back Back

Alipay+ announces its integration into SGQR

By Leandra Monteiro

April 28, 2023

  • Alipay
  • Digital Payments
  • Domestic Payments
Share

Alipay+, SGQR Alipay+ recently announced that it has integrated into SGQR, the world’s first unified payment QR code, and is now available as a payment option at all hawker centres in Singapore.

Enabled by its continued partnership with NETS, Alipay+ aims to continue to drive digital payments innovation to empower local merchants, including micro businesses like hawkers, and enhancing the traveller experience. Tourists from across the world looking to make payments at Singapore’s delicious hawker food stalls can now do so with added convenience.

As per the MAS website, Singapore Quick Response Code (SGQR) is the world’s first unified payment QR code. It combines multiple payment QR codes into a single SGQR label, making QR payments simple for both consumers and merchants. Consumers just need to look out for the SGQR label to see which payment options a merchant accepts, while merchants only need to display one SGQR label instead of many labels. The SGQR scheme is co-owned by MAS and IMDA.

Developed by Ant Group, Alipay+ helps payment apps connect global consumers to local merchants and brands, unlocking fresh dining, shopping and travel experiences across Asia and beyond. Alipay+ supports transactions in 27 different currencies, as well as tax reimbursement in 35 countries and regions.

Previous Article

April 28, 2023

True Digital Group partners with Mid-Size Bank Coalition of America

Read More
Next Article

April 28, 2023

Investment managers highly rely on third-party support for managing alternative data

Read More






IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Revolut secures RBI nod to launch digital wallets and UPI in India

Read More

April 15, 2025

Valletta Credit Finance goes live with Profile Software’s Finuevo Core solution

Read More

April 15, 2025

Paysend partners with Tink to power faster open banking transfers

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q1 2025
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q1 2025
Know More
Treasury & Capital Markets Systems Report Q1 2025
Know More