Alipay+
Alipay+ is a Singapore-based unified wallet gateway, operated by Ant International, that connects 40+ mobile payment providers (2B+ consumer accounts) to 150M+ merchants across 220+ markets via a single API, enabling cross-border QR, NFC, online, and agentic AI-driven payments.
- Company typePrivate
- Founded2022
- HeadquartersSingapore, Singapore
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Alipay+ does
Alipay+ is a unified wallet gateway operated by Ant International (a subsidiary of China's Ant Group), headquartered in Singapore. The platform enables cross-border digital payments by connecting 40+ mobile payment providers—collectively representing 2B+ consumer accounts—to 150M+ merchants across 220+ markets through a single API integration. It supports QR code payments (user-presented and merchant-presented modes), NFC contactless payments, online cashier payments, and auto-debit, with additional value-added services including AI-powered travel (Voyager), digital tax refunds, remittance, loyalty rewards, and SME-oriented marketing tools. Acquirers, mobile payment providers, and merchants integrate once to access a multi-wallet, multi-market payment surface, while national payment switches (QRIS, LankaQR, DuitNow) connect at the infrastructure layer.
The technology stack is anchored by several proprietary AI systems: AI SHIELD (a 7B+-parameter fraud detection model achieving 95% precision), the Falcon TST AI FX model (open-sourced and credited with up to 60% internal FX-cost reduction), the GenAI Cockpit for wallet operators, and the Agentic Mobile Protocol—an open-source framework enabling AI agents and LLMs to transact against 4.4B wallet users. The platform also operates the Whale blockchain settlement rail (US$600B processed in 2025 using tokenized bank deposits) and has completed full deployment of Privacy Enhancing Technologies (PETs), validated by Singapore's Personal Data Protection Commission. Developer tooling includes Android, iOS, server, and NFC SDKs, sandbox environments, and a dedicated Developer Center.
Commercially, Alipay+ operates as a B2B2C platform under an undisclosed, negotiated per-transaction fee model. Revenue is generated from cross-border payment processing and a growing suite of digital gateway services (marketing, remittance, tax refunds). Distribution is anchored by strategic partnerships with wallet operators (GCash, Touch 'n Go, TrueMoney, Kakao Pay, PayPay, Kaspi, DBS PayLah!), acquirers, and central-bank-aligned entities (Bank Indonesia, People's Bank of China, NAPAS, Vietcombank), alongside newer alliances with Mastercard, Visa, Google, and HSBC on agentic-commerce and settlement innovation. Customer concentration is structurally low given 90% SME merchant mix and a 40+-partner wallet ecosystem, and recent expansion has extended into Latin America, Central Asia, the Middle East, and Sri Lanka while an India UPI linkage remains paused pending regulatory review.
Alipay+ firmographics
Firmographics- Name
- Alipay+
- Legal name
- Alipay Connect Pte. Ltd.
- Website
- https://alipayplus.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Alipay+ is a Singapore-based unified wallet gateway, operated by Ant International, that connects 40+ mobile payment providers (2B+ consumer accounts) to 150M+ merchants across 220+ markets via a single API, enabling cross-border QR, NFC, online, and agentic AI-driven payments.
- Ownership category
- akta.pro rank
Alipay+ industry classification
Industry- Product category
- Cross-Border Payment Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- akta.pro primary industry
- Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA)
- akta.pro secondary industries
- Integrated Payment Processors (PSP/Acquirer) (FSAMABAA), Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG), Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB)
Keywords
Where Alipay+ is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
Alipay+ business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- Cross-border Payment Processing: Alipay+ charges transaction fees for facilitating cross-border QR and contactless payments between consumers using partner mobile wallets and merchants globally. The platform operates on a per-transaction basis as a payment gateway connecting wallet users to merchants.
- Digital Gateway Services: Revenue generated from value-added services including AI-powered travel agent (Voyager), digital tax refunds, rewards programs (A+ Rewards), payment marketing, and remittance services. These services enhance the core payment flow and provide additional monetization opportunities.
Go-to-market motion2 records
Distribution channels5 records
Marketing channels5 records
Alipay+ product offering
Product offeringCore offering
Alipay+ is a unified wallet gateway that connects global merchants to multiple mobile payment methods through a single technical integration. The platform enables cross-border QR code payments (user-presented and merchant-presented modes), NFC contactless payments, online cashier payments, and auto-debit functionality across 220+ markets. It also provides complementary digital services including AI-powered travel tools, tax refunds, remittances, rewards programs, wallet technology infrastructure, and emerging agentic commerce capabilities for AI-driven transactions.
Product overview
Alipay+ is a unified wallet gateway providing cross-border payment and digital services that connects global merchants to mobile payment users worldwide through a single integration. The platform operates as a platform-plus-modules architecture comprising the core Alipay+ Payment Gateway supporting QR code, NFC, Online Cashier, and Auto Debit payment methods, complemented by digital services (Alipay+ Voyager AI travel agent, Tax Refund, Trust Score, Remittance), marketing tools (A+ Rewards, Payment Marketing), AI-powered technology solutions (GenAI Cockpit, Financial-grade AI PaaS, Risk Management Solutions), developer tools (Linker Wallet/Merchant, Developer Center), and emerging innovations like the Agentic Mobile Protocol for AI commerce and GlassPay for AR-based payments. The platform connects 2 billion+ consumer accounts across 40+ mobile payment partners to 150 million+ merchants in 220+ markets.
Differentiator
Problem solved
Functional benefit
Products and services
- Alipay+ Online Cashier Payment
Quantifiable outcome
- 20M+ transactions processed daily
- +7 more outcomes
Companies that use Alipay+
Customer profileNamed customers10 records
Segments5 records
Ideal customer profiles4 records
Alipay+ technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration53 records
AI capability11 records
Feature10 records
Alipay+ partnerships and signals
Strategic signalPartnerships
26 partnerships are on record, tiered core, strategic, flagship and innovation.
- Hong Kong Tourism BoardcorePartnership for Hong Kong Summer Fun campaign featuring Summer Deals programme with hundreds of thousands of offers. AlipayHK/Alipay/Alipay+ facilitates instant rewards at nearly 100 participating malls as part of citywide celebration including Dragon Boat Festival, Pixar Summer Fest, and Hong Kong Football Festival 2026.
- Kyrgyzstan National Interbank Processing CentercoreLaunch of international QR payments for ELCARD Mobile app users, enabling Kyrgyz citizens to make seamless cross-border payments across Alipay+'s global merchant ecosystem. Supported by the National Bank of Kyrgyz Republic, marking a milestone in advancing Kyrgyzstan's digital financial infrastructure and cross-border payment connectivity.
- PVS (Latin American fintech)coreLaunch of cross-border QR payment system in Latin America covering Chile and Argentina, with plans to expand regionally. Network supports over 50 e-wallets and banking platforms alongside 10+ national QR payment schemes. PVS provides regional integration and merchant onboarding infrastructure.
- R2 (Mexico)strategicCollaboration with Mexico-based embedded lending infrastructure company R2 to expand SME financing across Latin America. Part of Ant International's broader Latin American expansion strategy.
- Tourism Authority of Thailand (TAT)coreAI-powered campaign partnership to enhance digital travel experiences in Thailand, creating four themed rankings based on AI-driven data analytics of cross-border traveler behavior. The initiative integrates safety guidelines, emergency contacts, and one-stop booking services through Alipay+ Voyager AI travel agent, including a Thailand destination benefits card with exclusive perks.
- barqcoreSaudi Arabian financial app with 12 million users launching global cross-border QR payments via Alipay+. barq becomes the first Alipay+ payment partner in the Middle East to enable outbound cross-border QR payments, connecting users to 150M+ merchants across 220+ markets. Aligned with Saudi Vision 2030 cashless society goals.
- Bank Indonesia and People's Bank of ChinaflagshipIndonesia-China cross-border QR payment linkage connecting Indonesia's QRIS system with China's Alipay and UnionPay networks via Alipay+ technology. Chinese users can pay at 40M+ QRIS merchants in Indonesia; Indonesian users can scan 80M+ QR codes in China. Part of broader efforts to advance interoperable payment connectivity across Asia.
- Vietcombank and NAPAScorePartnerships with Vietcombank (largest capitalized bank in Vietnam) and NAPAS (national payment switch) to expand cross-border payments capabilities in Vietnam. VCB Digibank enables users to make international payments through Alipay+ network.
- GoogleinnovationCollaboration with Google on agentic commerce protocols, working to establish universal standards for AI agent payments alongside Mastercard and Visa.
- Singapore Personal Data Protection CommissionstrategicSingapore's Personal Data Protection Commission evaluated Ant International's proof-of-concept for PETs-enabled AI prediction model training, releasing Practical Guidance on data classification and handling under Singapore's data regulations.
- Nanyang Technological University SingaporeinnovationCollaboration with NTU Singapore's Digital Trust Centre under Master Research Collaboration Agreement to advance research on PETs deployment for cross-border payments and trust technologies.
- Sri Lanka Tourism Development Authority and LankaPaycoreIntegration of LankaQR national payment infrastructure with Alipay+, enabling travelers from China, India, Singapore, Malaysia, Thailand, and South Korea to make seamless mobile payments at Sri Lankan hotels, restaurants, and retail outlets. Grants access to 1.8B+ mobile wallet users across Asia-Pacific.
- HSBCinnovationPilot with HSBC in Hong Kong tested real-time tokenized deposits on Ant International's Whale platform, exploring blockchain-based settlement capabilities.
- Singapore Tourism BoardcoreStrategic partnership renewal to strengthen Singapore's position as a world-class tourism destination by enhancing digital payment experiences and joint marketing initiatives through Alipay+. The partnership builds on 2025 results showing Singapore among top 5 global travel destinations, with increased participation of Chinese travelers.
- Malaysia (MDEC, TNG eWallet, DuitNow QR)coreDeepening footprint in Malaysia through partnerships with MDEC and integrations with TNG eWallet and DuitNow QR. Aligned with Malaysia's goal to achieve AI Nation status by 2030. Prime Minister Anwar Ibrahim met with Ant International CEO to discuss advancing AI adoption.
- Reserve Bank of IndiastrategicDiscussions to integrate India's UPI with Alipay+ for cross-border digital payments. Would allow UPI's 400M users to make instant payments abroad with reduced costs and settlement friction. Integration reflects broader industry trend of connecting national payment rails through shared technical standards.
- Tinaba (Banca Profilo)coreItalian fintech launched cashless payment service in China enabling payments at 80M+ merchants via Alipay+ integration. Users pay in euros with transparent exchange rates. Reported 133% increase in transaction volumes through Alipay+ in 2025.
- Mastercard and VisainnovationAnt International is piloting AI agent transaction capabilities alongside Mastercard and Visa for the Agentic Mobile Protocol, establishing universal standards for AI-driven transactions.
- AirAsiastrategicOpen-sourced Falcon AI model helped AirAsia reduce FX hedging costs by up to 40%, demonstrating AI-powered financial solutions for travel sector.
- NayaPay (Pakistan)coreLaunch of global QR payments for Pakistani users at 150M+ merchants across 50+ countries. Simplifies cross-border transactions connecting Pakistani consumers with global ecosystem.
- RokidinnovationIntegration of Alipay+ GlassPay into Rokid's $299 Ai Glasses Style at CES 2026, enabling voice-activated payments via voice commands, QR scanning, and iris recognition authentication through 1.8B connected accounts across 40+ payment providers.
- New York LibertyflagshipMulti-year partnership making Alipay+ an Official Sponsor and Innovation Partner for Sustainability for the WNBA team. Three pillars: community empowerment, environmental sustainability (Threes for Trees initiative planting trees for every three-pointer at home games), and youth development (Math Hoops STEM program). 91 trees already pledged as of June 19, 2026.
- BENEFIT (Bahrain)coreCollaboration to introduce Alipay+ QR payments in Bahrain by 2026, enabling cross-border digital transactions for merchants and consumers.
- DBSflagshipDeepened strategic partnership with MoU at Singapore Fintech Festival 2025 to explore innovative payments, digitisation, and fintech solutions. Enables DBS PayLah!'s 3M+ users to scan Alipay+ QR codes at 150M+ merchants across 100+ markets, explores real-time remittances between DBS customers and 1.8B Alipay+ ecosystem accounts, and supports SME digital transformation through Antom and WorldFirst services.
- Kaspi.kzcoreAlipay+ and Kaspi.kz enabled international cross-border QR payment acceptance in Kazakhstan, making it the first country in Central Asia to accept Alipay+. Users of 12 Alipay+-enabled payment apps from countries including China, Germany, and South Korea can scan-to-pay via Kaspi QR. Builds on existing outbound partnership since April 2024.
- Singapore Tourism BoardcoreMulti-year strategic partnership renewal to enhance Singapore's tourism industry through digital innovation and marketing initiatives. The collaboration has driven record spending via Alipay+ and increased Chinese traveler participation, with Alipay+ transactions increasing 36% year-on-year and Chinese travelers spending 26% more than prior year. Both parties leverage Ant International's data capabilities and AI tools to develop future-ready tourism sector under Singapore's Tourism 2040 roadmap.
Scale indicators17 records
Recent moves6 records
Expansion highlights6 records
Alipay+ competitors and assessment
Company assessmentDirect peers
- Checkout.com: Global payment processor offering unified gateway services optimized for cross-border digital commerce. Directly comparable in product architecture (single integration, multiple payment methods) and enterprise merchant focus.
- Wise: Cross-border money transfer and multi-currency account provider. Comparable for cross-border payment flows and FX optimization, although Wise is B2C remittance-led rather than merchant acceptance-led.
- Adyen: Global unified payments platform offering a single API/SDK that connects merchants to multiple payment methods worldwide. Comparable to Alipay+ as both provide single-integration, multi-method acceptance at global scale, although Adyen focuses on card and APMs rather than wallet-to-wallet QR interoperability.
- PayPal: Operates a cross-border wallet and merchant acceptance network (PayPal, Venmo, Xoom). Comparable as a consumer wallet-to-merchant payment network, though PayPal is a single brand wallet rather than an aggregator of 40+ national wallets like Alipay+.
- dLocal: Cross-border payment processor focused on emerging markets (LatAm, Africa, Asia). Comparable in targeting emerging-market wallet and APM acceptance; competes for the same digital merchant cross-border corridor volume that Alipay+ serves.
- Stripe: Developer-first payment gateway with global coverage supporting 100+ payment methods and 135+ currencies. Comparable as a unified API/hosted-checkout gateway for cross-border digital commerce; differs in wallet-to-wallet QR focus versus Stripe's broader APM/card mix.
Broad incumbents
- Visa: Global card network pushing into account-to-account, real-time, and agentic commerce (Visa Direct, Visa+). Overlaps Alipay+ in cross-border acceptance and is a direct AMP pilot partner, making it both collaborator and competitor.
- Worldpay: Large global merchant acquirer and processor offering multi-method cross-border acceptance to enterprise merchants. Comparable in serving global acquirers and merchants, with broader card-rails heritage versus Alipay+'s wallet-led model.
- Mastercard: Global card network competing for cross-border merchant and consumer payment flows. Also an AMP pilot partner, with comparable ambitions in agentic commerce standards and emerging-market acceptance.
Emerging players
- PPRO: Payment orchestration platform aggregating local payment methods for global merchants. Comparable as a single-integration layer for APMs, though PPRO is a more B2B orchestration play versus Alipay+'s wallet-to-merchant emphasis.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Alipay+ social profiles
Digital presenceAlipay+ compliance and trust
Trust signalCompliance3 records
Alipay+ financial estimates
Financial estimateRevenue estimate
Valuation estimate
Alipay+ leadership team
Management profileNumber of profiles
Alipay+ funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Alipay+ M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Alipay+
What does Alipay+ do?
Alipay+ is a unified wallet gateway that connects global merchants to multiple mobile payment methods through a single technical integration. The platform enables cross-border QR code payments (user-presented and merchant-presented modes), NFC contactless payments, online cashier payments, and auto-debit functionality across 220+ markets. It also provides complementary digital services including AI-powered travel tools, tax refunds, remittances, rewards programs, wallet technology infrastructure, and emerging agentic commerce capabilities for AI-driven transactions.
Is Alipay+ a public or private company?
Alipay+ is a private company. It is classified as corporate owned and is currently operating.
When was Alipay+ founded?
Alipay+ was founded in 2022. It employs 51 to 100 people.
Where is Alipay+ based?
Alipay+ is headquartered in Singapore, Singapore, in the Asia region.
How does Alipay+ make money?
Two revenue lines are on record. Cross-border Payment Processing is the primary driver. The others are digital Gateway Services.
Who are Alipay+'s main competitors?
Direct peers on record are Checkout.com, Wise, Adyen, PayPal, dLocal and Stripe. Broad incumbents are Visa, Worldpay and Mastercard. PPRO is listed as an emerging player.
Does Alipay+ have an API?
Yes. Alipay+ provides comprehensive API documentation for both Acquiring Service Providers (ACQPs) and Mobile Payment Providers (MPPs). The APIs cover payment scenarios including Online Cashier Payment, Online Auto Debit, User-presented Mode Payment, Merchant-presented Mode Payment, and NFC Payment. APIs include payment initiation (pay), payment result inquiry (inquiryPayment), payment notification (notifyPayment), cancellation (cancelPayment), refund (refund), token management (applyToken, cancelToken), and more. Authentication uses signature-based request signing and validation. The platform offers both self-integration mode and TSP (Technical Service Provider) mode for integration. A sandbox environment is available for testing. Developer documentation is at docs.alipayplus.com/alipayplus.
What industry is Alipay+ in?
Alipay+'s product category is Cross-Border Payment Infrastructure. Its primary akta.pro industry code is FSAMACAA, Merchant Payment Gateways (API/Hosted Checkout), with a secondary code of FSAMABAA, Integrated Payment Processors (PSP/Acquirer). Its NAICS code is 522320.