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HomeEUROPE NEWSUzbekistan expands digital payment horizons with HUMO-Alipay partnership

Uzbekistan expands digital payment horizons with HUMO-Alipay partnership



TASHKENT, Uzbekistan, October 29. The national
payment system HUMO and the global payment platform Alipay+, owned
by Ant International, announced in Beijing the launch of a
collaboration aimed at developing inbound and outbound cross-border
QR payments, Trend
reports.

The first Uzbek e-wallet to be integrated with Alipay+ will be
Octomobile from Octobank. By the end of the year, other e-wallets
and banking applications connected to the HUMO network are expected
to join the system.

With this partnership, HUMO has become the tenth national
QR-code payment operator to join the Alipay+ partner ecosystem.

At the initial stage, HUMO users from Uzbekistan will be able to
make seamless payments in China and more than 50 countries
worldwide, including Kazakhstan, Thailand, the UAE, the USA, and
others – paying for shopping, dining, transport, and other services
in Uzbek soms via familiar banking applications or payment
methods.

“We are delighted to partner with Alipay+ from Ant
International. This agreement opens new opportunities for seamless
international travel for Uzbek users and creates real prospects for
business growth. HUMO, as a key component of the national payment
infrastructure, connects 35 banks and 42 non-bank financial
organizations. We look forward to further expanding our cooperation
with Alipay+,” said Maksad Mukhitdinov, First Deputy Chairman of
HUMO.




“We are excited to collaborate with HUMO, expanding Alipay+’s
presence in Central Asia and reaching over 45 million digital
wallet users. This partnership will enhance the travel experience
for Uzbek tourists, provide convenient payments and attractive
offers, and help Uzbek businesses accept international customers,
stimulating the growth of the country’s tourism economy,” said
Edward Yue, CEO of Alipay+ for Southeast Asia, Australia, New
Zealand, and South Asia.

Currently, Alipay+ collaborates with 40 e-wallets and banking
applications, as well as 10 national QR payment systems, connecting
over 100 million merchant points and 1.8 billion user accounts
worldwide.

In China, Ant International is the largest inbound payment
operator in terms of reach, number of scenarios, and transaction
volume. Its payment ecosystem supports seven international card
brands and 31 e-wallets from 12 countries and regions.



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