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Macau Pass Hopes to Extend 'Alipay Tap!' Services to Whole Macau
Alipay, Macau Pass and SANDS CHINA LTD (01928.HK) announced earlier that they entered into a tripartite partnership to adopt "Alipay Tap!" payment services at about 300 s...
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Macau Pass Hopes to Extend 'Alipay Tap!' Services to Whole Macau
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Alipay, Macau Pass and SANDS CHINA LTD (01928.HK)  -0.080 (-0.478%)    Short selling $22.76M; Ratio 8.681%   announced earlier that they entered into a tripartite partnership to adopt "Alipay Tap!" payment services at about 300 shops in the Sands Resorts Macao.

Since the large-scale launch of "Alipay Tap!" function in Macao, the total transaction value of merchants with "Alipay Tap!" function reached several record highs. Some merchants reported that users' willingness to transact heightened, which led to an immense increase in the total amount of merchandise transactions and the volume of transactions, Macau Pass said.

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Macau Pass said that it will in future further unite its ecology with Alipay in the hope of expanding the coverage of the "Alipay Tap!" services to all of Macao and integrating it with more local services, such as food and beverage venues and "Alipay Tap!" self-service, so as to provide more convenient payment channels for tourists and merchants.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-02-06 12:25.)

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