The world's largest online and mobile payment platform, Alipay, is now available for Chinese tourists visiting Malaysia. The platform, operated by Ant Financial Services Group, is accessible in 242 locations and can help Chinese users find their nearest location using the in-app Discovery platform.
Via Alipay, consumers can also pay for products through the app starting Aug. 18. Customers just have to flash their mobile app at the counter.
“Starbucks is one of the most visited merchants by Chinese tourists in many countries. Through Alipay’s Discovery platform, we are leading our users to the nearest Starbucks wherever they are in Malaysia. Getting a cup of familiar coffee with a familiar payment method at a random street corner in Malaysia will make one’s journey as relaxed as at home,” said Dayong Zhang, general manager of Alipay Southeast Asia.
Mainland China is the third largest international visitor market to Malaysia. More than 2.12 million Chinese tourists visited in 2016, and in the first quarter of 2017 the country has seen an 8.3% year-over-year increase in Chinese visitors.
Alipay started working with merchants in Malaysia just this past April. Still, in four short months, the platform is now available in more than 5,000 retailers, including 2,100 7-Eleven stores. Other areas of retail include supermarkets, department stores, convenience stores, restaurants and bars.
Alipay, which was launched in 2004, now has more than 520 million active users and more than 450 financial institution partners. Although it launched as a digital wallet, Alipay can now be used to hail a taxi, book a hotel, pay bills, make a doctor's appointment or buy movie tickets.
Alipay's in-store payment service is now available in 24 countries, supports 19 currencies, and aims to make it easier for Chinese travelers over seas to purchase products from Chinese e-commerce sites.