Alipay+ reported an 18% increase in supported QR code payment transactions. Total payment volume (TPV) in South Korea rose 16% year-on-year, driven by tourists using partner wallets and bank apps for services ranging from beauty treatments and transportation to food and beverages. South Korea remains a key destination for travellers from Southeast Asia and the [...] The post Alipay+ Sees Strong Growth in South Korea QR Code Payments appeared first on Fintech Hong Kong.Alipay+ reported an 18% increase in supported QR code payment transactions. Total payment volume (TPV) in South Korea rose 16% year-on-year, driven by tourists using partner wallets and bank apps for services ranging from beauty treatments and transportation to food and beverages. South Korea remains a key destination for travellers from Southeast Asia and the [...] The post Alipay+ Sees Strong Growth in South Korea QR Code Payments appeared first on Fintech Hong Kong.

Alipay+ Sees Strong Growth in South Korea QR Code Payments

Alipay+ reported an 18% increase in supported QR code payment transactions.

Total payment volume (TPV) in South Korea rose 16% year-on-year, driven by tourists using partner wallets and bank apps for services ranging from beauty treatments and transportation to food and beverages.

South Korea remains a key destination for travellers from Southeast Asia and the Chinese mainland.

The highest Alipay+ transaction activity was recorded in Seoul, Jeju Island and Busan.

In 2025, beauty clinics, transportation and F&B were among the fastest-growing categories.

Beyond Chinese mainland visitors, the largest users of Alipay+-supported transactions in South Korea included tourists from Hong Kong, Malaysia, Japan, Macao and the Philippines.

These groups showed growth in both transaction numbers and TPV.

As of November 2025, Alipay+ had connected 21 international wallets and bank apps to more than two million South Korean merchants.

In September, Alipay+ integrated Japan’s PayPay service, allowing Japanese travellers to pay at any Alipay+-enabled merchant.

Rising Transactions Across Categories

Transportation transactions saw a 120% increase in volume and a 23% rise in TPV. Beauty clinic visits rose 90% with a 123% TPV increase.

F&B payments grew 47% with a 54% TPV increase.

Alipay+ covers a wide range of merchants, including SMEs.

This allows tourists to make payments from arrival at Incheon International Airport, through convenience stores and cafés, to retail outlets selling cosmetics and skincare.

Moreover, merchants can also access services such as the A+ Rewards platform and Alipay+ Voyager.

The AI-powered travel agent, integrated into partner wallets, enables merchants to engage international consumers more effectively.

Weixiao Jiang,Weixiao Jiang

said Weixiao Jiang, General Manager North Asia and North America, Alipay+.

Expanding Transport and Travel Options

Alipay+ has also partnered with local bus and taxi networks in Seoul, Jeju and Daegu. It supports Korail train ticket purchases and K-beauty clinic bookings via mini-programs.

The platform also enables South Korean travellers to use Kakao Pay, Naver Pay and Toss Pay in over 100 markets worldwide.

Featured image credit: Ant International

The post Alipay+ Sees Strong Growth in South Korea QR Code Payments appeared first on Fintech Hong Kong.

Market Opportunity
Oasis Logo
Oasis Price(ROSE)
$0.01026
$0.01026$0.01026
-4.73%
USD
Oasis (ROSE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Unleashing A New Era Of Seller Empowerment

Unleashing A New Era Of Seller Empowerment

The post Unleashing A New Era Of Seller Empowerment appeared on BitcoinEthereumNews.com. Amazon AI Agent: Unleashing A New Era Of Seller Empowerment Skip to content Home AI News Amazon AI Agent: Unleashing a New Era of Seller Empowerment Source: https://bitcoinworld.co.in/amazon-ai-seller-tools/
Share
BitcoinEthereumNews2025/09/18 00:10
CME Group to launch Solana and XRP futures options in October

CME Group to launch Solana and XRP futures options in October

The post CME Group to launch Solana and XRP futures options in October appeared on BitcoinEthereumNews.com. CME Group is preparing to launch options on SOL and XRP futures next month, giving traders new ways to manage exposure to the two assets.  The contracts are set to go live on October 13, pending regulatory approval, and will come in both standard and micro sizes with expiries offered daily, monthly and quarterly. The new listings mark a major step for CME, which first brought bitcoin futures to market in 2017 and added ether contracts in 2021. Solana and XRP futures have quickly gained traction since their debut earlier this year. CME says more than 540,000 Solana contracts (worth about $22.3 billion), and 370,000 XRP contracts (worth $16.2 billion), have already been traded. Both products hit record trading activity and open interest in August. Market makers including Cumberland and FalconX plan to support the new contracts, arguing that institutional investors want hedging tools beyond bitcoin and ether. CME’s move also highlights the growing demand for regulated ways to access a broader set of digital assets. The launch, which still needs the green light from regulators, follows the end of XRP’s years-long legal fight with the US Securities and Exchange Commission. A federal court ruling in 2023 found that institutional sales of XRP violated securities laws, but programmatic exchange sales did not. The case officially closed in August 2025 after Ripple agreed to pay a $125 million fine, removing one of the biggest uncertainties hanging over the token. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/cme-group-solana-xrp-futures
Share
BitcoinEthereumNews2025/09/17 23:55
SEC flags Bitcoin miner hosting services as subject to securities laws

SEC flags Bitcoin miner hosting services as subject to securities laws

                                                                               In a lawsuit, the SEC says some hosted Bitcoin mining services could trigger 
Share
Coinstats2025/12/19 11:23