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April 19, 2017

ACI Worldwide partners with Alipay for payment acceptance

By Patrick Brusnahan

ACI Worldwide and AliPay, a Chinese payments platform operated by Ant Financial Services Group, have partnered to enable merchants across Europe, Middle East and Africa to transform in-store experience for Chinese shoppers.

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The partnership will allow vendors to accept Alipay payments from Chinese consumers, and send them relevant information and offers as they arrive in a country.

Alipay has nearly 60% of the Chinese market share for mobile wallets, with a customer base of more than 450 million. Over two million brick-and-mortar merchants accept Alipay across China.

Alipay’s head of Europe, Middle East and Africa Rita Liu said: “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.”

ACI Worldwide merchant solutions senior vice president Markus Rinderer said: “We are proud to partner with the largest mobile payment platform in the world, to bring an innovative omni-channel solution to merchants and the payments service providers that support them across many countries where Chinese tourism continues to rapidly increase.

“Transforming the experience for Chinese shoppers—and making it face-to-face without any barriers—brings value to all parties concerned, and supports our vision of enabling universal connectivity across the payments ecosystem.”

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

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