Ant International expands Alipay+ bank network with Hang Seng Bank
Ant International has added Hang Seng Bank as a banking partner to its Alipay+ unified wallet gateway, marking the first such partnership in Hong Kong. The collaboration allows Hang Seng Mobile App users to make payments by scanning QR codes across over 100 million merchants in more than 55 countries and regions, including mainland China and overseas. Alipay+ now connects over 50 digital wallets and financial institutions, including traditional banks and digital-only providers. Ant International cited rising demand for outbound cross-border payments from Asia Pacific, which is projected to nearly double to $3.7 trillion by 2032. The company recently closed a $1.2 billion Series A funding round to accelerate global expansion and product development across merchant payment and financial services.
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