The integration allows travellers to make payments without transaction fees at partner stores across China through partnerships with Ant International and TenPay Global. Users can scan or display QR codes at checkout without merchants having to alter their existing systems, while reviewing upfront exchange rates in Singapore dollars before completing a transaction. This rollout forms part of a wider regional expansion strategy, building on the app's existing connections to national payment networks across Malaysia, Thailand, Indonesia, and Taiwan.
Key points
DBS PayLah! users can make seamless QR payments across mainland China with full transpare…: DBS PayLah! users can make seamless QR payments across mainland China with full transparency on conversion rates and Singapore dollar totals.
The initiative broadens digital wallet utility beyond domestic borders by partnering dire…: The initiative broadens digital wallet utility beyond domestic borders by partnering directly with Ant International and TenPay Global.
This China expansion connects to DBS's wider regional network, which already integrates c…: This China expansion connects to DBS's wider regional network, which already integrates clearing systems in Malaysia, Thailand, Indonesia, and Taiwan.
Sources checked by our analysis pipeline: 1
- DBS PayLah! users can now pay at more than 100 million merchants in China, with no extra transaction fees and two-way QR payments across Alipay and Weixin Pay partner stores.
- DBS says it is the first local bank to support QR payments across all three major QR payment systems in China, adding to its existing UnionPay tie-up.
- The move follows stronger post-pandemic travel to China, with DBS saying its links to Ant International and TenPay Global let users pay without merchants changing their checkout systems.
AI generated
SINGAPORE – Singaporeans travelling in China can now make QR code payments with their DBS PayLah! app at more than 100 million merchants across the country, without incurring additional transaction fees.
In a statement on Nov 12, DBS Bank announced that app users can make QR payments both ways at these Alipay and Weixin Pay partner merchants, which range from popular retailers such as Pop Mart and Songmont, to neighbourhood shops and restaurants.
The move, DBS said, makes it the first local bank to support QR payment methods across all…
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