
Article content
- Partnership significantly expands cross-border connectivity, supporting Philippines’ digitalisation ambitions and opening new opportunities for 2.5M local merchants and SMEs
- Alipay+ connects with 10+ national payment schemes across Asia, Middle East and Latin America
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
SUBSCRIBE TO UNLOCK MORE ARTICLES
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
REGISTER / SIGN IN TO UNLOCK MORE ARTICLES
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account.
- Share your thoughts and join the conversation in the comments.
- Enjoy additional articles per month.
- Get email updates from your favourite authors.
THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account
- Share your thoughts and join the conversation in the comments
- Enjoy additional articles per month
- Get email updates from your favourite authors
Sign In or Create an Account
or
Article content
MANILA, Philippines — The Philippine Payments Management, Inc. (PPMI) and Ant International’s unified wallet gateway, Alipay+, have officially enabled Alipay+ on QR Ph, seamlessly connecting the nation’s digital payments ecosystem with global commerce. This milestone is in alignment with and supports the Bangko Sentral ng Pilipinas’ (BSP) digital payments transformation goals.
Article content
Article content
Article content
According to the BSP’s 2025 Report on E-Payments Measurement, digital payments now account for 64.69% of retail transaction volume in the Philippines, while QR Ph transactions surged more than 13 times in 2025.
Article content
By signing up you consent to receive the above newsletter from Postmedia Network Inc.
Article content
By connecting this rapidly growing national QR network to Alipay+’s global ecosystem, international consumers can use their home e-wallets and banking apps to scan and pay directly at any QR Ph-accepting merchants nationwide. Merchants can now receive payments from Alipay+ partner users through their existing QR Ph codes, enabling local businesses, particularly micro, small and medium enterprises (MSMEs), to participate in cross-border commerce and benefit from the growing flow of international travelers and digital consumers.
Article content
From digital payments to cross-border commerce
Article content
For Filipino SMEs, digital payments are increasingly more than a way to collect money. They can be a gateway to new customers, new markets and new sources of growth, demonstrating how local digital payment networks can become gateways to wider global digital economy.
Article content
“QR Ph has played an important role in advancing a more connected and interoperable digital payments ecosystem in the Philippines, making digital payments more accessible and convenient for businesses and consumers. Through our partnership with Alipay+, we are extending that connectivity beyond our borders, enabling Filipino merchants — particularly SMEs — to serve international customers more seamlessly. This is an important step in bringing the benefits of digitalisation into everyday commerce, while creating new opportunities for Filipino businesses to participate and grow in the global digital economy,” said Carmelita “Melit” Araneta, General Manager of Philippine Payments Management Inc. By connecting Alipay+ to QR Ph, that digital transformation can extend beyond the Philippines’ borders, bringing international payment connectivity to the same digital payment ecosystem already used by Filipino consumers and businesses.
Article content
“Our role is to make it as easy as possible for a customer to pay with the mobile app they already use, while helping the merchant participate in a much bigger marketplace. The Philippines has built a strong digital payments ecosystem through QR Ph, and by connecting that ecosystem with Alipay+, we are helping bring the benefits of digitalisation to the next level, giving Filipino businesses a more seamless way to serve consumers from around the world,” said Danny Chung, General Manager of Alipay+ Global Growth Center, Ant International.
Article content
Article content
The partnership also reflects Alipay+’s broader strategy of working with national payment schemes to expand interoperable mobile payments across markets. Alipay+ is now connected to 10+ national QR schemes across Asia, Middle East and Latin America, bringing cross-border payment capabilities into local payment ecosystems.
Article content
Alipay+ currently connects more than 2 billion consumer accounts, over 50 mobile payment providers, including leading e-wallets and bank apps, 10+ national switches, and QR and NFC merchants globally across 220+ markets. Beyond driving payments interoperability, Alipay+ is also expanding its suite of AI solutions to help mobile payment providers and merchants transform for the next chapter of mobile and digital commerce.
Article content
About PPMI
Article content
Established in 2017 under Republic Act No. 11127 or the National Payment Systems Act (NPSA), the Philippine Payments Management Inc. (PPMI) collaborates with the Bangko Sentral ng Pilipinas Supervised Financial Institutions (BSFIs) to advance accessibility and competitiveness in the Philippine payments system through digital payments initiatives.
Article content
Designated by the Bangko Sentral ng Pilipinas (BSP) as the Payments System Management Body (PSMB) in 2018 under BSP Circular 980 on the National Retail Payment System (NRPS), PPMI drives the transition from cash-heavy to cash-lite payment transactions, offering faster, safer and more convenient digital financial services.
Article content
PPMI is guided by a Board of Directors composed of CEO-representatives from banks (universal, commercial, thrift and rural banks), non-bank E-money issuers (NB-EMIs), and independent executives. Under the Board leadership, PPMI fosters scalable and reliable innovations in digital payments.
Article content
All members participate in both or at least one Automated Clearing House (ACH) namely PESONet for batch electronic transfers and InstaPay for instant electronic transfers.
Article content
About Alipay+
Article content
Ant International’s Alipay+ is a unified wallet gateway with cross-border payment and digitisation services that help connect global merchants to consumers. Consumers enjoy seamless payments a broad choice of deals and the convenience of digital services using their preferred payment app/e-wallet while travelling abroad. Many small and medium-sized businesses already use Alipay+ digital tools to enhance efficiency and achieve omni-channel growth.
Article content
Article content
Article content
Article content
View source version on businesswire.com:
Article content
Article content

Article content
Contacts
Article content
Media Contact:
Article content
Article content
Ant International PR
Article content
Article content
Article content

1 hour ago
2
English (US)