Ant Financial, the financial affiliate of Alibaba group, has announced a partnership with Fave, Groupon’s successor in Southeast Asia, to provide cross-border payment. The tie-up will first bring this service to Singapore.

Through this deal, Alipay users will be able to make payments via the Alipay app at restaurants and offline retailers that are part of the Fave ecosystem and gain special access to offers and rewards, much similar to its partnership with local O2O service providers in Chinese market.

Unsurprisingly, the service will first target Chinese outbound tourists to SEA, which is becoming an increasingly popular destination for Chinese travelers.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.