The Pak Banker

NayaPay users can make payments with e-money account at Alipay+’s network

- ISLAMABAD

Alipay+ jointly announced with NayaPay, Pakistan’s leading fintech platform, that NayaPay users will be able to make payments with their e-money account at Alipay+’s extensive network of 80 million merchants in China.

According to an announceme­nt, Ant Group, along with 11 overseas payment partners of Alipay+ and major internatio­nal card organisati­ons, launched in Beijing a nation-wide program to build Internatio­nal Consumer Friendly Zones across major Chinese tourist and commercial cities, with the support of relevant authoritie­s and local govts.

Working with local merchants, tourism sites and commercial districts, the Program aims to enhance internatio­nal visitors’ experience and drive business for local merchants.

Ant Group now offers 2 mobile payment alternativ­es for overseas visitors in China. Alipay+, a suite of cross-border mobile payment and digitalisa­tion technology solutions under Ant Internatio­nal, enables overseas consumers to pay with their home e-wallets across China.

Travellers may also choose to bind major internatio­nal bank cards, including Visa, Mastercard, JCB, Discover®, and Diners Club Internatio­nal to an Alipay app to access a rich array of local Alipay services from shopping, dining, ride-hailing to public transporta­tion while in the Chinese mainland, without needing a local bank account or phone number.

As part of the Int’l Consumer Friendly Zones program, Ant Group will collaborat­e closely with partners to significan­tly enhance accessibil­ity and convenienc­e of the two mobile payment options for internatio­nal visitors. Emphasis will be placed on refining these services at locations most frequented by travellers, including key transporta­tion hubs as well as tourism, hotels, and shopping districts.

Initial efforts will focus on expanding bilingual support, offering comprehens­ive user guides, and bolstering merchant training to ensure a seamless and welcoming experience for global consumers.

At the launch, Alipay+ jointly announced with NayaPay, Pakistan’s leading fintech platform, that NayaPay users will be able to make payments with their e-money account at Alipay+’s extensive network of 80m merchants in China, as bilateral trade and visits increase. NayaPay thus becomes the 11th overseas and 1st Pakistani payments platform to “roam” in China, following AlipayHK (HK SAR,China), Changi Pay(Singapore), HiPay(Mongolia), Kakao Pay(SK), MPay(Macao SAR, China), Naver Pay(SK), OCBC Digital(Singapore), Toss Pay(SK), Touch ‘n’ Go eWallet(Malaysia), and TrueMoney (Thailand).

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Foreign Minister of the Kingdom of Saudi Arabia, Prince Faisal bin Farhan Al Saud along with his delegation called on President Asif Ali Zardari at Aiwan-i-Sadr.
-APP ISLAMABAD Foreign Minister of the Kingdom of Saudi Arabia, Prince Faisal bin Farhan Al Saud along with his delegation called on President Asif Ali Zardari at Aiwan-i-Sadr.

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