Akulaku PayLater becomes first BNPL wallet in SE Asia to partner with Alipay+
Akulaku, a banking and digital finance platform based in Southeast Asia, reports that its Akulaku PayLater buy now pay later solution is now available to Indonesian consumers at Alipay+’s global merchants.
“This partnership will lead to a more advanced and convenient financial landscape for customers in Indonesia and throughout Southeast Asia,” said Fan Zhang, CFO at Akulaku.
“Through Alipay+, we will quickly scale the pool of merchants accepting Akulaku PayLater, giving our consumers an enhanced user experience and improving the market competitiveness of BNPL products.”
“The combined resources will reach underserved markets with immediate financial services,fostering growth within these regions across industries.”
“As a newly emerged but rapidly adopted digital payment method, BNPL brings inclusive financial services to the underbanked communities," says Cheng Guoming, General Manager, Global Partnerships, Alipay+,
"We see BNPL an important part of the digital payment ecosystem, and are excited to reach this partnership with Akulaku PayLater to enable the communities in Indonesia and other potential markets to enjoy seamless and convenient cross-border payment services and enrich their daily lives through global shopping experience."
Akulaku and Alipay+ say that they are looking at further extending their partnership to other markets in Southeast Asia.
