Adyen expands partnership with Alipay for mobile payments
Payments platform provider Adyen has expanded its partnership with Alipay to enable retailers worldwide to more easily accept non-cash payments from Chinese customers in store, according to a press release.
The partnership enables retailers using Adyen's point-of-sale product to take payments in store from Chinese consumers paying with their Alipay-enabled mobile device. The Adyen-Alipay product is integrated into the current in-store product Adyen retailers use, so there's no need for additional terminals or devices.
The Alipay payment option is simply added as a new option to the existing payment terminal.
"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," Souheil Badran, president of Alipay North America, said in the release. "Given the capabilities built into Adyen's omni-channel 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."