TrueMoney, Southeast Asia's leading digital financial service, has expanded its offerings to include cross-border mobile payment service in Hong Kong through Alipay+, the cross-border mobile payment and digitalization technology solutions operated by Ant International. This service significantly enhances convenience for Thai travelers, enabling TrueMoney's users to effortlessly make payments at over 90% of stores across Hong Kong, including a wide range of restaurants, retail stores and convenience stores that display Alipay+ or AlipayHK logo. This service eliminates the hassle of finding currency exchange services. Users can simply make payments by just logging onto TrueMoney app, choosing the destination country, and scanning to pay without the need to exchange money beforehand. The system will convert Thai Baht at daily exchange rates to the desired currency immediately with no additional fees. Additionally, TrueMoney users can also enjoy numerous exclusive benefits from Alipay+ Rewards8.
Ms. Monsinee Nakapanant, Co-President of Ascend Money Co., Ltd., said "Hong Kong is a popular destination for Thai travelers and offers a wealth of activities from delightful scenery and outstanding tourist attractions to diverse shopping and culinary experiences, as well as opportunities for religious observances. This year, over 500,000 travelers from Thailand are expected to visit Hong Kong, making this group of travelers the second-largest one from Southeast Asia. TrueMoney's cross-border payment service through the TrueMoney application in Hong Kong, facilitated by Alipay+, will enhance the tourism experience by offering convenience, security, and flexibility through its scan-to-pay feature, along with exclusive benefits provided by Alipay+ Rewards."
This partnership between TrueMoney and Alipay+ also promotes sustainable tourism by enabling Thai travelers to seamlessly access a network of small and medium-sized merchants (SMEs) in Hong Kong through AlipayHK's network. With TrueMoney app, tourists can conveniently make payments at these stores without requiring merchants to invest in new systems. This integration eliminates the need for additional installations, fostering new opportunities and empowering promotional activities for small businesses through digital technology.
TrueMoney has recently expanded its payment services to over 40 countries worldwide, including China, Japan, South Korea, Singapore, Malaysia, Australia, Belgium, Germany, France, and more. This global expansion of TrueMoney's payment acceptance points provides users with convenient and secure cashless payment options while traveling abroad without the need to exchange cash currency. By using the TrueMoney application, users can simply open the QR code, select the destination country, then scan to pay at any store displaying the Alipay+ logo.
For further information about cross-border payment services through TrueMoney and Alipay+, including other promotions, please visit https://www.truemoney.com/global-network-offline-payment/.
Source: Weber Shandwick