Adyen announces Alipay partnership

Adyen is collaborating with Alipay, which is operated by Ant Financial Services Group to support payment methods for the AliExpress, Taobao, Tmall and Alibaba brands globally.

It will facilitate payments outside of mainland China. “Adyen’s products are built with fast-growing, fast-moving businesses like Alibaba in mind. The company is designed to deliver real-time, data-driven and quickly scalable payment options,” says Clara Shi, Head of Financial Institution Strategic Partnership, International Business Group, Alipay.

“Alipay can utilise Adyen’s rich insights into payment authorisation to help ensure higher transaction approval rates and an elevated level of user experience for our customers. We look forward to continuing our growth trajectory with Adyen.”

“Our goal is to remove complexity from the payment process. Our solutions are created for fast-growing global giants like Alibaba who want to create a frictionless, uniform experience for their customers regardless of geography. We’re pleased to partner with Alipay and to be part of Alibaba’s journey as they seek to enter new markets and acquire new customers,” comments Warren Hayashi, President of Adyen, Asia-Pacific.