Users of four mobile wallets – AlipayHK (Hong Kong SAR), GCash (Philippines), Kakao Pay (South Korea) and TrueMoney (Thailand) can now pay in 7-Eleven stores nationwide using their home mobile wallets.
This was after the Ant Group, the operator of Alipay+ announced that the service will be available in 7-Eleven stores in the country, enabled by Razer Merchant Services (RMS).
RMS, the business-to-business solution of Razer Fintech is the acquiring partner that facilitates the integration of Alipay+ in over 2,400 7-Eleven stores in Malaysia.
Alipay, also an Alipay+ partner mobile wallet, has been accepted by Malaysian merchants since 2016.
7-Eleven Malaysia In-Store Services Assistant General Manager Chan Chee Weng said the convenience chain is thrilled to enhance the traveller experience as tourists return to Malaysia.
By expanding the coverage to all their stores, he said, they are providing a seamless and convenient digital payment solution for visitors from around the world.
As a key use case for tourism, our stores serve as a one-stop destination for travellers, offering a wide range of products, snacks, and essentials. We understand the importance of a seamless, digital in-store experience, and through this expansion, we aim to make every visit to 7-Eleven Malaysia a delightful and hassle-free experience for both local customers and international tourists
Chan Chee Weng, Assistant General Manager In-Store Services, 7-Eleven Malaysia.
With the latest development and acceptance in 7-Eleven, Alipay+ is now integrated in more than 80,000 merchant touchpoints in Malaysia, including in popular travel destinations such as Klang Valley, Johor Bahru and Penang.
These merchants comprise a wide range of industries such as retail, F&B and hospitality, including well-known local and international brands like Tealive, MyNEWS, Sephora, Watsons, Sports Direct and Duty-Free stores.
“Razer Merchant Services strives to facilitate the digital transformation of Malaysian businesses through our partnership with Alipay+. Our collaboration deepens the close relationship with 7-Eleven and empowers 7-Eleven to tap into the vast opportunities of the digital economy by offering convenient payment for locals and tourists, enhancing the overall experience and driving growth.
Razer Fintech CEO Lee Li Meng
The acceptance of Alipay+ will offer Asian travellers a more convenient digital travel experience and comes as Malaysia looks to welcome more tourists. In the 2023 Budget, RM250 million was allocated to promote the tourism sector and with expectations for a surge in tourist arrivals in the second half of 2023. Malaysia is targeting 16.1 million tourists in 2023, 60% more than the previous year.
Alipay+ Offline Merchant Services at Ant Group General Manager Dr. Cherry Huang said that with growing coverage of Alipay+ in Malaysia, they’re connecting more Asian travellers to local merchants, helping to position Malaysia as a travel destination of choice and unlocking new opportunities for local businesses.
As one the leading convenience stores in the country, they feel that 7-Eleven is the ideal travel partner for tourists as they travel like a local around Malaysia and they can now enjoy a more digitally enhanced experience at these stores.
We will continue to enable more local merchants to integrate Alipay+ and promote a positive digital ecosystem between our partners, businesses and travellers.
Introduced by Ant Group in 2020, Alipay+ aims to enable local businesses, especially small and medium-sized businesses, to process a wide range of mobile payment methods and reach over 1 billion regional and global consumers, through one-time integration and simple technical adaption. In addition to Malaysia, Alipay+ is also widely accepted in destinations including the Chinese mainland, Macao SAR, Singapore, Thailand, Japan, South Korea among others.
