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Online Payments

Alipay, Adyen to streamline global payments for users, merchants, businesses

Wednesday 28 August 2019 | 08:22 AM CET

Adyen has teamed up with Alipay to support Alibaba, the operator of global retail commerce business offering services to consumers, merchants, and brands.

As per the agreement, Adyen will facilitate payments outside of Chinese mainland for AliExpress, Taobao, Tmall, and Alibaba.com as the Alibaba Group looks to streamline existing payment management operations.

Adyen's solutions are aimed to provide high approval rates, and streamlines settlement cycles and the access to granular data insights to optimise the payment process. The company's solution also offers Alibaba the ability to turn on additional payment methods to build trust with local customers.

For more information about Adyen, please check out a detailed profile of this company in our dedicated, industry-specific online company database.

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