PH bank AUB takes e-wallet overseas with Alipay+ partnership

HelloMoney users can now pay via QR code in South Korea, Malaysia, and Hong Kong.

Philippine-based Asia United Bank (AUB) has teamed up with Alipay+ to expand the coverage of its e-wallet HelloMoney abroad.

HelloMoney users can now pay via QR code in Alipay+ merchant stories across South Korea, Malaysia, and Hong Kong.
 
In South Korea, HelloMoeny users can scan the ZeroPay QR, the country’s public QR-code-based digital payment service available in over 1.7 million merchants. 
 
In Malaysia, HelloMoney users can scan DuitNow QR, the country’s National QR Standard operated by PayNet, available in over 1.8 million merchants.
 
Launched by AUB in 2019, HelloMoney enables users to open an account without going to a physical branch and perform bank-to-bank fund transfers, buy prepaid load, remit money through PeraPadala, pay via QR code, settle bills, withdraw via ATM, and shop online using HelloMoney’s very own virtual Mastercard. 

Members of state-owned Pag-IBIG Fund can also manage their account and perform banking transactions through the Pag-IBIG Loyalty Card Plus via HelloMoney.
 
As of end-October 2023, the number of HelloMoney transactions has reached 30 million, a 65% increase compared with 19 million in the same period a year ago. The value of transactions reached $2.05b (P115b), 82% higher than year-ago’s $1.12b (P63b).

(US$1 = PHP55.92; as of 2 February 2024, 12:08PM)