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Bangkok Post
Bangkok Post
Business

Ant Group's Alipay+ to boost cashless travel in South Korea

Ant Group Alipay South Korea Hong Kong Asia
People enjoy an autumn day near the demilitarised zone separating the two Koreas in Yeoncheon, South Korea, on Thursday. (Reuters photo)

HONG KONG: Chinese financial technology giant Ant Group is ramping up cashless travel in South Korea through its Alipay+ programme, which supports a major collaboration between trusted mobile payment services providers across Asia.

The collaboration will enable "Asian tourists to pay with convenience and simplicity in Korea using their preferred home e-wallets", said Danny Chung, general manager of Ant Group Korea, Australia and New Zealand. Ant Group is an affiliate of Alibaba Group Holding, which owns the South China Morning Post.

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