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Marketing In Asia > Blog > Business > News > Ant Group Extends Alipay+ Coverage to All 7-Eleven Stores in Malaysia 
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Ant Group Extends Alipay+ Coverage to All 7-Eleven Stores in Malaysia 

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Last updated: 2023/06/28 at 11:23 PM
Eshita
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Alipay+, a suite of cross-border digital payment and marketing solutions operated by Ant Group, today announced an extensive expansion of its services to all 7-Eleven stores across Malaysia. This expansion, facilitated by Razer Merchant Services, allows users of leading Asian mobile wallets, including AlipayHK, GCash, Kakao Pay, and TrueMoney, to make payments seamlessly in 7-Eleven using their preferred mobile wallets. 

Alipay, another Alipay+ partner mobile wallet, has been accepted by Malaysian merchants since 2016. Chan Chee Weng, Assistant General Manager In-Store Services, 7-Eleven Malaysia, expressed his excitement, stating, “By expanding Alipay+ coverage to all our stores, we are providing a seamless and convenient digital payment solution for visitors from around the world. As a key use case for tourism, our stores serve as a one-stop destination for travellers, offering a wide range of products, snacks, and essentials. We understand the importance of a seamless, digital in-store experience, and through this expansion, we aim to make every visit to 7-Eleven Malaysia a delightful and hassle-free experience for both local customers and international tourist” 

Comprehensive Product Range Awaits Travellers at 7-Eleven 

7-Eleven Malaysia has an extensive network of stores nationwide, offering a wide range of products and essentials for travellers. This includes daily necessities, ready-to-eat meals, travel-sized toiletries, phone chargers, and travel adapters, ensuring a comprehensive one-stop solution for travellers. 

Razer Merchant Services Partners With Alipay+ and 7-Eleven 

Razer Merchant Services, the business-to-business solution of Razer Fintech, is the strategic partner facilitating the integration of Alipay+ across over 2,400 7-Eleven outlets in Malaysia. Lee Li Meng, CEO of Razer Fintech, commented, “Our collaboration deepens the close relationship with 7-Eleven and empowers 7-Eleven to tap into the vast opportunities of the digital economy by offering convenient payment for locals and tourists, enhancing the overall experience and driving growth.” 

Expansion of Alipay+ in Malaysia Set to Boost Tourism 

With this recent advancement, Alipay+ is now integrated into more than 80,000 merchant touchpoints in Malaysia. These include major travel destinations such as Klang Valley, Johor Bahru, and Penang. The enhanced acceptance of Alipay+ is expected to enrich the digital travel experience for Asian tourists as Malaysia prepares to welcome more visitors. The Malaysian government has allocated RM250 million in its 2023 Budget to boost the tourism sector, expecting a significant surge in tourist arrivals in the latter half of 2023. 

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Dr. Cherry Huang, General Manager of Alipay+ Offline Merchant Services at Ant Group, stated with the growing coverage of Alipay+ in Malaysia, we’re connecting more Asian travellers to local merchants, helping to position Malaysia as a travel destination of choice.

Introduced by Ant Group in 2020, Alipay+ is now accepted in various destinations, including mainland China, Macao SAR, Singapore, Thailand, Japan, and South Korea. The service aims to help local businesses, particularly small and medium-sized enterprises, reach over 1 billion regional and global consumers through seamless integration and technical adaptation. 

Legal Disclaimer: The Editor provides this news content "as is," without any warranty of any kind. We disclaim all responsibility and liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. For any complaints or copyright concerns regarding this article, please contact the author mentioned above.

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TAGGED: 7-Eleven Malaysia, Alipay+, AlipayHK, Ant Group, Cross-border Payment, digital payment, digital transformation, GCash, Kakao Pay, Malaysian Tourism, Razer Merchant Services, TrueMoney

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    Eshita Chaurasia June 28, 2023 June 28, 2023
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    By Eshita Chaurasia
    With a Post Graduate degree from NIFT and 9 years of experience, I am a skilled professional in Fashion Marketing, Brand Management, and Fashion/Retail Merchandising.
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