Kaspi.kz and Alipay+ Unite for Seamless China Payments

Kazakhstan’s leading financial technology firm, Kaspi.kz, partnered with Alipay+, a global e-wallet leader, to transform cashless transactions for Kazakhstani travelers in China, as highlighted in Fintech Global News. This strategic partnership aims to empower travelers from Kazakhstan to effortlessly make QR code payments across China’s vast retail landscape.

Kaspi.kz, known for its innovative financial technology, provides the Kaspi.kz Super App for consumers and the Kaspi Pay Super App for merchants. The firm focuses on enhancing everyday transactions, solidifying its reputation as a frontrunner in fintech.

Alipay+, a branch of Ant International, is recognized for its seamless mobile payment services worldwide. As a global leader, it aims to facilitate convenient digital finance through innovation and reliability.

This collaboration promises to redefine how Kazakhstani travelers pay in China, enabling cashless transactions in over 80 million retail locations, from cafes to taxis. Mikhail Lomtadze, CEO and Co-founder of Kaspi.kz, emphasized the significance of the partnership, noting: «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, added: «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. 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.»