Cash & Liquidity ManagementPaymentsElectronic/MobileACI Worldwide in new venture with Alipay

ACI Worldwide in new venture with Alipay

The electronic payments specialist and China’s largest mobile payment provider said merchants across the EMEA region can now accept Alipay payments from Chinese shoppers.

Global payments provider ACI Worldwide is expanding its relationship with Alipay – China’s largest mobile payment provider – in a move that will enable merchants across Europe, the Middle East and Africa (EMEA) to accept Alipay payments from Chinese shoppers. The Alipay platform allows merchants to send relevant information and offers to Chinese consumers as they arrive in a country, attracting them to stores, restaurants, attractions and other locations of interest.

Described as a ‘Global Lifestyle Super App,’ Alipay is the world’s largest mobile payment platform with around 60% of the Chinese market share for mobile wallets. This latest collaboration with ACI Worldwide opens up “the opportunity for Alipay shoppers to have an enhanced face-to-face, in-store experience.”

“The Alipay platform has a highly-engaged user base in China. We’re pleased to be able to offer this growing base a ‘home-away-from-home’ experience, while giving merchants the ability to push relevant offers and information directly to them,” said Rita Liu, head of Alipay EMEA.

Related Articles

Cashless economy puts financial inclusion at risk

Banking Risk Management Cashless economy puts financial inclusion at risk

4w Benjamin Anderson
Putting GDPR and PSD2 in silos may be problematic: AccessPay execs

Banking Putting GDPR and PSD2 in silos may be problematic: AccessPay execs

4m Victoria Beckett
Impatient innovation: the race to go real-time in commercial banking

Banking Impatient innovation: the race to go real-time in commercial banking

4m James Methe
Keeping track of treasury in a world of faster payments

Clearing & Settlement Keeping track of treasury in a world of faster payments

6m Jerald Seti
Do carrier billing payments have a future under PSD2?

EEA Do carrier billing payments have a future under PSD2?

7m Victoria Beckett
The next generation of contactless payments

Electronic/Mobile The next generation of contactless payments

7m Alara Basul
The future is mobile, regardless of regulations

Electronic/Mobile The future is mobile, regardless of regulations

7m Victoria Beckett
Going cashless or not: are Central Banks resigning facing private companies?

Electronic/Mobile Going cashless or not: are Central Banks resigning facing private companies?

8m Nathan Evans