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Mastercard & Ant Group Forge Global Payment Pathways With New Consumer Friendly Zones Program In Shanghai

Mastercard Incorporated (NYSE:MA) and Ant Group, along with 12 overseas payment partners of Alipay+ and other major international card organizations, launched the International Consumer Friendly Zones program in Shanghai. The partnership expansion aims to enhance global travelers’ travel experience and stimulate growth for local businesses in China. With this deal, Ant Group can now offer two digital payment alternatives for overseas visitors in China. Following the initial rollout of the program in Beijing and subsequent expansion to Guangzhou in April, Ant Group has been ...