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2 clusters · 4 sources · 5 days · First seen · Last updated

Expansion of cross-border digital QR payments

Overview

Developments in digital payment infrastructure have focused on expanding cross-border QR code interoperability through partnerships involving Ant International’s Alipay+.

In the Philippines, Philippine Payments Management, Inc. (PPMI) and Alipay+ enabled the use of international e-wallets and banking apps via the QR Ph network, allowing local merchants to accept these payments without new infrastructure.

Expanding on this interoperability, TerraPay and Alipay+ announced a strategic partnership to facilitate cross-border QR payments using TerraPay’s Xend network. This collaboration aims to enhance global payment capabilities across Latin America, the Middle East, and Africa. The initial rollout connects 15 African digital wallets to the Alipay+ ecosystem, allowing users to scan QR codes at over 150 million merchants worldwide using their domestic wallets.

Entities

Alipay+ · Xend · Ant International · TerraPay · Philippine Payments Management, Inc.

Timeline

  1. 3 days ago

    [BUSINESS] 2 sources
    TerraPay and Alipay+ partner for cross-border QR payments

    TerraPay and Alipay+ have partnered to enable cross-border QR payments via the Xend interoperability network, allowing digital wallet users in Africa, Latin America, and the Middle East to pay at globalmerchans

  2. 8 days ago

    [BUSINESS] 2 sources
    Digital payment advancements in Philippines and Brazil

    QR Ph has integrated with Alipay+ to facilitate cross-border payments in the Philippines, while Brazil's PicPay has launched an Anthropic Claude integration for AI-powered financial inquiries.

Sources

fxnewsgroup.com · news.cube-soft.jp · pymnts.com · wazzup.ph