GCash

Alipay+ Enables Digital Payment of 14 Overseas E-wallets from 9 Countries and Regions in Hong Kong to Support City’s Global Travel Drive

Retrieved on: 
Friday, April 26, 2024

Similar to Alipay (Chinese mainland), these newly enabled wallets are now accepted at over 90% of the local outlets in Hong Kong.

Key Points: 
  • Similar to Alipay (Chinese mainland), these newly enabled wallets are now accepted at over 90% of the local outlets in Hong Kong.
  • This represents the largest number of international payment apps introduced to the city’s offline commercial network through cross-border cooperation at a single time.
  • Since 2023, Hong Kong has seen a continued growth of inbound travelers following the launch of global campaigns by the Hong Kong Tourism Board (HKTB) to welcome visitors from all around the world.
  • As the city's tourism promotion organization, the Hong Kong Tourism Board attracts visitors to Hong Kong through various global promotions and marketing initiatives.

Alipay+ Launches Football Carnival Across Asia in Global Campaign for UEFA EURO 2024™

Retrieved on: 
Friday, April 26, 2024

Alipay+, the cross-border mobile payment and digitalization technology solutions under Ant International, is launching an offline football carnival across Asia as part of Ant International’s global campaign for UEFA EURO 2024.

Key Points: 
  • Alipay+, the cross-border mobile payment and digitalization technology solutions under Ant International, is launching an offline football carnival across Asia as part of Ant International’s global campaign for UEFA EURO 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240425248359/en/
    A pop-up booth in Bangkok's Centralworld shopping mall to engage football fans.
  • Alipay+ is launching an offline football carnival across Asia as part of Ant International’s global campaign for UEFA EURO 2024.
  • Alipay+ has also launched an in-app UEFA EURO 2024 fan zone exclusively for users of AlipayHK, Touch ‘n Go eWallet, TrueMoney, GCash and DANA.

Pomelo Announces $35M Series A, Additional $75M Warehouse, Expanding Its Credit-Building Remittance Product

Retrieved on: 
Monday, April 22, 2024

This accolade recognizes Pomelo for advancing a $650b global remittance industry by empowering customers to build credit with their remittance funds and obligations for the first time.

Key Points: 
  • This accolade recognizes Pomelo for advancing a $650b global remittance industry by empowering customers to build credit with their remittance funds and obligations for the first time.
  • "Pomelo stands out through a fundamentally different approach to remittance transfer by using credit as its foundation," said Rabois.
  • Pomelo launched in 2022 with the Philippines as its first corridor and has since added new payment options that enhance the product experience for its customers.
  • "Stories like Danette's show that there's a human story behind every transfer," said Eric Velasquez Frenkiel, founder and CEO of Pomelo.

MPay Of Macau Pass Rose Over 200% In Transaction Value And Volume In Japan's Cross-Border Payments In 2024 Q1

Retrieved on: 
Wednesday, April 10, 2024

Japan is one of the first countries where MPay has launched cross-border payment services through Alipay+ and is also one of the favorite travel destinations for residents of Macao.

Key Points: 
  • Japan is one of the first countries where MPay has launched cross-border payment services through Alipay+ and is also one of the favorite travel destinations for residents of Macao.
  • Currently, people from Macao can use MPay to make purchases at cooperating stores in Japan, settle in MOP, and enjoy preferential exchange rates.
  • According to statistics, in the first quarter of 2024, MPay's transaction volume and number of transactions in Japan increased by over 200% respectively compared to the fourth quarter of 2023.
  • By working with these partners, Alipay+ provides global tourists with the same seamless digital payment experience they enjoy in their own markets.

Macau Pass, Along With Twelve Asia-Pacific Fintech Companies, Joins the Sirius initiative, Aiming to Support the Sustainable Development of SMEs.

Retrieved on: 
Wednesday, April 10, 2024

Macau Pass, Along With Twelve Asia-Pacific Fintech Companies, Joins the Sirius initiative, Aiming to Support the Sustainable Development of SMEs.

Key Points: 
  • Macau Pass, Along With Twelve Asia-Pacific Fintech Companies, Joins the Sirius initiative, Aiming to Support the Sustainable Development of SMEs.
  • • 13 mobile payment tools and digital platforms, including MPay, pledge to promote local small and micro enterprises (SMEs) to participate in sustainable development programs.
  • Programme SIRIUS is an open and collaborative industry initiative that aims to support MSMEs operating on digital platforms in their journey towards sustainability.
  • With our experience in innovation-led sustainability and SME programs, Ant International is honored to create more sustainable opportunities for SMEs."

Alipay+ Connects 2 Million Merchants in Japan as Global Tourists Travel to the Country for Cherry Blossom Season

Retrieved on: 
Thursday, March 28, 2024

Powered by Alipay+, transaction volume made by e-wallets and bank apps in Japan jumped over 200% in the first three weeks of March, compared with the same period in 2023.

Key Points: 
  • Powered by Alipay+, transaction volume made by e-wallets and bank apps in Japan jumped over 200% in the first three weeks of March, compared with the same period in 2023.
  • “By working with these partners, Alipay+ provides global tourists with a seamless digital payment experience that is the same as in their own markets.
  • PayPay, a leading cashless payment service and partner of Alipay+ in Japan, supports the merchants, facilitating seamless transactions for both locals and tourists alike.
  • Our partnership with Alipay+ has seen transactions surge sixfold this year, specifically in Japan, a true testament to our dedication to innovative payment solutions.

13 APAC Mobile Wallet and Digital Bank Leaders Sign up for New MSME Initiative to Accelerate Inclusion and Sustainability Efforts

Retrieved on: 
Tuesday, March 26, 2024

International Finance Corporation (IFC), a member of the World Bank Group, will collaborate with Ant International to develop and promote a set of Digital Sustainability Impact Management Toolkits in the next two years.

Key Points: 
  • International Finance Corporation (IFC), a member of the World Bank Group, will collaborate with Ant International to develop and promote a set of Digital Sustainability Impact Management Toolkits in the next two years.
  • Corporates and businesses today face increasing reporting requirements from regulators, financial institutions, and supply chain partners to disclose and track their sustainability performances.
  • “We always talk about financial and digital inclusion, but sustainability inclusion for MSMEs is becoming one of the most pressing challenges,” said Leiming Chen, Chief Sustainability Officer, Ant International.
  • With this, GCash has become their bridge to digital by providing essential tools – transforming the way they do business.

Ant International Kicks Off Global Campaign for UEFA EURO 2024

Retrieved on: 
Thursday, March 14, 2024

As an Official Partner of the UEFA EURO 2024, the 17th edition of the international football championship organized by Union of European Football Associations (UEFA), Ant International kicks off a global campaign across its businesses – Alipay+, Antom and WorldFirst – to engage and celebrate with fans globally in the lead up to one of the biggest sporting events of the year.

Key Points: 
  • As an Official Partner of the UEFA EURO 2024, the 17th edition of the international football championship organized by Union of European Football Associations (UEFA), Ant International kicks off a global campaign across its businesses – Alipay+, Antom and WorldFirst – to engage and celebrate with fans globally in the lead up to one of the biggest sporting events of the year.
  • “Nothing brings people closer together than travel, trade, and a legendary sport like football,” said Douglas Feagin, President of Ant International.
  • “For European businesses, global enthusiasm over UEFA EURO 2024 brings not only international tourism revenue, but also the opportunity to grow their customer base.
  • Alipay+ has launched an in-app UEFA EURO 2024 fan zone exclusively for users of AlipayHK, Touch ‘n Go eWallet, TrueMoney, GCash and DANA.

AGTech Announces Second Interim Results Ended December 31, 2023, Revenue Increases 69% Year-on-Year

Retrieved on: 
Wednesday, March 13, 2024

AGTech Announces Second Interim Results Ended December 31, 2023, Revenue Increases 69% Year-on-Year

Key Points: 
  • AGTech Announces Second Interim Results Ended December 31, 2023, Revenue Increases 69% Year-on-Year
    (Hong Kong, February 23, 2024) – AGTech Holdings Limited (“AGTech” or the “Group”, HKEX stock code: 8279) today announced its second interim results for the twelve months ended December 31, 2023.
  • • EBITDA of the Group for the 12-Month Period was approximately HK$39.5 million (Twelve months ended December 31, 2022: Negative EBITDA of approximately HK$37.7 million).
  • The profit for the 12-Month Period was approximately HK$29 million (12 months ended December 31, 2022: loss of approximately HK$131 million).
  • The change from operating loss to profit was mainly due to: (1) the increase in total revenue; (2) the increase in net finance income.

VCI Global Gains Access To US$750 Million Remittance Market With Acquisition Of EVOLET

Retrieved on: 
Thursday, December 14, 2023

KUALA LUMPUR, Malaysia, Dec. 14, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) announced that its financial technology arm, Accuventures Sdn Bhd will be acquiring EVOLET.

Key Points: 
  • KUALA LUMPUR, Malaysia, Dec. 14, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) announced that its financial technology arm, Accuventures Sdn Bhd will be acquiring EVOLET.
  • The acquisition will provide VCI Global direct access to the local remittance market.
  • EVOLET is a home-grown digital platform that provides secured financial access and services for the unbanked, amongst others.
  • “Post acquisition, we will be able to integrate Credilab which is our AI powered micro financing platform, with EVOLET.