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Ant Group unveils Alipay+ D-store at the Singapore Fintech Festival 2022

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Singapore – Financial technology giant Ant Group officially launched its Alipay+ D-store solution last November 3 at the Singapore FinTech Festival 2022. The solution intends to support the service industry and brick-and-mortar businesses to boost efficiency by digitalizing their operations.

Alipay+ D-store allows businesses to build digital stores across various digital platforms in a fast, scalable, and cost-efficient way. It will also give businesses a suite of toolkits to digitalize merchants’ payments, operations, services, and marketing efforts. 

The solution also gives its partners the ability to build digital stores on digital platforms in the form of mini programmes. These digital stores could also be developed as H5 pages and can be easily embedded in social media and online platforms to reach consumers.

Partner platforms of Alipay+ D-store include Chope, Alipay, Touch ‘n Go eWallet, and AlipayHK, among others. Food and beverage industry companies such as Burger King, Koufu, and more than 2,000 brands in Singapore, Malaysia, Hong Kong SAR, China, and other markets have already adopted Alipay+ D-store in their operations.

“We welcome more digital platforms to collaborate to accelerate the digitalization of the global service industry together,” said Dr. Cherry Huang, global head of Alipay+ D-store.

She added, “Leveraging digital solutions is critical for the service industries to boost operational efficiency and adapt to the fast-changing market conditions. The Alipay+ D-store solution is developed with the goal to make it easier for brick-and-mortar businesses to go digital at scale, so that businesses can better serve and engage digital-savvy consumers by providing a seamless omni-channel experience.”

Moreover, Ant Group also announced that Alipay+ merchant coverage has more than doubled to over 2.5 million. 

Angel Zhao, president of international business of Ant Group, also revealed that Alipay+ rewards, the digital marketing platform developed by Alipay+, are already adopted by mobile payment apps such as GCash (Philippines), DANA (Indonesia), Kakao Pay (South Korea), Touch ‘n Go eWallet (Malaysia), TrueMoney (Thailand), and AlipayHK (Hong Kong SAR, China) to help global brands better engage with consumers worldwide through digital coupons and exclusive deals.

Ant Group has previously expanded its partnership with the Singapore Tourism Board, which aimed to promote tourism in Singapore through a series of digital and marketing campaigns for the next two years.

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