Alipay Plus: Convenient and Fast Cross-Border Payments

Today, payment methods for goods and services have made significant progress. In many countries, including Thailand, more businesses and merchants are adopting Alipay Plus, making it easier for international travelers to pay using their own e-wallets, regardless of their location. If you're unfamiliar with Alipay Plus and want to explore its features, continue reading. 

How is Alipay Plus Different from Alipay?
Alipay Plus, often recognised by the Alipay+ symbol in stores, is a system designed to facilitate payments through various e-wallets across multiple countries. This enables businesses and merchants to conveniently accept payments from tourists worldwide. Alipay Plus connects e-wallets from different countries, allowing users to make payments using their local e-wallet apps, even when abroad, simply by scanning the Alipay+ QR code.

Identifying the Differences Between Alipay and Alipay Plus

•    Alipay - An online wallet app under the Alibaba Group in China. It allows users to top up their balance or connect a credit card to perform online transactions, such as paying in-store, shopping online, booking flights, and more. It is extremely popular in China. 
•   Alipay Plus - Alipay+ is a platform that connects various e-wallets from different countries, enabling payments and other financial transactions. It is an enhanced version of Alipay, offering additional functions for more efficient financial transactions.

Why is Paying with Alipay Plus More Convenient?

·    Alipay Plus connects to e-wallet applications from over 10 countries (with more to be added in the future). This allows e-wallet users from those countries to make payments anywhere with the Alipay+ symbol displayed. 

·    Merchants using the Alipay Plus payment system can easily accept payments from tourists simply by displaying the Alipay Plus QR code, ensuring faster and more convenient transactions.

In Which Countries Is Alipay Plus Available?  
 

The transition from Alipay to Alipay Plus enables not only Chinese customers but also customers from various other countries to use their local e-wallet apps to make payments in stores across Thailand. Merchants simply need to display the Alipay+ QR code, and customers can pay with their local e-wallet. As a result, foreign customers can make payments easily, and Thai merchants can increase their revenue from international customers. Currently, the different international digital wallets that are able to scan the Alipay+ QR code include: 

·    Alipay (China) 

·    Alipay HK (Hong Kong) 

·    MPay (Macau)

·    HiPay (Mongolia)

·    Touch’n Go and Public Bank Wallet (Malaysia) 

·    Kakao Pay, Naver Pay, and TossPay (South Korea)

·    Changi Pay and OCBC (Singapore)

·    GCash (Philippines)

·    BMRI-Mandiri (Indonesia)

·    Tinaba Wallet (Italy)

What are the Advantages of Accepting Payments via Alipay Plus for Thai Merchants? 

·    Increase Sales: Greater potential to reach customers, especially foreign tourists. 

·    Convenience: Provides customers with a quick and easy payment method for goods and services.

·    Security: Reduces the risk associated with handling large amounts of cash, as merchants do not need to store large sums in-store, minimising the risk of theft.

·    Traceability: All customer payments are recorded in the system, allowing merchants to instantly keep track of transactions.

·    Reputation: Accepting Alipay Plus portrays a positive image of the business as modern, trustworthy, and globally oriented, as Alipay Plus supports payments from e-wallets across various countries. 

Thailand is undeniably a leading tourist destination. Simply offering products or services to foreign customers may not be enough; providing easy and convenient payment options is another way to boost business growth and increase sales. You can now register for Alipay and Alipay Plus payment systems with us. Let us help your business grow and thrive with our world-class services as a leading payment service provider in the region.

For more information about our payment services, contact us at 0-2440-0111 or click https://th.nttdatapay.com/contact.