Ant International strengthens Alipay+ with China CPG partner status
Ant International has been named an inaugural Foreign Institution Partner (FIP) of China’s Cross-Border Interconnection Payment Gateway (CPG). The recognition comes under the guidance of the People’s Bank of China and the Payment & Clearing Association of China.
The CPG scheme is designed to strengthen direct connections, streamline cross-border payments, and improve system stability. With this role, Ant International, through Alipay+, is positioned as the largest participant in terms of network coverage, use cases, and transaction volume.
Alipay+ will now leverage this direct link to expand its ecosystem of global wallets and merchants. This move is expected to benefit international travelers by enabling secure and convenient scan-and-pay transactions across China, while also supporting digital growth for international wallets.
Currently, Alipay+ connects 36 e-wallets and eight national QR payment systems to more than 80 million merchants in China, reaching 1.8 billion consumer accounts worldwide. Partnerships include SGQR (Singapore), DuitNow (Malaysia), ZeroPay (South Korea), QRIS (Indonesia), and others.
The Asia-Pacific region remains the world leader in e-wallet transactions, with USD 9.8 trillion processed in 2023, accounting for nearly two-thirds of global volume.
Eric Jing, Chairman of Ant Group and Ant International, emphasized the milestone as a major step toward building seamless and inclusive global payment infrastructure.
