Online payment processor Allied Wallet has added support for Alipay, a Chinese payments platform operated by Ant Financial Services Group.
Allied Wallet has a user base of 150 million in 196 countries. The addition of AliPay, which has over 520 million users, is intended to simplify transactions between China, US, and the world.
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“Accepting basic Visa and MasterCard credit or debit cards are a necessity for doing business these days, but it is important to remember how impactful it can be to widen your horizon as a business owner and accept payments from China and other regions,” the payment processor said in a statement.
Allied Wallet CEO Andy Khawaja said: “The internet has connected people of all countries and created a global marketplace, and we’re happy to support that. This new partnership with AliPay will allow us to connect millions upon millions of users – even more than we already do – and grow global economies.”
Allied Wallet offers PCI-compliant services for businesses of almost all sizes.
The payment processor offers a payment gateway to optimise transactions for various types of firms such as restaurants, supermarkets, hotels, and car rental companies.
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By GlobalDataEarlier in August, Allied Wallet recently won the M&A award for Best Transactions Processing Platform for 2018.
