Alipay Hong Kong: Japan has become the second largest market and will expand cooperative merchants

According to Japan’s Ministry of Economy, Trade and Industry, the amount of cashless payments reached 126.7 trillion yen last year, approximately 6.5 trillion Hong Kong dollars. This shows the huge potential of Japan's cashless payment market. The usage ratio has risen to 39.3% and is steadily moving towards the goal of 40%.

Ant International Business Greater China General Manager and AlipayHK Executive stated that AlipayHK will regard Japan as one of its important markets and will strengthen cooperation with local merchants in the future. This will help enhance AlipayHK’s visibility and influence in the Japanese market and further expand its market share in Asia.

AlipayHK’s development strategy in the Japanese market

AlipayHK will provide more convenient payment solutions through cooperation with local cooperative merchants in Japan to meet the growing cashless payment needs of Japanese consumers. At the same time, AlipayHK will also strengthen cooperation with Japanese financial institutions to improve payment security and convenience.

Prospects for future cooperation

AlipayHK stated that it will carry out broader cooperation with major Japanese companies and institutions in the future, including in-depth cooperation in e-commerce, tourism, finance and other fields, to jointly promote the development of Japan's cashless payment market.

AlipayHK’s global presence

As the world's leading third-party payment platform, AlipayHK has established an extensive cooperation network in many countries and regions around the world to provide convenient and secure payment services to global users. In the future, AlipayHK will continue to expand its global presence and bring a better payment experience to consumers in more countries and regions.

Conclusion

The development of AlipayHK in the Japanese market will bring a more convenient and secure payment experience to Japanese consumers, and will also promote the rapid development of Japan's cashless payment market. We look forward to AlipayHK achieving greater success in the Japanese market in the future and bringing more innovations and breakthroughs to the global payment industry.