Ingenico to enable the rollout of Alipay+ to millions of merchants and thousands of banks and acquirers with PPaaS, its cloud-based Payments Platform as a Service
PARIS and LISBON, Portugal, May 18, 2022 /PRNewswire/ — Ingenico, a Worldline brand, and Ant Group today announced details of their partnership that will allow acquirers and other payment service providers to implement Alipay+ seamlessly across their merchant networks using Ingenico’s PPaaS (Payments Platform as a Service) cloud-based solution.
PPaaS, leverages the power of the payments ecosystem by combining payments with added-value services for the new world of commerce. Integrating Alipay+ onto its cloud-based platform paves the way for a faster rollout of Alipay+ services to its clients and their merchants. Ingenico’s PPaaS clients – which include acquirers, payment service providers and Independent Software Vendors – will be able to configure Alipay+ on their payment terminals without the need for complex and expensive development, rollout and certification. Benefitting from this simplicity, Alipay+ will be able to extend its reach and accelerate its development, bringing its services – and users – to merchants seamlessly and quickly.
Launched in 2020, Alipay+ is a suite of global cross-border digital payments and marketing solutions operated by Ant Group. It supports a wide range of digital payments methods, including e-wallets, bank apps and buy-now-pay-later services, such as GCash in the Philippines, Kakao Pay in South Korea, Klarna in Europe as well as Alipay in China.
With innovative technologies and solutions, Alipay+ brings an easy way to capture digital-first customers and makes it easier and more convenient for merchants to serve users of leading digital payment service providers, especially those from Asia market. Especially, with the one-stop integration feature provided by Alipay+, payment services and merchants can access all existing and later-onboarded digital payment methods brought by the solution through a unified interface and standardized business rules, and without additional technical adaption.
Speaking about the partnership, which was announced at Paytech 2022 held in Lisbon on 18-19 May, Michael Balzer, PPaaS Director of Strategic Partnerships said: “PPaaS is all about enabling our clients to make new payment and commerce services available quickly and easily to their merchants. Alipay+ is a priority for many of our clients and they recognize that PPaaS will help them accelerate the rollout of this innovative solution to their merchants, allowing them to win and retain customers. This partnership with Alipay+ is a natural continuation of our partnership with Ant Group, one of PPaaS’ original Foundation Partners and a valuable source of advice and inspiration as we built our platform.”
Alice Zhan, Head of Marketing in Europe for Ant Group, commented: “Alipay+ provides innovative payment and marketing solutions that gives merchants the opportunity to reach more than 1 billion users of digital payment methods from Asia. We believe that through our cooperation with Ingenico, millions of merchants in Europe, connecting to Ingenico’s acquirers and payment institutions, can integrate to Alipay+ more efficiently and smoothly. Alipay+ will work together with Ingenico to better serve the merchants in Europe to connect to this large group of Asian consumers.”
Worldline [Euronext: WLN] is a global leader in the payments industry and the technology partner of choice for merchants, banks and acquirers. Powered by 20,000 employees in more than 50 countries, Worldline provides its clients with sustainable, trusted and innovative solutions fostering their growth. Services offered by Worldline include instore and online commercial acquiring, highly secure payment transaction processing and numerous digital services. In 2021, Worldline generated a proforma revenue close to 4 billion euros. https://www.ingenico.com/
Alipay+ provides global cross-border mobile payments and marketing solutions that enable merchants, especially small and medium-sized businesses, to better serve consumers around the world by collaborating with global partners.
Alipay+ is introduced by Ant Group, the owner and operator of Alipay. One of the world’s leading digital platforms, Alipay serves hundreds of millions of users by connecting them with merchants and partner financial institutions that offer inclusive financial services and digital daily life services. https://www.alipayplus.com/
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