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Alipay+ Empowers New Growth Opportunities for Malaysian SMEs, Contributing More Than 80% of Inbound QR Payments via DuitNow

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SINGAPORE--(BUSINESS WIRE)--Mar 17, 2025-

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The Daily News

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Alipay+ Empowers New Growth Opportunities for Malaysian SMEs, Contributing More Than 80% of Inbound QR Payments via DuitNow

SINGAPORE--(BUSINESS WIRE)--Mar 17, 2025-

17 days ago

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Tech Wire Asia

Malaysia: 80% of tourists' DuitNow QR payments come via Alipay+

Tourism boom helped by familiar payment methods. Accepting payment vi QR code popular with Malaysian retailers. Huge growth in spend from tourists in the country. The continuing partnership between Payments Network Malaysia (PayNet) and Ant International (owner of Alipay+) has helped Malaysian SMEs during the first year of its existence, according to statements by the two companies. In October 2023, the nascent partnership between PayNet and Ant…

8 days ago·Kuala Lumpur, Malaysia

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SoyaCincau.com

Alipay+ enables over 80% of inbound DuitNow QR transactions

Malaysian businesses are experiencing a significant rise in QR payments among travellers thanks to cross-border QR payment arrangements enabled via DuitNow QR. Since Payments Network Malaysia Sdn Bhd (PayNet) and Ant International signed a cross-border payment acceptance agreement, travellers visiting Malaysia are able to enjoy a seamless payment experience as they can scan DuitNow QR codes using their home eWallets via the Alipay+ network. Mark…

9 days ago

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Fintech News Malaysia

Alipay+ Powers 80% of DuitNow QR's Cross Border Payments in Malaysia

A collaboration between Payments Network Malaysia (PayNet) and Ant International has significantly boosted opportunities for Malaysian SMEs. Alipay+ now accounts for over 80% of cross-border QR payments via DuitNow. Malaysian merchants experienced a six-fold increase in revenue in December 2024 compared to the previous year. This demonstrates the high effectiveness of the partnership, especially during peak travel seasons. In October 2023, Alipa…

17 days ago

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TechNode Global

MATRADE partners Nazsoft Tech to launch MADANI Digital Trade to boost Malaysian exports

The Malaysia External Trade Development Corporation (MATRADE), in partnership with software developer Nazsoft Tech Sdn Bhd, and with the support of the Royal Malaysia Customs Department (RMCD), have launched MADANI Digital Trade (MDT), an integrated virtual showcase designed to strengthen Malaysian exporters’ access to global markets. MATRADA said in a statement on last Thursday that MDT offers business matching functions, an e-marketplace, mark…

17 days ago

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