- Razer Merchant Services, which is a business-to-business provider of merchant services, has confirmed a new deal with Alipay+.
- In the new arrangement, Alipay+, which was introduced by Ant Group in 2020, will be integrated into various merchant services across different parts of Malaysia.
- “Alipay+ helps partners including RMS to connect local merchants with global digital payment methods through one simple integration, so that to ease cross-border payments pain points and enable more merchants to adopt digital payments,” said a senior figure at Ant Group.
Razer Merchant Services, a business-to-business provider of merchant services, has confirmed a new arrangement with Alipay+.
Razer Merchant Services, which is part of Razer Fintech, said that it will be boosting its offer of Alipay+ solutions in Malaysia.
The move means that Alipay+, which was introduced by Ant Group in 2020, will be integrated into over 60,000 online and offline services across the country.
This will take place in a large number of different verticals, including food and beverage, retail and business.
It will allow merchants to take cross-border payments through a variety of access points, including mobile banking smartphone applications.
International e-wallets will also be included.
In a statement, a senior figure at Razer Fintech pointed out that the move was happening against a backdrop of changing customer demand.
Lee Li Meng, who is the chief executive officer there, said that eCommerce had skyrocketed in recent years in Southeast Asia.
“The growth of eCommerce around Southeast Asia has rapidly increased the adoption of e-wallets, and RMS is proud to be partnering with Ant Group to contribute to this expansion,” he said.
He added that the company was “proud” of its offer when it came to Alipay+ solutions in the region.
“We are proud to provide Alipay+ solutions for our merchants in Malaysia and Singapore and will continue collaborating with Ant Group to expand and provide the most comprehensive payments methods to all of our merchants across the region,” he explained.
For Ant Group, meanwhile, the general manager for the global merchant partnership in South and Southeast Asia said that the company believed that innovative digital moves were the right way forward.
Cherry Huang explained that the firm believes that this will lead to a change in the service sector.
“We believe that innovative digital solutions are key to accelerating the digital transformation of the service industry,” she said.
She added that Alipay+ was useful for its partners, including when it comes to linking up local merchants with international digital payment methods.
“Alipay+ helps partners including RMS to connect local merchants with global digital payment methods through one simple integration, so that to ease cross-border payments pain points and enable more merchants to adopt digital payments,” she explained.
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