Kazakhstan’s pioneering financial technology firm, Joint Stock Company Kaspi.kz, has joined hands with the renowned e-wallet giant Alipay+ to redefine the landscape of cashless transactions in China.
The strategic partnership aims to empower travellers from Kazakhstan with the ability to make seamless QR code payments across China, leveraging the innovative capabilities of Kaspi.kz’s Super App and Alipay+’s extensive network.
Kaspi.kz, known for its innovative approach to mobile finance, operates the Kaspi.kz Super App catering to consumers and the Kaspi Pay Super App tailored for merchants. With a focus on enhancing everyday transactions, Kaspi.kz has established itself as a frontrunner in the financial technology sector.
Alipay+, an integral arm of Ant International, stands tall as a global leader in e-wallet services. Renowned for its seamless mobile payment solutions, Alipay+ is committed to facilitating convenient transactions worldwide, exemplifying innovation and reliability in the digital finance realm.
The collaboration between Kaspi.kz and Alipay+ is set to redefine the payment landscape for travellers from Kazakhstan in China. By harnessing the power of QR code payments, customers can enjoy cashless transactions at over 80 million retail locations, including stores, cafes, and taxis, across the vast expanse of China.
Expressing his enthusiasm for the partnership, Mikhail Lomtadze, CEO and Co-founder of Kaspi.kz, remarked, “Many Kazakhstanis work, study and vacation in China. We constantly receive feedback from our customers – how nice it would be to pay for purchases abroad as easily as in Kazakhstan. We are happy to announce, that in partnership with AliPay+, we have launched a new service. Now with the Kaspi.kz Super App our customers can pay for almost any goods at retail outlets throughout China. We thank AliPay+ for their partnership and each of our customers – for being with us!”
Venetia Lee, Greater China General Manager of Ant International, said, “Alipay+ is thrilled to announce our partnership with the first and leading e-wallet Super App in Kazakhstan. Together we will enable a seamless mobile payment experience in the Chinese mainland for the many Kaspi.kz mobile-savvy users.” She added that, “While this partnership will enhance the travel and shopping experience for Kaspi.kz users, we will continue to build on our innovative technology and service excellence to bring people and communities closer through travel, trade and commerce.”
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