![]() ![]() Combining Touch ‘n Go’s strong domestic brand, dominance in toll, transit and parking use cases and nationwide user base, together with Ant’s deep domain expertise and leading the development of open platforms for technology driven inclusive financial services, Touch ‘n Go eWallet provides financial services and payments services to both retail users and small to mid-sized businesses, across physical and online infrastructure. Established in 2017, TNG Digital is the owner and operator of Touch ‘n Go eWallet with more than 19 million users and over 1.2 million merchant touch points including DuitNow QR. TNG Digital Sdn Bhd (“TNG Digital”) was founded by Touch ‘n Go Sdn Bhd and Ant Group (“Ant”), parent company of Alipay, China’s largest digital payments platform. GCash was recognized by The Asian Banker (TAB) and by the IDC in 2021 for its outstanding digital financial inclusion programs. GCash is a wholly-owned subsidiary of Mynt (Globe Fintech Innovations, Inc.), the first and only duacorn in the Philippines. Through the GCash App, 79M registered users can easily purchase prepaid airtime pay bills at over 1,600 partner billers nationwide send and receive money anywhere in the Philippines, even to other bank accounts purchase from over 5.2M partner merchants and social sellers and get access to savings, credit, loans, insurance and invest money, and so much more, all at the convenience of their smartphones. GCash (G-Xchange, Inc.) is the #1 Finance App in the Philippines. ![]() Alipay+ is developed by Ant Group, the owner and operator of Alipay, one of the world’s leading digital open platforms. Consumers can conveniently use their preferred local payment methods while transacting seamlessly in a different market and be able to enjoy marketing offers by the merchants through Alipay+. About Alipay+ and the three Southeast Asian electronic walletsĪlipay+ offers unified global mobile payment and marketing solutions that connect merchants with multiple e-wallets and payment methods from different countries and regions by collaborating with global partners. The issuer is solely responsible for the content of this announcement. Sun said that as one of the leading mobile payments in Macau, Macau Pass’ MPay e-Wallet will continue to explore strategic cooperation with Alibaba Group and Ant Group to further expand e-commerce and digital media entertainment, develop and create a more diversified business scene, and explore commercialization opportunities in Macau’s e-payment ecosystem. With the gradual return of overseas tourists, especially those from Southeast Asia, Macau Pass believes that it can help Macau businesses to provide more convenient multi-scene services for overseas tourists and contribute to Macau’s economic recovery and growth. At the same time, more enterprises are invited to join Alipay+ to attract more tourists and jointly promote business efficiency. Through the cooperation with Alipay+, the innovative one-stop payment solution will accelerate the digital transformation of local merchants in Macau, create an connected international digital payments ecosystem for Macau, solve the problem of cross-border payment for international tourists, and help enterprises find new marketing growth opportunities.Īt present, Galaxy Macau™, MGM, Sands Resorts Macao, SJM Resorts, S.A., Wynn Macau, Limited, Macau Fisherman’s Wharf, Future Bright Group, Hotel Lisboa Macau, Lisboeta Macau, New Yaohan and TurboJET and other well-known enterprises in Macau are actively engaged in the launching of these three international e-wallets. GCash, Touch ‘n Go eWallet and TrueMoney, which come from the Philippines, Malaysia and Thailand respectively, have profound experiences in Southeast Asia and a significant user base in their markets. “Comprehensive and innovative digital solutions is the key to accelerate the digital transformation of Macau’s service industry,” said Mr. With the gradual recovery of the global economy, direct interaction with the growing number of consumers using Alipay+ partner e-wallets is positive for businesses in Macau to seek new business opportunities. In 2020, Ant Group launched Alipay+, a suite of global cross-border digital payments and marketing solution, which enables businesses to accept its partner payment methods through a one-time integration.
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