partners are able to process transactions smoothly during peak traffic time, such as the ongoing Alipay+ Double 11 Mega Deals and other promotional events,” said a senior Alipay spokesperson.
Alipay+, a leader in the international money transfer sector, has confirmed that it reached more than 100 million e-wallet users during a major shopping festival.
Customers joined the Double 11 event from a number of different countries, including the Philippines, Malaysia, Thailand and South Korea.
The customers were users of popular e-wallets such as GCash, Kakao Pay and TrueMoney, which allowed them to use their local currency and acquire coupons for exchange.
In total, users were able to place cross-border payments to more than 1,000 merchants around the world. Alipay+ was particularly successful during this period, managing to secure more than 100 million online customers.
“We are excited to see the enthusiasm of consumers during 11 November mega sales this year as online shopping and digital payment have continued to evolve as the key channels for growth over the years,” said Daniel Marogy, Managing Director of foodpanda Philippines, one of the participating firms.
For Ant Group, meanwhile, General Manager of Acquiring Service and Global Strategic Accounts Jing Yin said that the firm was “dedicated” to improving offers.
“Alipay+ is dedicated to bringing more exclusive offers and benefits from merchants around the world to hundreds of millions mobile-savvy consumers of our e-wallet partners,” said Yin.
“Ant Group’s technology capabilities and know-how also ensure our merchants and wallet partners are able to process transactions smoothly during peak traffic time, such as the ongoing Alipay+ Double 11 Mega Deals and other promotional events.”
The news about the festival comes at a good time for Alipay+. The firm revealed last week at the Singapore Fintech Festival that in the last six months, it had boosted its global merchant coverage by almost double, to more than 2.5 million.
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