Touch ‘n Go Group’s TNG Digital has collaborated with Ant Group’s Alipay+ to allow the Touch ‘n Go eWallet to be accepted for payments in Mainland China.
The announcement, which was first made at the Singapore Fintech Festival 2022, makes Touch ‘n Go eWallet the first Malaysian e-wallet with such cross-border capabilities.
Apart from Mainland China, Touch ‘n Go eWallet users can also make payments wherever the Alipay+ QR code is displayed in Japan, South Korea, Singapore, United Kingdom, Italy, France, and Germany.
Alipay also launched Alipay+ D-store, its digitalisation solution for the service industry, and announced that Alipay+’s merchant coverage has more than doubled to 2.5 million in the past year.
“Touch ‘n Go eWallet is the first Malaysian eWallet which can be used for payments in Mainland China. This augurs well for all our users travelling there as they will enjoy the ease of making cashless payments, and in Ringgit Malaysia as well,”
said Alan Ni, Chief Executive Officer of TNG Digital.
“Through simple adaption, more than 2.5 million merchants around the world are able to access and better serve the growing user population of various leading digital payments providers, as digital transformation takes hold around the world,”
said Angel Zhao, President of International Business, Ant Group.