Close Menu
FintechFetch
    FintechFetch
    • Home
    • Fintech
    • Financial Technology
    • Credit Cards
    • Finance
    • Stock Market
    • More
      • Business Startups
      • Blockchain
      • Bitcoin News
      • Cryptocurrency
    FintechFetch
    Home»Financial Technology»Alipay+ Now Accepted at 400,000 Merchants in Sri Lanka
    Financial Technology

    Alipay+ Now Accepted at 400,000 Merchants in Sri Lanka

    FintechFetchBy FintechFetchMarch 26, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Free Newsletter

    Get the hottest Fintech Singapore News once a month in your Inbox

    Ant International and LankaPay have officially launched Alipay+ in Sri Lanka through LANKAQR, the country’s national QR code standard introduced by the Central Bank of Sri Lanka.

    With the rollout now live, travellers from 10 countries and regions can use 14 Alipay+ partner e-wallets to make payments at over 400,000 merchants across Sri Lanka by scanning the LANKAQR code.

    Supported wallets include Alipay (Chinese mainland), AlipayHK (Hong Kong SAR), MPay (Macao SAR), Hipay (Mongolia), GCash (Philippines), Changi Pay and OCBC Digital (Singapore), Touch ‘n Go eWallet and MyPB by Public Bank Berhad (Malaysia), Naver Pay and Toss Pay (South Korea), TrueMoney (Thailand), BigPay (Malaysia, Singapore, Thailand), and Tinaba (Italy).

    The launch in Sri Lanka builds on Alipay+’s growing presence across Asia.

    It has already partnered with national QR code systems in countries like Singapore, Malaysia, South Korea, Cambodia, and Nepal to support cross-border payment acceptance.

    The initiative is expected to support Sri Lanka’s tourism recovery, which saw a 38% rise in visitor arrivals in 2024.

    Authorities are targeting 3 million tourist arrivals and US$5 billion in revenue in 2025.

    By allowing international visitors to use familiar payment apps, the move aims to boost convenience for travellers while creating more business opportunities for local merchants.

    LANKAQR, launched in 2020, is managed by LankaPay and provides a unified digital payments platform across banks and merchants in the country.

    Ant International and LankaPay plan to expand Alipay+ acceptance and explore joint promotional efforts to increase adoption.

    Channa de Silva
    Channa de Silva

    Channa de Silva, CEO of LankaPay, said,

    “This partnership connects us with international Alipay+ partner users worldwide, enabling them to make seamless payments during their visit to Sri Lanka, similar to their experience at home. This collaboration signifies our commitment to enhance payment convenience to tourists and business travellers to Sri Lanka and attract much needed foreign exchange into the country.

    Our aim is to support the country’s booming tourism sector with seamless and secure digital payments providing a greater convenience to the travellers whilst providing a cost-efficient digital payment acceptance mechanism to local merchants.”

    Edward Yue
    Edward Yue

    Edward Yue, General Manager for Southeast Asia, Australia and New Zealand, Ant International said,

    “The national LANKAQR infrastructure by the Sri Lanka Central Bank and LankaPay lays a strong foundation for the digitalisation of local businesses and we’re proud to partner with LankaPay to enhance interoperability and connect global customers to the local payment ecosystem.

    Tourism will be a significant driving force in the global economy and based on trends we are seeing, Sri Lanka will significantly benefit, as travellers seek rich cultural, nature and unique experiences.”

     



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleHow a Night in the Jordanian Desert Taught Me a Business Lesson I’ll Never Forget
    Next Article New Payroll Tech Needed: Finity Finds a Lack of Digitisation Could Cause Talent to Seek New Jobs
    FintechFetch
    • Website

    Related Posts

    Financial Technology

    Experian Taps AWS to Accelerate Cloud Migration, Develop AI Use Cases

    June 23, 2025
    Financial Technology

    Thai SEC Seeks Public Feedback on Updates to Digital Asset Exchange Rules

    June 23, 2025
    Financial Technology

    Thailand Grants Virtual Bank Licenses to Krung Thai, AIS, SCB X, and KakaoBank Consortiums

    June 20, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Bitcoin UTXO Signal Approaches 99% Level – Bullish Signal Or Profit-Taking Setup?

    May 27, 2025

    Analyst Predicts $385 – Here’s The Case

    March 2, 2025

    FinScan Enhances Payment Screening Solution to Help Fintechs Stay Ahead of Growing Complexity

    March 10, 2025

    Binance Marks Its First Institutional Investment From MGX For $2 Billion In Stablecoins

    March 16, 2025

    £10k invested in Tesco shares one week ago is now worth…

    March 21, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    Most Popular

    Metaplanet Hits 10,000 BTC Mark Following $210M Bond-Backed Acquisition

    June 16, 2025

    £10,000 invested in Greggs shares 10 years ago is now worth…

    February 20, 2025

    OpenAI Is Building AI Software Engineers

    April 16, 2025
    Our Picks

    Experian Taps AWS to Accelerate Cloud Migration, Develop AI Use Cases

    June 23, 2025

    How ‘try before you buy’ can help you make better hiring decisions

    June 23, 2025

    4 Things That Could Rattle Bitcoin and Crypto Markets This Week

    June 23, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Fintechfetch.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.