Douglas Feagin, President of Ant International, highlighted Alipay+'s growing footprint in Japan, covering 2 million merchants and accounting for 10% of inbound tourist spending.
Alipay+ is focused on enhancing its coverage in Asia and plans to expand into Europe and the U.S. in the future. The transaction volume of Alipay+'s partner e-payment tools in Japan doubled year-on-year in the first three weeks of last month.
Currently spann...

Mastercard is strengthening its position in cross-border remittances through a new partnership with Alipay, the mobile payments giant backed by Ant Group.
Under the agreement, consumers can send and receive money in their digital wallets "in near real-time", catering to over a billion users in China, according to a statement.
China, being one of the largest recipients of international remittances globally, presents significant opport...