Malaysia's Touch 'n Go sees payoff from Ant Group joint venture with e-wallet service in world's largest e-payments market
A Malaysian smart card company, a tiny player in the global online payments business, is hoping to learn from established giants Alipay and WeChatPay as it expands its e-wallet service into China, the world's largest e-payment market. Touch 'n Go Group, majority owned by CIMB, announced its cross-border payment expansion into China last November through a partnership with Alipay+, the global cross-border digital payments solution offered by Chinese fintech giant Ant Group. "It's just as if you'r