Boost, a Malaysia-based regional fintech player, announced Thursday a significant expansion of its cross-border payment capabilities through a new integration with UnionPay International (UPI).
Boost said in a statement that this also includes direct acceptance at Weixin Pay QR merchants in China – Weixin Pay is also known internationally as WeChat Pay and extends Boost’s reach into one of the world’s most advanced digital payment ecosystems.
This cross-border payment milestone strengthens Boost’s vision of embedding financial technology into everyday life.
By closely integrating Boost’s payment services with its digital banking capabilities, Boost users can transact securely and effortlessly no matter where they are in the world through one trusted, familiar platform.
With seamless embedded financial features like Boost PayFlexTM and auto top-ups linked to Boost Bank savings accounts, users can now enjoy greater convenience and control, even while spending abroad.
This expansion is available under Boost’s “Scan & Pay” feature and requires no additional app or registration, ensuring a frictionless experience.
Through this latest enhancement, Boost users can pay like a local in China by scanning QR codes, including static codes, across major retail outlets; spend with ease globally at participating UnionPay merchants in Singapore, Thailand, Brunei, Vietnam, Cambodia, Korea, Australia and more.
They can also transact overseas and have direct accessibility and control of funds to key features such as Boost eWallet Top-up, PayFlexTM Cash-in, and Boost Bank auto-add money through seamless embedded financial services; experience transparency and confidence with real-time foreign exchange rates, clear fee breakdowns, and live transaction history in-app.
“The Boost eWallet has always been the stepping stone for us in building a broader ecosystem of integrated financial services,
“With our embedded banking journey now in full motion, users don’t need to switch platforms as they can access banking features like Boost PayFlexTM and top-ups from Boost Bank directly within the Boost eWallet app,” said Ungku Liza, Chief Executive Officer of Boost Life.
“This cross-border expansion takes that promise further,
“By tapping into UnionPay’s global footprint and dominant presence in China, Boost users can now enjoy cashless transactions across borders with ease wherever they go,” he added.
Meanwhile, Sheyantha Abeykoon, Group Chief Executive Officer of Boost, said that the firm’s integration with UnionPay International and Weixin Pay further strengthens its mission to build a future where digital financial access is intuitive, empowering and truly universal.
“Boost users can now travel the world with confidence knowing that our solutions offer the same reliability abroad as at home, for a truly borderless financial experience,
“As the region becomes more connected, Boost remains committed to shaping a future where access and empowerment are embedded into the daily lives of our users, putting them at the center of a more inclusive financial ecosystem,” he added.
Dr. Jian Jiangtao, Managing Director of UnionPay International Southeast Asia Branch, said that UnionPay International is committed to advancing cross-border payment interoperability through strategic partnerships that enhance the global payment ecosystem.
“Our collaboration with Boost represents a continued effort to provide more users with secure, efficient, and widely accepted QR code payment solutions,
“By enabling Boost users to transact seamlessly within UnionPay’s global acceptance network, we aim to support the growing demand for frictionless digital payment experiences for travellers,” he added.
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