Worldline Expands Payment Offering for Global Merchants
- The company has announced the integration of Alipay+ into its global portfolio.
- The enhanced offering will support merchants through a wide range of digital payment options.
Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term and transactional services giant, Worldline has announced the expansion of in-store and e-commerce payments for global merchants through the integration of Alipay+.
The rollout, which is expected to start in 2022, will facilitate merchants in mobile and other digital payment methods. With the latest integration, Worldline has become the first acquirer to establish a full-scale multi-country integration with Alipay+.
Operated by Ant Group, Alipay+ was introduced in 2020. The product supports a broad range of digital payment methods, including e-wallets and bank apps. According to Worldline, the expanded payment solution will work with the company’s terminal and applications.
“We are very happy to extend our partnership with Ant Group which has been a trusted partner for several years. We are particularly proud to be the first acquirer to form this partnership in Europe with such a globally recognized and respected brand. At Worldline, our key ambition is to create maximum simplicity for both merchants and their customers in order to provide a smooth payment journey. By supporting the acceptance of Alipay+, we will help our customers in Europe to offer Asian shoppers and tourists a secure, trusted and easy payment experience,” Vincent Roland, the Managing Director of Merchant Services at Worldline, commented.
Last month, Worldline announced a new strategic plan to accelerate its expansion. The fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term firm outlined that it is planning to recruit around 5,000 people globally in the next few months.
Ant Group
In the global technology sector, Ant Group is one of the largest players. With Alipay+, the Group is facilitating leading organizations through innovative financial solutions.
Angel Zhao, the President of Ant Group’s International Business Group, said: "Worldline and Ant Group are longstanding and trusted partners. Therefore, we know Worldline's expertise will make a fundamental contribution to our mission of enabling European companies to reach, target, and sell to global consumers, enabling payments, promotions and digital services with a simple POS & E-Commerce integration.”
Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term and transactional services giant, Worldline has announced the expansion of in-store and e-commerce payments for global merchants through the integration of Alipay+.
The rollout, which is expected to start in 2022, will facilitate merchants in mobile and other digital payment methods. With the latest integration, Worldline has become the first acquirer to establish a full-scale multi-country integration with Alipay+.
Operated by Ant Group, Alipay+ was introduced in 2020. The product supports a broad range of digital payment methods, including e-wallets and bank apps. According to Worldline, the expanded payment solution will work with the company’s terminal and applications.
“We are very happy to extend our partnership with Ant Group which has been a trusted partner for several years. We are particularly proud to be the first acquirer to form this partnership in Europe with such a globally recognized and respected brand. At Worldline, our key ambition is to create maximum simplicity for both merchants and their customers in order to provide a smooth payment journey. By supporting the acceptance of Alipay+, we will help our customers in Europe to offer Asian shoppers and tourists a secure, trusted and easy payment experience,” Vincent Roland, the Managing Director of Merchant Services at Worldline, commented.
Last month, Worldline announced a new strategic plan to accelerate its expansion. The fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term firm outlined that it is planning to recruit around 5,000 people globally in the next few months.
Ant Group
In the global technology sector, Ant Group is one of the largest players. With Alipay+, the Group is facilitating leading organizations through innovative financial solutions.
Angel Zhao, the President of Ant Group’s International Business Group, said: "Worldline and Ant Group are longstanding and trusted partners. Therefore, we know Worldline's expertise will make a fundamental contribution to our mission of enabling European companies to reach, target, and sell to global consumers, enabling payments, promotions and digital services with a simple POS & E-Commerce integration.”