AUB eWallet HelloMoney launches in South Korea, Malaysia, HK


By Gloria Mathias

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HelloMoney, Fintech News, Payments, Alipay+, Payments Technology, South Korea, Malaysia, singapore, Hong Kong, eWallet Payments, HelloMoney, APAC Fintech, Fintech news, Asia United Bank (AUB) has announced a partnership with Alipay+ to enable a scan-to-pay feature for cross-border payments with AUB’s eWallet HelloMoney.

After becoming the premier Philippine bank to offer an eWallet that can be used for cross-border payments, Asia United Bank (AUB) aims to expand the coverage of its HelloMoney abroad.

Through AUB’s partnership with Alipay+, a suite of cross-border payments, marketing, and digitalization solutions operated by Ant International, HelloMoney users can now make eWallet payments in South Korea, Malaysia, and Hong Kong SAR by simply scanning the QR code displayed in merchant stores in these countries. This makes cross-border payments using HelloMoney possible in four countries and regions, including Japan.

In South Korea, HelloMoney users can scan the ZeroPay QR, the country’s public QR-code-based digital payment service available in over 1.7 million merchants nationwide. The country has been making its digital payment services more seamless for Asian tourists visiting South Korea by connecting local merchants with various mobile payment methods foreign tourists use.

In Malaysia, HelloMoney users can scan DuitNow QR, the country’s national QR standard operated by PayNet, which is available to 1.8 million merchants in Malaysia. This allows merchants to accept real-time payments from customers using various banks and eWallets.

“We will continue to bring HelloMoney closer to more users to make mobile banking easier and for more merchants to help their businesses grow and thrive in the post-pandemic world. With Alipay+’s global presence through its integration with local merchants worldwide, our HelloMoney users will have a wider reach in payment acceptance while ensuring a safe and secure digital transaction,” said Wilfredo Rodriguez Jr., AUB executive vice president and head of Operations & Information Technology.

“With Alipay+’s global presence through its integration with local merchants worldwide, our HelloMoney users will have a wider reach in payment acceptance while ensuring a safe and secure digital transaction,” added Rodriguez.

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This article was originally published by a ibsintelligence.com . Read the Original article here. .