Alipay+ elevates seamless travel experience for overseas travelers visiting Jeju under partnership with Korea Easy Payment Foundation and Jeju Tourism Organization

Seoul, April 29, 2024 — Alipay+, a global cross-border mobile payment and digitalization technology platform operated by Ant International, today announced it signed a business agreement with the Korea Easy Payment Foundation (KEPF) and Jeju Tourism Organization (JTO). The partnership aims to significantly enhance the travel experience for international visitors exploring the iconic island destination of Jeju by providing convenient digital payment services and exclusive offers, and thus contribute to boosting the local economy.

Through the agreement, users of 11 Alipay+ partner e-wallets including Alipay from the Chinese mainland, AlipayHK (Hong Kong SAR, China), 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) will able to enjoy exclusive offers of up to 50% off at ZeroPay merchants across Jeju Island by simply scanning the ZeroPay QR code at the merchant’s counter with their home e-wallet apps.

According to the Jeju Tourism Organization, 377,734 foreign tourists visited Jeju between January and March this year, up 532.5 percent from 58,609 during the same period last year. It is also the first time since February 2020 that the number of foreign tourists to Jeju has exceeded 100,000 per month for three consecutive months. About 80 percent of international travelers to Jeju came from China, followed by those from Taiwan, Singapore, and Japan.

“We are pleased to collaborate with KEPF and JTO to provide Alipay+ partner e-wallet users a seamless and rewarding digital payment experience during their travels to the beautiful island of Jeju,” said Hyung Kwon (Danny) Chung, General Manager of Alipay+ Korea, Europe, Middle East and Mongolia at Ant International. “As the number of overseas travelers visiting Jeju is clearly on the rise, we hope this partnership contributes to a recovery in inbound tourism to Jeju and revitalize local businesses.”

He added, “Alipay+ will continue to support the Jeju government’s efforts to attract international tourists visiting Jeju and enhance the overall travel experience, offering the most convenient digital payment services as well as great offers.”

“This agreement is geared towards boosting the spending of foreign tourists by promoting QR code-based transactions, thereby fostering economic growth in the local community. Together, we will actively promote Jeju as a premier global tourism destination,” stated Koh Seung-cheol, CEO of Jeju Tourism Office.

“We are pleased to enhance the payment experience for international tourists visiting Jeju Island through this tripartite business agreement. We aim to further expand our collaboration with domestic payment companies to develop a seamless payment infrastructure, integrating both domestic and international services,” stated Choi Tong-joo, CEO of Korea Easy Payment Foundation.

Since April 1, the Olle and Dongmun traditional markets in Jeju, which have ZeroPay merchants, have offered up to 50% off through the Alipay+ solution. During the promotion period, the number and volume of transactions using Alipay and other Alipay+ partner e-wallets at the markets has risen 403% and 509%, respectively, compared to the same period last month.

About Alipay+

Alipay+ is a suite of cross-border mobile payment and digitalization technology solutions that help connect global merchants to consumers. Consumers enjoy seamless payment and a broad choice of deals using their preferred payment methods while travelling abroad. Small and medium-sized businesses may use Alipay+ digital tools to enhance efficiency and achieve omni-channel growth.

About Ant International

Headquartered in Singapore, Ant International powers the future of global commerce with digital innovation for everyone and every business to thrive. In close collaboration with partners, we support merchants of all sizes worldwide to realize their growth aspirations through a comprehensive range of tech-driven digital payment and financial services solutions.

Shopping Cart

Media Kit

    Data Protection

    Personal Data (“Data”) submitted for Media Kit (“Media Kit”), and/or collected in the form of first name, last name, email address and other contact details may be used for the purposes of inviting you to future events and for reaching out to you with content which may be of interest to you. For these purposes, The Digital Banker will share the Data with our associate companies (including event and content sponsors) to promote their products and services. You will also be automatically subscribed as a user on www.thedigitalbanker.com. If you would like to opt-out, email us at [email protected].

    By clicking Submit, you acknowledge that you consent/ have sufficient informed consent to the collection, use and disclosure of Data as set out above.

    The Digital Banker Summit

    Moving on from FTX: is 2023 the year of CBDCs?

    Indonesia, Jakarta

    Thailand, Bangkok

    Philippines, Manila

    Contact Us

      Data Protection

      The information you provide will be held on our database and may be used to keep you informed of our and our associate companies’ products and for selected third party mailings. Please tick the box if you would prefer not to be contacted for these purposes:

      Request Nomination Pack

        Data Protection

        The information you provide will be held on our database and may be used to keep you informed of our and our associate companies’ products and for selected third party mailings. Please tick the box if you would prefer not to be contacted for these purposes:

        Registration Form

          Data Protection

          The information you provide will be held on our database and may be used to keep you informed of our and our associate companies’ products and for selected third party mailings. Please tick the box if you would prefer not to be contacted for these purposes:

          Registration Form

            Data Protection

            The information you provide will be held on our database and may be used to keep you informed of our and our associate companies’ products and for selected third party mailings. Please tick the box if you would prefer not to be contacted for these purposes:

            Registration Form

              Data Protection

              The information you provide will be held on our database and may be used to keep you informed of our and our associate companies’ products and for selected third party mailings. Please tick the box if you would prefer not to be contacted for these purposes:

              Registration Form

                Data Protection

                The information you provide will be held on our database and may be used to keep you informed of our and our associate companies’ products and for selected third party mailings. Please tick the box if you would prefer not to be contacted for these purposes:

                Registration Form

                  Data Protection

                  The information you provide will be held on our database and may be used to keep you informed of our and our associate companies’ products and for selected third party mailings. Please tick the box if you would prefer not to be contacted for these purposes:

                  The world’s preeminent Private Banks and Wealth Managers are demonstrating a committed drive in innovation, advisory, new products and services to meet the sophisticated needs of their clients.

                  COVID-19
                  Amid economic activity revival on the back of the Covid-19 vaccine program, organisations moving from business continuity plans to stable working environments, together with the slightest improvement in unemployment numbers, forced the world to adjust to new realities. Coming to terms with the “new normal”, global investors are now on the look-out for attractive and stable investment opportunities.

                  Needs of Private Wealth customers and families worldwide have drastically changed due to the pandemic and banks have had to accelerate efforts to deploy a multi-channel service strategy and safeguard clients’ businesses and wealth against negative impacts of economic uncertainly.

                  The Global Private Banking Innovation Awards will recognise the world’s best private banks, wealth managers and asset managers that are championing innovation across advisory, service, products, customer experience and more.

                  Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. 

                  Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

                  Request Nomination Pack

                  Error: Contact form not found.