2025 Sees Double-digit Increase in Tourists' Spending via Alipay+ in South Korea as Travellers Seek More Local Experiences [Yahoo! Finance Canada]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: Yahoo! Finance Canada
South Korea is among the top destinations for tourists from regions such as Southeast Asia and the Chinese mainland, with the greatest number of tourists making transactions supported by Alipay+ in cities like Seoul, Jeju Island and Busan. In 2025, Alipay+ transactions for beauty clinic treatments, transportation and F&B were among the fastest-growing categories for tourists. Apart from Chinese mainland tourists, the biggest spenders by the total number of Alipay+-supported transactions in South Korea were tourists from Hong Kong, Malaysia, Japan, Macao and the Philippines, growing rapidly in terms of both transactions and total payment volume. As of November 2025, Alipay+ has connected 21 international digital wallets and bank apps to over 2 million merchants in South Korea, enabling tourists to pay with the apps they use at home. In September, Alipay+ brought Japan's leading cashless payment service PayPay to the country, allowing Japanese travellers to make payments easily at
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