The Times Australia
News From Asia

.
The Times Real Estate

.

mPay Expands Cross-Border Payment Coverage to More Than 40 Countries, creating a Convenient Global Travel Smart e-wallet for Macao residents

MACAU - EQS Newswire - 24 August 2023 - Macau Pass S.A. ("Macau Pass"), together with Alipay+, will expand the coverage of the cross-border payment business of mPay to more than 40 countries overseas in the third or fourth quarter this year.

These include the United Arab Emirates, the United Kingdom, Switzerland, the European Economic Area countries (such as France, Germany and Italy), Australia, New Zealand, Qatar, Singapore, Malaysia, South Korea, Japan, the Philippines, Thailand, and the United States of America. The relevant cross-border payment function is applicable to mPay's Macao resident users at 3A, 3B and JR levels, it is done by simply switching the Alipay+ overseas payment code on mPay when seeing Alipay+ logo at the merchants in these countries.

海報 mPay澳門錢包覆蓋海外40余國家.jpg

According to the 2022 Household Information Technology Survey by the Statistics and Census Bureau of the Macao SAR Government, among the online shopping consumption in the fourth quarter of 2022 in Macao, the median consumption of "tourism services" (MOP2,000) ranked top on the list, and comparing 2021 and 2022, the number of consumers has increased by 142%. With the optimization of the entry-exit management policy of the Macao SAR government, the increase in search volume of outbound flights and accommodation in overseas countries indicates that the outbound travel demand of Macao residents continues to recover in 2023, and cross-border consumption is expected to surge.

Mr. Sun Ho, Chairman and CEO of Macau Pass, said that the change in consumer culture and modern technology goes hand in hand in the new era, and demand for electronic payments, especially cross-border mobile payments, is also booming rapidly. As one of the leading mobile payment e-wallets in Macao, mPay and Alipay+ which has launched a suite of innovative digital cross-border solutions, strive to create a smart e-wallet that facilitates Macao residents to travel globally, this could also solve the issues they encounter with payment while travelling overseas, thus improve travelers' payment and shopping experience.

Mr. Sun said that when international payment services give consumers fine global travel consumption experience, it will also bring more cross-border businesses and tourism growth opportunities for global merchants. mPay will continue to expand electronic payment, lifestyle services and marketing technology services to develop more open and diversified intelligent payment business scenarios, which is dedicated to introducing the inclusive ecology and vitality of Macao and even Mainland China's digital economy to the whole world and let them have a deeper understanding of the vibrant developments.

Hashtag: #MACAUPass

The issuer is solely responsible for the content of this announcement.

About Macau Pass S.A.

Macau Pass S.A. is a non-bank local financial institute with the scope of financial clearance, and is also a credit institution qualified to issue cards in Macao. In 2007, Macau Pass introduced the first contactless smart card in Macao, "Macau Pass Card", which is now the largest contactless smart card and electronic payment system in Macao. Macau Pass introduced mobile payment into Macao in 2015 and created mPay app in 2018, which has now become the most used payment app in Macao, and is now actively integrating more non-payment scenarios to serve local merchants, residents and tourists. For details on Macau Pass' information, please visit

The Times Features

How to buy a coffee machine

For coffee lovers, having a home coffee machine can transform your daily routine, allowing you to enjoy café-quality drinks without leaving your kitchen. But with so many optio...

In the Digital Age, Online Promotion Isn't Just an Option for Small Businesses – It's a Necessity

The shift to an online-first consumer landscape means small businesses must embrace digital promotion to not only survive but thrive in 2025. From expanding reach to fostering cu...

Sorbet Balls by bubbleme Bring Bite-Sized Cool Spin to Frozen Snacking

A cool new frozen treat is rolling into the ice-cream aisle at Woolworths stores nationwide. Dairy-free, gluten-free and free from artificial colours, bubbleme Sorbet Balls ar...

Mind-Body Balance: The Holistic Approach of Personal Training in Moonee Ponds

Key Highlights Discover the benefits of a holistic approach to personal training in Moonee Ponds and nearby Maribyrnong, including residents from Strathmore. Learn how mind-b...

How Online Platforms Empower You to Find Affordable Removalists and Electricity Plans

When you move into a new home, you have many tasks to do. You need to hire removalists and set up your electricity.  In this article, we discuss how online platforms empower you ...

IS ROSEMARY OIL THE SECRET TO BETTER HAIR DAYS? HERE’S WHAT IT CAN DO

Rosemary hair oil is a straightforward natural solution that delivers exceptional results for anyone who wants to enhance their haircare process. It maintains its status in herba...

Times Magazine

CNC Machining Meets Stage Design - Black Swan State Theatre Company & Tommotek

When artistry meets precision engineering, incredible things happen. That’s exactly what unfolded when Tommotek worked alongside the Black Swan State Theatre Company on several of their innovative stage productions. With tight deadlines and intrica...

Uniden Baby Video Monitor Review

Uniden has released another award-winning product as part of their ‘Baby Watch’ series. The BW4501 Baby Monitor is an easy to use camera for keeping eyes and ears on your little one. The camera is easy to set up and can be mounted to the wall or a...

Top Benefits of Hiring Commercial Electricians for Your Business

When it comes to business success, there are no two ways about it: qualified professionals are critical. While many specialists are needed, commercial electricians are among the most important to have on hand. They are directly involved in upholdin...

The Essential Guide to Transforming Office Spaces for Maximum Efficiency

Why Office Fitouts MatterA well-designed office can make all the difference in productivity, employee satisfaction, and client impressions. Businesses of all sizes are investing in updated office spaces to create environments that foster collaborat...

The A/B Testing Revolution: How AI Optimized Landing Pages Without Human Input

A/B testing was always integral to the web-based marketing world. Was there a button that converted better? Marketing could pit one against the other and see which option worked better. This was always through human observation, and over time, as d...

Using Countdown Timers in Email: Do They Really Increase Conversions?

In a world that's always on, where marketers are attempting to entice a subscriber and get them to convert on the same screen with one email, the power of urgency is sometimes the essential element needed. One of the most popular ways to create urg...

LayBy Shopping