PR96046

Ingenico to enable the rollout of Alipay+ to millions of merchants and thousands of banks and acquirers with PPaaS, its cloud-based Payments Platform as a Service

PARIS and LISBON, Portugal, May 18, 2022 /PRNewswire=KYODO JBN/ --

Ingenico, a Worldline brand, and Ant Group today announced details of their

partnership that will allow acquirers and other payment service providers to

implement Alipay+ seamlessly across their merchant networks using Ingenico's

PPaaS (Payments Platform as a Service) cloud-based solution.

PPaaS, leverages the power of the payments ecosystem by combining payments with

added-value services for the new world of commerce. Integrating Alipay+ onto

its cloud-based platform paves the way for a faster rollout of Alipay+ services

to its clients and their merchants. Ingenico's PPaaS clients – which include

acquirers, payment service providers and Independent Software Vendors – will be

able to configure Alipay+ on their payment terminals without the need for

complex and expensive development, rollout and certification. Benefitting from

this simplicity, Alipay+ will be able to extend its reach and accelerate its

development, bringing its services – and users – to merchants seamlessly and

quickly.

Launched in 2020, Alipay+ is a suite of global cross-border digital payments

and marketing solutions operated by Ant Group. It supports a wide range of

digital payments methods, including e-wallets, bank apps and buy-now-pay-later

services, such as GCash in the Philippines, Kakao Pay in South Korea, Klarna in

Europe as well as Alipay in China.

With innovative technologies and solutions, Alipay+ brings an easy way to

capture digital-first customers and makes it easier and more convenient for

merchants to serve users of leading digital payment service providers,

especially those from Asia market. Especially, with the one-stop integration

feature provided by Alipay+, payment services and merchants can access all

existing and later-onboarded digital payment methods brought by the solution

through a unified interface and standardized business rules, and without

additional technical adaption.

Speaking about the partnership, which was announced at Paytech 2022 held in

Lisbon on 18-19 May, Michael Balzer, PPaaS Director of Strategic Partnerships

said: "PPaaS is all about enabling our clients to make new payment and commerce

services available quickly and easily to their merchants. Alipay+ is a priority

for many of our clients and they recognize that PPaaS will help them accelerate

the rollout of this innovative solution to their merchants, allowing them to

win and retain customers. This partnership with Alipay+ is a natural

continuation of our partnership with Ant Group, one of PPaaS' original

Foundation Partners and a valuable source of advice and inspiration as we built

our platform."

Alice Zhan, Head of Marketing in Europe for Ant Group, commented: "Alipay+

provides innovative payment and marketing solutions that gives merchants the

opportunity to reach more than 1 billion users of digital payment methods from

Asia. We believe that through our cooperation with Ingenico, millions of

merchants in Europe, connecting to Ingenico's acquirers and payment

institutions, can integrate to Alipay+ more efficiently and smoothly. Alipay+

will work together with Ingenico to better serve the merchants in Europe to

connect to this large group of Asian consumers."

About Worldline

Worldline [Euronext: WLN] is a global leader in the payments industry and the

technology partner of choice for merchants, banks and acquirers. Powered by

20,000 employees in more than 50 countries, Worldline provides its clients with

sustainable, trusted and innovative solutions fostering their growth. Services

offered by Worldline include instore and online commercial acquiring, highly

secure payment transaction processing and numerous digital services. In 2021,

Worldline generated a proforma revenue close to 4 billion euros.

https://www.ingenico.com/

About AliPay+

Alipay+ provides global cross-border mobile payments and marketing solutions

that enable merchants, especially small and medium-sized businesses, to better

serve consumers around the world by collaborating with global partners.

Alipay+ is introduced by Ant Group, the owner and operator of Alipay. One of

the world's leading digital platforms, Alipay serves hundreds of millions of

users by connecting them with merchants and partner financial institutions that

offer inclusive financial services and digital daily life services.

https://www.alipayplus.com/

SOURCE:  Ingenico, a Worldline brand