ACE Money Transfer Partners with Alipay to Revolutionize Global Remittances

16 February 2025 | Sunday | News

The strategic collaboration expands ACE’s global network, providing secure, seamless money transfers to over 39.5 million Chinese diaspora members worldwide.
Picture Courtesy | Public Domain

Picture Courtesy | Public Domain

In a groundbreaking move, ACE Money Transfer, a leading international remittance provider, announces a partnership with Alipay, one of the world's dominant digital payment platforms. This integration marks a significant milestone for ACE, seamlessly integrating Alipay into its existing network of over 375,000 payout locations and unlocking a world of secure and convenient money transfers for its global customer base, with a particular focus on the vast 39.5+ million Chinese diaspora.

Rashid Ashraf, CEO of ACE Money Transfer, shared the company's vision: "This partnership with Alipay is a transformative moment for ACE Money Transfer. By joining forces with Alipay, we're not just expanding our network; we're directly impacting millions. The partnership will enable tens of millions of Chinese citizens across 130 countries and regions worldwide to send money to loved ones with a secure and efficient channel, fueling financial lifelines for countless families."

The ACE Money Transfer-Alipay partnership offers a multitude of advantages for customers, particularly those within the Chinese diaspora, including:

Unmatched Convenience: Effortlessly receive international transfers directly into Alipay wallets or bank cards tied to Alipay account.

Safety and Security: Both ACE and Alipay prioritize the highest levels of security, ensuring every transfer reaches its destination safely.

Global Network Powerhouse: With ACE's expansive reach combined with Alipay's strong base in China, users have a wider range of options for receiving funds.

Survey Box

Vote for the most influential trend in 2025:

What's Driving the Future of FinTech?v

× Please select an option to participate in the poll.
Processing...
× You have successfully cast your vote.
 {{ optionDetail.option }}  {{ optionDetail.percentage }}%
 {{ optionDetail.percentage }}% Complete
More polls
Stay Connected

Sign up to our free newsletter and get the latest news sent direct to your inbox

Fintech Business Asia, a business of FinTech Business Review
© 2025 FinTech Business Review. All Rights Reserved.

Show

Forgot your password?

Show

Show

Lost your password? Please enter your email address. You will receive a link to create a new password.

Back to log-in

Close