Online payment processor Allied Wallet has added support for Alipay, a Chinese payments platform operated by Ant Financial Services Group.
Allied Wallet has a user base of 150 million in 196 countries. The addition of AliPay, which has over 520 million users, is intended to simplify transactions between China, US, and the world.
“Accepting basic Visa and MasterCard credit or debit cards are a necessity for doing business these days, but it is important to remember how impactful it can be to widen your horizon as a business owner and accept payments from China and other regions,” the payment processor said in a statement.
Allied Wallet CEO Andy Khawaja said: “The internet has connected people of all countries and created a global marketplace, and we’re happy to support that. This new partnership with AliPay will allow us to connect millions upon millions of users – even more than we already do – and grow global economies.”
Allied Wallet offers PCI-compliant services for businesses of almost all sizes.
The payment processor offers a payment gateway to optimise transactions for various types of firms such as restaurants, supermarkets, hotels, and car rental companies.
Earlier in August, Allied Wallet recently won the M&A award for Best Transactions Processing Platform for 2018.