Adyen, a Netherlands-based payments platform, has entered into a partnership with Alipay to allow retailers around the globe to accept mobile payments from Chinese customers in store.
Following the agreement, retailers using Adyen’s point of sale (POS) platform can accept payments from Chinese consumers paying with mobile devices that has Alipay app installed.
Go deeper with GlobalData
The current in-store solution Adyen retailers use is integrated with the latest Adyen-Alipay solution. The Alipay payment option is added as a new option to the existing payment terminal.
Alipay North America president Souheil Badran said: “Europe and the U.S. are popular destinations for the Chinese tourists, so it’s vital that retailers are able to cater to their needs. Given the capabilities built into Adyen’s omnichannel service for retailers, as well as Alipay’s included marketing solution, we look forward to enhancing what it means to deliver an integrated retail solution for retailers.”
Adyen chief commercial officer Roelant Prins added: “Chinese tourists are an important audience for retailers to consider. At Adyen, we’re committed to making payment processes as easy as possible for retailers, while delivering a great experience for customers. Our partnership with Alipay helps retailers unlock an enormous opportunity to grow and gain more revenue. For Chinese customers traveling abroad, they will encounter the payment experience they are used to while at home.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
