Alipay+ is a payment system that enables merchants, including SMEs, to better serve their customers globally. By integrating this payment system, our merchants can automatically accept all the most popular e-wallets in Asia-Pacific region: South Korea, Japan, Thailand, India, Malaysia, Indonesia, Philippines…
mobile payment transactions in 2023
Estimated market size in 2024
E-wallet users spend 2 times more
Alipay+ enables merchants to conquer the Asia-Pacific market and increase revenue by accessing a base of 2 billion mobile payment users in 10+ countries and regions including Alipay and Alipay Hong Kong users. Alipay+ offers optimized payment options based on consumer preferences.
3.3 million users
135 million users
100 million users
30 million users
1.5 million users
3 million users
39.4 million users
20.3 million users
10.1 million users
1.9 million users
7 million users
20 million users
8.7 million users
81 million users
0.57 million users
50 million users
By 2023, mobile payment had reached a 51% market share, surpassing the previous year's estimate. The trend indicates that mobile payment methods are becoming increasingly favored by consumers worldwide for their convenience and accessibility.
With this trajectory, it's likely that mobile payment will maintain its lead in the e-commerce payment landscape as projected, reaching or even exceeding the estimated 53% market share by 2025.
By 2023, the utilization rate of e-wallets in physical stores had risen to 34%, surpassing earlier projections. This accelerated growth suggests that consumers are increasingly embracing the convenience of digital wallet solutions for in-store transactions.
The estimated utilization rate of 39% by 2025 for e-wallets in physical stores could be surpassed, as consumer preferences continue to evolve towards digital payment solutions.
All over the world, your Asian customers can buy your products and services without leaving their countries. Cross-border online transactions have become easier than ever. Advantageous exchange rates, platforms that allow you to reach your international customers, marketing services that increase your visibility in Asia and payment methods to integrate easily to allow them to pay without restrictions.
Your customers no longer need to wait in the long queues. Reduce checkout wait times by at least 30% by displaying the Alipay+ logo and QR code on your checkout. Payment via Alipay+ in store is made through a simple scan.
Either the customer scans the merchant's QR code, or the merchant scans the customer's QR code. Once the transaction is accepted the customer and the merchant receive the confirmation.
Lucky draws, Flash offers, Invite & Win, Payment Rewards, coupons and promotions etc. Alipay+ marketing services help merchants complete their first transactions and acquire new customers. Promote your products and services to Asian customers and quadruple your sales.
A single solution to accept all types of mobile payment.
Easy integration designed for all channels and device types.
A smart payment solution designed to improve conversion.
Alipay+ is a payment system launched by Alipay in 2022 to connect merchants and consumers worldwide. Alipay+ offers a payment solution as well as marketing services to merchants globally. As Alipay's partner in Europe, Silkpay allows its merchants to integrate Alipay+. Through this system, Merchants can accept the major e-wallets in Asia-Pacific through 1 solution.
These are some of the e-wallets you can accept in your store via Alipay Plus:
- Alipay HK: Can be used in almost every shop in Hong Kong, offering convenient payment solutions to customers and businesses.
- Billease: An e-wallet platform specializing in bill payments and installment plans, providing flexibility for users' financial needs in the Philippines.
- Boost: An e-wallet designed to enhance digital transactions for users such as bill payments, top-ups, and more in Malaysia.
- BPI: An app supported by the Bank of the Philippine Islands, providing users with secure mobile payment options.
- Dana: An e-wallet facilitating a variety of transactions, enhancing mobile payment accessibility and security in Indonesia.
- DOKU: A payment gateway that provides users in Indonesia with secure and versatile online and offline payment methods.
- Ezlink: A Singapore-based contactless payment system used for public transit, retail purchases, and other fees.
- GCash: An e-wallet providing a wide range of financial services from payments to savings for millions of Filipinos.
- GrabPay: Offers users across Southeast Asia seamless payment solutions along with ride-hailing and food delivery services.
- Kakao Pay: An e-wallet service by Kakao in South Korea, providing easy payment options integrated with social and messaging functions.
- Naver Pay: An e-wallet integrated within the Naver ecosystem in South Korea, simplifying transactions for users across its platform.
- LINE Pay: A part of Japan’s popular messaging app LINE, offering convenient and secure payment solutions.
- MPay: A mobile payment solution providing users in Malaysia with convenient transactions and various financial services.
- TouchnGO: A digital wallet that offers a broad spectrum of services from toll payments to retail purchases in Malaysia.
- Toss Pay: A financial platform offering user-friendly payment solutions alongside extensive financial services in South Korea.
- True Money: An e-wallet service offering services including bill payments, money transfers, and mobile top-ups in Thailand.
Through Alipay+, merchants can promote their stores, products and services by launching promotion events, distributing coupons etc. Through these marketing services, Silkpay will help your store to make the first transaction and ecventually make more sales.
Yes. Many other e-wallets will be available in the future through this package including European e-wallets. If you are interested in specific e-wallets, please contact our team.
