View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
  2. Company news
December 3, 2014

Alipay extends transit card service to Singapore, Thailand and Macau

Alipay, a China-based online payments provider, has launched its transit card service, named Alipay Overseas Transportation Card, in Singapore, Thailand and Macau to step up its expansion in the overseas travel sector.

By Verdict Staff

Alipay, a China-based online payments provider, has launched its travel card service, named Alipay Overseas Transportation Card, in Singapore, Thailand and Macau to step up its expansion in the overseas travel sector.

The service will allow Chinese travelers, who account for a collective spending of $128.6bn abroad, to purchase public transportation passes in the three Asian destinations in yuan through Alipay’s mobile application, Alipay Wallet.

The transit card service will enable travelers to collect the transport passes at designated booths at the airport by scanning a barcode on their mobile phone with the option of getting the unused credit refunded back on their Alipay accounts when they return the physical cards.

Alipay will roll out the service for Chinese visitors to South Korea in the near future.

Sabrina Peng, head of Alipay International, said: "With nearly 100 million outbound Chinese tourists, Alipay is excited to be working with our partners to offer this new transportation card service to travelers.

"The convenience of our users is of paramount importance to us, and we hope to be a useful travel partner to them as they explore the world."

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Electronic Payments International