Unlimint has partnered with Alipay+ to expand its global online payments portfolio
By Joy Dumasia
June 01, 2022
- group of ants
- Cross-border payments
Unlimited announced its partnership with Alipay+ to further 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. provided by Alipay+.
New and existing Unlimint merchants from industries such as digital commerce, e-learning, gaming and SaaS, among others, will now have access to many e-wallets and banking applications from across Asia, their to improve their customer services and streamline existing payment management. operations. It will also allow them to expand their reach and sell to millions of new customers in the APAC region.
“We are extremely excited to partner with Alipay+ and add new payment features to our unique solution. This is a major milestone on our journey to strengthen our APAC offering and boost cross-border payments for millions of people in the region,” noted Irene Skrynova, Client Director of Unlimint. “Over the past few years, we have been focused on building critical strategic partnerships with alternative payment methods around the world so that we can successfully meet the expansion needs of our existing and new customers around the world, 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 for 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, and 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. Especially with the one-stop integration feature 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 in use in Asia-Pacific is expected to 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 that the Southeast Asian market ranks among the top three of all markets in sale of Asia-Pacific countries.
“Alipay+ solutions help merchants innovate, connecting them to global customers through their preferred wallet or banking app, providing both payment and marketing services,” said Piero Candela, European Business Development Manager at Ant Group. “We value our collaboration with Unlimint, an acquirer that has successfully integrated its 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, through a single and simple integration through a unified payment and marketing solution.
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