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Ant International’s global growth surges, led by Alipay+
Ant International, a branch of Ant Group, announced growth in its main business areas.
The rise was linked to expansions in Alipay+, Antom, WorldFirst, and Embedded Finance.
Alipay+, a cross-border mobile payment platform, connects over 90 million merchants across 66 markets to 1.6 billion user accounts. This is an increase from 88 million merchants in 57 markets with 1.5 billion accounts in December 2023.
Cross-border transactions through Alipay+ have tripled in 2024, although specific transaction values remain undisclosed.
WorldFirst, which handles global B2B payments for Ant International, reported a US$100 billion annual payment volume, marking a quadruple leap from its 2020 figures.
Furthermore, Antom, catering payment services to merchants, nearly doubled its payment volume from January to November 2024. Card processing volumes rose over tenfold. Transaction values for Antom were not shared.
🔗 Source: South China Morning Post
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