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All 2.4k 7-Eleven stores in Malaysia now accept Alipay+

July 07, 2023

• Brings Alipay+ merchant coverage in Malaysia to over 80k merchant touch points
• Through it, AlipayHK, GCash, Kakao Pay &TrueMoney are accepted at 7-11 nationwide

Ant Group announced recently the expansion of Alipay+ to all 7-Eleven stores in Malaysia through Fiuu (formerly known as Razer Merchant Services). Users of four leading Asian mobile wallets, including AlipayHK (Hong Kong SAR), GCash (Philippines), Kakao Pay (South Korea) and TrueMoney (Thailand), can now be used to pay at 7-Eleven in Malaysia using their home mobile wallets.

"By expanding Alipay+ coverage to all our stores, we are providing a seamless and convenient digital payment solution for visitors from around the world," said Chan Chee Weng, Assistant General Manager In-Store Services at 7-Eleven Malaysia.

Introduced by Ant Group in 2020, Alipay+ aims to enable local businesses, especially small and medium-sized businesses, to process a wide range of mobile payment methods and reach over 1 billion regional and global consumers through one-time integration. In addition to Malaysia, Alipay+ is also widely accepted in the Chinese mainland, Macao SAR, Singapore, Thailand, Japan, and South Korea, among others.

Alipay, an Alipay+ partner mobile wallet, has been accepted by Malaysian merchants since 2016.

"With 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 and unlocking new opportunities for local businesses," said Dr Cherry Huang, general manager of Alipay+ Offline Merchant Services at Ant Group.

Fiuu (formerly known as Razer Merchant Services), the business-to-business solution of Razer Fintech, is the acquiring partner to facilitate the integration of Alipay+ in over 2,400 7-Eleven stores in Malaysia.

"Fiuu (formerly known as Razer Merchant Services) strives to facilitate the digital transformation of Malaysian businesses through our partnership with Alipay+," said Lee Li Meng, CEO of Razer Fintech.

Alipay+ is now integrated with more than 80,000 merchant touchpoints in Malaysia. These merchants comprise various retail, F&B and hospitality industries, including well-known local and international brands.

In the 2023 Budget, US$53.8 million (RM250 million) was allocated to promote the tourism sector, with expectations for a surge in tourist arrivals in the second half of 2023. Malaysia is targeting 16.1 million tourists in 2023, 60% more than last year.

Repost from: Digital News Asia.