Macao's fintech pioneer leads in digital new consumption, expanding GBA presence

"Since its establishment, MACAU Pass has strengthened its payment and service networks — from finance and transport to daily life — using 'hard connectivity' in infrastructure and 'soft connectivity' in services to foster an 'emotional connection' through culture," said an executive from MACAU Pass.

Moreover, the mCard is accepted across public transport and nearly 30,000 local businesses, while MPay serves around 1.5 million users with a one-stop digital platform, expanding business potential and improving efficiency, he said.

In addition, as a globally renowned tourist destination, Macao is accelerating its development as a "World Tourism and Leisure Center" under the "Tourism+" strategy, and MACAU Pass has teamed up with Alibaba, Ant Group and other partners to help revitalize the city's tourism sector, fostering the deep integration of "tourism + technology".