, APAC
112 view s
Photo by Markus Winkler via Unsplash.

Alipay+ daily transactions up 70% in H2

Partner wallets saw daily transaction volumes increased three-fold.

Alipay+ saw daily transactions rise 70% in the last six months of 2023.

Total payment volume rose an estimated 30% during the same period compared to the first six months of 2023, the digital payments giant said in a press release.

Partner wallets saw payment volumes and daily transactions rise over three-fold during the same period, according to Alipay+. Total payment volume jumped 280% for partner digital wallets, whilst their daily transactions rose by 230%.

ALSO READ: Alipay+ now available for use in Sri Lanka

In terms of transaction volume in 2023, AlipayHK, Kakao Pay, Touch ‘n Go eWallet and GCash are amongst the top 4 most popular Alipay+ partner wallets used by cross-border travelers.

Since its launch in 2020, Alipay+ has expanded to connect over 88 million merchants in 57 markets to 1.5 billion payment accounts of over 25 digital wallets, banking apps and Buy Now Pay Later (BNPL) apps.

Follow the link for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!