Barclaycard inks UK Alipay in-store payments agreement
Following a pilot which took place over the past two years, Barclaycard has announced an agreement allowing UK retailers to accept Alipay transactions in their stores.
Barclaycard says that it is in discussions with around 70 clients interested in becoming early adopters. Rob Cameron, CEO, Global Head of Payment Acceptance, states: “Thanks to the significant investments we’ve made in our platform, our clients have access to a growing range of payment types, each of which can help them increase market share by meeting the needs of new customers.”
“Our new agreement with Alipay gives retailers a vital tool to help them seize the revenue opportunity posed by the growth of Chinese visitors to the UK. At the same time, Alipay users will benefit from a more convenient and familiar in-store payments process – enhancing their overall shopping experience.”
Roland Palmer, Head of Europe, Middle East and Africa at Alipay, comments: “Through this strategic partnership, we will now be able to offer many more UK merchants the opportunity to connect and engage with a growing number of Chinese visitors. This is another step forwards in our vision to offer Chinese tourists a seamless travel and payment experience when travelling overseas.”
