Liquid Group Pte. Ltd. and Aplus Co. Ltd. announced their partnership, which will enable cross-border QR payments for inbound transactions in Japan.

Aplus becomes Liquid Group's first XNAP acquirer in Japan, and XNAP digital wallets will be progressively accepted across Aplus' nationwide merchant network in Japan. This partnership ensures multiple XNAP digital wallets from multiple nations, initially from Singapore, to be accepted by Aplus' nationwide merchants in Japan. Liquid Group's XNAP platform now extends to major markets including Singapore, Malaysia, Thailand, Philippines, Vietnam, Cambodia, Hong Kong, Taiwan, Mainland China, and South Korea.

The XNAP digital wallets in these markets will be able to expand into the Japan market as soon as they are ready, through Aplus' merchants network. Liquid Group, headquartered in Singapore, operates XNAP, a regional QR payment acceptance network that enables the cross-border acceptance of payment schemes and digital payment apps. Aplus, as the main subsidiary of Shinsei Bank, offers comprehensive financial services for consumers and merchants, including consumer credit services, settlement services, acquiring of merchants for domestic and foreign QR code payments and so on.

Aplus is a principal member of major international payment networks for both issuing and acquiring roles.