Alipay+ elevates seamless travel experience for overseas travellers visiting Jeju [Yahoo! Finance]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: Yahoo! Finance
The partnership aims to significantly enhance the travel experience for international visitors exploring the island destination of Jeju. Specifically, it provides convenient digital payment services and exclusive offers. This will, in turn, contribute to boosting the local economy. Through the agreement, users of 11 Alipay+ partner e-wallets including Alipay from the Chinese mainland, will receive exclusive offers of up to 50% off at ZeroPay merchants across Jeju Island. Other participating wallets include MPay (Macao SAR, China), TrueMoney (Thailand), Touch 'n Go eWallet (Malaysia), OCBC Digital (Singapore), Changi Pay (Singapore), and Hipay (Mongolia), HelloMoney and GCash (The Philippines) and Tinaba (Italy). According to the Jeju Tourism Organisation, 377,734 foreign tourists visited Jeju between January and March this year. That is up 532% from the same period last year. It is also the first time since February 2020 that the number of foreign tourists to Jeju has exceeded 10
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