Asia United Bank teamed up with Alipay+ to enable its HelloMoney for cross-border payments and to provide a seamless payment experience for users when traveling overseas for leisure and business.
This development makes AUB the first Philippine bank with an e-wallet that can be used overseas.
HelloMoney will be made available and accepted first in South Korea and Japan through the collaboration where users can pay at local merchants accepting Alipay+ for shopping, dining, convenience stores, transportation and other travel-related activities.
AUB executive vice president and head of operations and information technology Wilfredo Rodriguez Jr. said AUB has been building a digital arsenal that includes pioneering initiatives and innovations — from end-to-end digital account opening to enabling clients to make banking easy through their mobile phone and merchants to sustain their businesses even with restricted mobility during the pandemic.
“With Alipay+’s global presence through its integration with local merchants worldwide, our HelloMoney users will have a wider reach in payment acceptance while ensuring a safe and secure digital transaction,” he said.