Tinaba and Alipay+ Join Forces to Revolutionize Cross-Border Payments

In a revolutionary partnership, Tinaba, the first bank-affiliated mobile wallet in Europe and the only one available in Italy, has joined forces with Alipay+ to provide its users direct access to a vast network of over 2.5 million supported merchants. With this ground-breaking change, Tinaba customers in Asia may now pay using the Tinaba app in euros and their favorite language.

Empowering Italian Travelers with QR Code Payments

Customers of Tinaba from Italy may now enjoy the utmost ease of cross-border transactions utilizing QR codes at Alipay+ partner businesses. This service is accessible in Malaysia and South Korea thanks to Kakao Pay. Beginning in July, Tinaba expands its reach through Alipay+ solutions to Australia and Qatar. more expansions are planned for more Asian nations and international markets, eventually including the whole Asian continent.

Alipay+ A Global Payment Solution

The worldwide and unified digital payment system Alipay+, created by Ant Group, enables businesses to easily integrate with a variety of e-wallets, banking applications, and other digital payment methods internationally. With a global reach, Alipay+ links millions of retailers with more than 1 billion mobile-savvy customers, enabling quick and safe payment processes as well as access to exclusive offers, advantages, and services from retailers all over the world.

Chinese travelers may now make purchases and take advantage of incentives at countless shops, restaurants, taxis, and tourist sites in Italy thanks to the cooperation between Alipay+, Tinaba, and Banca Profilo as acquirers, which started in 2019. The relationship, which provides a smooth payment experience free from language and currency constraints in Italy, is now spreading to Asia, further boosting the convenience of cross-border payments.

Leadership Perspectives on the Partnership

Matteo Arpe, President of TINABA, expressed his pride in this historic expansion, stating, “The further expansion of our historic partnership with Alipay allows Tinaba customers to travel around the world and pay with their cell phones safely and in their own language without worrying about cash and foreign exchange anymore. We are especially proud because we are the first European operator with this unique technological offering, through the union of the typically Western credit card payment network with the Eastern one based on QR Code technology offering our customers, even very young ones, the possibility to move around the world safely just with their cell phones.”

By delivering cheap exchange rates, digital services, and promotions leveraging the ease of QR code payments, Guoming Cheng, General Manager of Ant Group in Europe and the Middle East, hopes to further link Italian and European travelers to Asian markets through the cooperation. He applauds Tinaba for its unique and progressive approach to mobile fintech and thinks that Banca Profilo’s wide range of products would help them develop.

The CEO of Kakao Pay, Shin Won-Keun, promises to encourage actively Italian tourists traveling to Korea who use Tinaba to pay at Kakao Pay-affiliated merchants without the need for currency conversion. He highlights once more their dedication to giving both Italian and Korean consumers of their revolutionary payment systems, Kakao Pay and Tinaba, the most comfortable experience possible.