DBS & Ant International Partner for Cross-Border Payments
Update: 2025-11-13
Description
DBS Group and Ant International unveil a major partnership, aiming to revolutionize cross-border payments and financial technology services. Users of DBSs PayLah! app will soon enjoy QR code payments at over 150 million merchant locations across 100+ markets, thanks to Ants Alipay+ network. The companies also plan to offer near-instant money transfers between DBS customers and Alipay+s 1.8 billion accounts. Beyond payments, the partnership will focus on digital tools for small businesses and blockchain for tokenized deposits, fostering inclusive growth and innovation in the region.
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