Thank you for subscribing.

Please check your email to confirm.

Unsubscribe success..

You already subscribed and confirmed.

Please check your email.

You already subscribed.

Please check your email to confirm.

Alipay Partners with Adyen to Enhance Global Payment Process
Alipay Partners with Adyen to Enhance Global Payment Process
Ant Financial building. Image credit: Ant Financial website
Associated Company
蚂蚁金服 蚂蚁金服

Ant Financial Services Group’s payment and lifestyle platform Alipay announced a collaboration with Adyen, the payments platform of choice for many of the world’s leading companies, on August 28.

In cooperation with Alipay, Adyen will support payment methods for Alibaba Group, the world’s largest retail commerce business operator. With this partnership in place, Adyen will facilitate overseas payments for AliExpress, Taobao, Tmall and Alibaba.com as the Alibaba Group seeks to improve and streamline existing payment management operations.

“Alipay can utilize Adyen’s rich insights into payment authorization to help ensure higher transaction approval rates and an elevated level of user experience for our customers. We look forward to continuing our growth trajectory with Adyen,” said Alipay’s Head of Financial Institution Strategic Partnership.

In addition to optimization of the payment process, Alibaba may also turn on additional payment methods quickly to build trust with local customers.

Adyen is a payment platform that integrates gateway, risk management, processing, acquiring, and settlement of payments for directly connecting merchants to Visa, MasterCard, and other payment methods, as well as sales channels, including its merchants’ online, mobile, and point-of-sale channels.

Launched in 2004, Alipay currently serves over 1 billion users with its local e-wallet partners. Its in-store payment service covers over 50 markets across the world, and over 250 overseas solution providers work with Alipay to enable cross-border payments for Chinese travelling abroad and overseas customers using Alibaba e-commerce sites.

Enterprise Information

提供普惠金融服务的科技企业
CATEGORIES: Finance, Consumption Finance, Loan, Staged Consumption, Fintech, Big Data Credit, Big Data Risk Control, Wealth Management Platform, Payment, Online Payment
Last Funding Type
Strategic Investment
Number of Employees
1001-5000
Number of Funding Rounds
4

Enterprise Information

蚂蚁金服
提供普惠金融服务的科技企业
CATEGORIES: Finance, Consumption Finance, Loan, Staged Consumption, Fintech, Big Data Credit, Big Data Risk Control, Wealth Management Platform, Payment, Online Payment
Last Funding Type
Strategic Investment
Number of Employees
1001-5000
Number of Funding Rounds
4

Reach the Author!

Ask the author questions about the copied text

MOST READ

THE LATEST

Any Question

EqualOcean is an international information service provider and investment research firm that aims to become a global platform for industrial innovation.

We strive to make technology inclusive, accessible and transparent.

Join over 70,000 of your peers