AUB enables more local merchants to accept cross-border digital payments with Alipay+
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Asia United Bank (AUB), a universal bank in the Philippines, is enabling more local merchants to accept cross-border digital payments from Hong Kong SAR, South Korea, and Malaysia via Alipay+ and AUB PayMate.
AUB PayMate is AUB’s all-in-one digital payment acceptance product that enables all types of merchants to accept digital from their customers. With the new market expansion, travelers can now pay using their e-wallets for purchases related to tourism, retail, food and beverage (F&B), entertainment, and attractions in the Philippines.
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SSP Mactan, a leading operator of F&B outlets in travel locations worldwide, is among the first in the Philippines that used Alipay+, including in all its stores in the Mactan-Cebu International Airport (MCIA), one of the country’s busiest travel hubs. From mid-September to mid-November, tourists arriving at MCIA will enjoy a more seamless payment experience and exclusive promotions at Alipay+-enabled merchants in the airport.
“We see a resurgence of inbound personal travels this year so our partnership with Alipay will give a much-needed boost to merchants serving the tourism sector,” said Mags V. Surtida, senior vice president and cards & acquiring group head of AUB. “Expect more foreign wallets to be added under this unified QR code.”
AUB is riding on the Philippine tourism boom, expanding Alipay+ cross-border digital payments to more than 5,000 merchant stores in Manila and Cebu, which are two of the most popular travel destinations in the country.
Cherry Huang, general manager of Alipay+ Offline Merchant Services, Ant Group, said: “We are strengthening our partnership with AUB to enhance the travel experience for tourists as they return to visit. Through our local partners, we aim to help more businesses integrate Alipay+, creating a positive digital ecosystem, and driving more opportunities for partners, and merchants while making it more convenient and seamless for travelers.”
Other than the Philippines, it is also widely accepted in popular travel destinations including the Chinese mainland, Macao SAR, Malaysia, Thailand, Japan, and South Korea. Alipay+ has also recently expanded to the Singapore market, where OCBC Digital and Changi Pay have joined Alipay+’s global merchant network. Users of these e-wallets may use their own payment app wherever Alipay+ works, to enjoy smoother cashless payment alongside transparent and competitive exchange rates.
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