Wirecard has partnered with Alipay to introduce a mobile payment acceptance technology on the European market for QR code-based alternative payment methods.
Alipay operates as an online payment platform of China-based e-commerce firm Alibaba.
Known as Scan Alipay app, the new payment offering will initially be available on iOS devices and can be used by retailers without point-of-sale (PoS) integration. An Android version will be released later.
The solution provides retailers a simple entrance to benefit from Alipay payment acceptance. It can also be used by large retail chains as a way to implement Alipay as a new payment method without large integration efforts at selected PoS.
Alipay head of Europe Rita Liu said: “We are pleased that our partnership with Wirecard is developing so well. With the new app, we offer a simple possibility to deploy the Alipay acceptance that generated a mobile payment experience which will benefit retailers in Europe, and consumers from Asia, alike.
“Our customers have a strong sense of loyalty to the Alipay brand. We are sure that tourists will look to use this domestic payment method in Europe more and more often.”
Wirecard executive vice president of mobile services Jorn Leogrande said: “The Alipay solution is unique within Europe and around the world. We are proud to take this step together with Alipay, which will provide the easiest way for retailers in Europe to offer this Chinese payment method.
“We see great potential in the growing number of Chinese tourists and businessmen travelling to Europe. This is why we also plan to strengthen our collaboration in the future, so that we can win over the target market with state-of-the-art payment solutions.”