TerraPay Partners with Alipay+ to Enhance Cross-Border Wallet Interoperability
TerraPay has partnered with Alipay+, Ant International's global wallet gateway, to enable seamless cross-border QR payments for digital wallets. This collaboration enhances global payment interoperability by allowing users in Latin America, the Middle East, and Africa—specifically those using Xend, TerraPay’s network—to transact at over 150 million merchants within Alipay+'s ecosystem. The partnership expands TerraPay's cross-border capabilities from account-to-account to include physical retail acceptance. Users can now pay internationally with their local digital wallets by scanning QR codes without switching apps or carrying cards. This addresses a key pain point in global payments, where users often revert to cash due to unfamiliarity and cost. Alipay+ connects over 50 international partners across more than 220 markets through its unified platform. TerraPay's CEO emphasized the goal of making cross-border wallet use as seamless as local transactions, while Alipay+'s representative highlighted joint efforts toward a connected global commerce ecosystem.
Topics: cross-border payments digital wallets global interoperability QR code payments