Britain’s Unlimint partners with China’s Alipay+ to expand global online payment

Unlimitedthe UK-based fintech company announced on Wednesday that it has partnered with Ant Group Alipay+ to expand its global online payments portfolio.

This partnership will further strengthen Unlimint’s global offering and open up new opportunities for e-commerce and online businesses worldwide, enabling them to better reach the more than one billion users of digital payment tools brought by Alipay+, the two parties said in a statement.

New and existing Unlimint merchants in industries such as digital commerce, e-learning, gaming, and software as a service (SaaS), among others, will now have access to a host of e-wallets and e-wallets. banking applications across Asia, enabling them to improve customer service and streamline existing payment management operations. It will also allow them to expand their reach and sell to millions of new customers in the Asia-Pacific (APAC) region.

“We are extremely excited to partner with Alipay+ and add new payment features to our unique solution. This is a major step in our journey to strengthen our APAC offering and boost cross-border payments for millions of people in the region,” said Irene Skrynova, Chief Customer Officer of Unlimint.

“Over the past few years, we have been focused on creating critical strategic partnerships with alternative payment methods around the world, so that we can ensure that we can successfully meet the expansion needs of our existing customers and worldwide, in addition to providing international credit and debit card processing through our direct acquiring partnerships with Visa, Mastercard, JCB, UnionPay, Diners Club and Discover Alipay+ will allow us to open new doors to merchants around the world and prepare them for whatever the “payment world of tomorrow” has in store for them,” she added.

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 payment methods, including e-wallets and banking apps, such as GCash in the Philippines, Kakao Pay in South Korea, Klarna in Europe as well as Alipay in China.

Through innovative technologies and solutions, Alipay+ offers a simple way to capture digital-first customers and makes it easier and easier for merchants to serve users of leading digital payment service providers in Asia. In particular, thanks to the one-stop integration function provided by Alipay+, payment services and merchants can access all existing and later integrated digital payment methods brought by the solution through a unified interface and standardized business rules. , and without additional technical adaptation.

According to research, by 2025, the volume of non-cash transactions in the APAC region is expected to exceed one trillion. Between 2021 and 2025, the number of mobile wallets used only in Asia-Pacific is expected to more than double. A recent study by Deloitte indicates that the next three years will be the “golden period” for the development of digital commerce for the APAC region, and the Southeast Asian market ranks among the top three of all markets. of sales in Asia-Pacific countries.

“Alipay+ solutions help merchants innovate, connecting them to global customers, through their wallet or their favorite banking app, providing both payment and marketing services. We value our collaboration with Unlimint, an acquirer who has successfully integrated their payment platform with relevant European digital merchants, paying great attention to the entire shopping experience. Alipay+ will help Unlimint further expand merchants’ access to several leading payment methods, with a single, simple integration through a unified payment and marketing solution,” said Piero Candela, Head of Business Development Europe at Ant Group.

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