The winning institution focuses on bridging local digital payment methods, having connected 1.5 billion retail customers of over 25 local e-wallets, banking apps, and BNPL apps to an extensive network of 88 million merchants across 57 markets.

To do so, the winner has partnered directly with over 20 other banks around the world. Besides working with local acquiring partners, the winner has also been collaborating with National QR systems such as PayNet in Malaysia, ZeroPay in South Korea, and LankaPay in Sri Lanka to boost cross-border travel and contribute to the growth of local businesses.  

For offering a low-cost, frictionless and seamless cross-border payment experience to the customers, the award of Best Digital Payments Solution goes to Alipay +.