SwiftPass, the leading provider of mobile payment solutions, partners with the Rebisco group-led Asia United Bank (AUB) to launch the Alipay in Philippines recently. And with the Wechat Pay that launched by AUB in last November, AUB has become the first bank in the Philippines to roll out both Alipay and WeChat Pay, which allows Chinese tourists to make payments using their electronic wallets.
China has overtaken US as Philippines’ second biggest source of inbound tourist group with 810,807 arrivals in 2017. According to the survey of Nielsen, the outbound Chinese tourism consumption averaged USD 5,565 per person in 2017, and 65% of Chinese tourists paid for their expenses via mobile payment. The launched of Wechat Pay and Alipay will enable Merchants partner with AUB to sell their goods and services to Chinese tourists.
“SwiftPass is honored to support AUB to be the first bank in Philippines that launched Wechat Pay and Alipay, and bring a more convenient experience to Philippines’ merchants by providing the new mobile payment technology from China. SwiftPass are ready to work with the banks in Philippines, to promote the Philippines’ cashless society and create the excellent payment methods,” said Tong Liu, SwiftPass international business director.
Founded in 2013, SwiftPass dedicates to providing the mobile payment solutions and serves more than 200 banks and non-banking financial institutions. By providing the best technology and services in terms of stability and security, SwiftPass is expanding globally with the ambition to become world’s leading FinTech service company.