19 January 2018
visit www.ebaday.com

After successful roll out in Germany, Concardis to implement Alipay in Switzerland and Benelux

07 November 2017  |  2110 views  |  0 Source: Concardis

One year after the beginning of the partnership with Alipay, Concardis has successfully implemented the app, which is based on QR codes, at more than 250 merchants with a total of 1,000 points of sale in Germany – including renowned brands such as Wempe, GUCCI, Bottega Veneta, Timberland, The North Face, Napapirjri, Dolce&Gabbana and Promod.

Now the two partners are expanding their collaboration. In addition to Germany and Austria, Concardis will now offer Alipay in Switzerland and Benelux.

Following a brief testing phase, all merchants who opted for Alipay and have multiple locations have carried out the territory-wide roll-out. To date, the range of amounts for transactions performed with Alipay is from €10 to €14,000. This shows that the app is used for a wide variety of purchases.

‘From the beginning, we were convinced of the success of Alipay in Germany and Austria. The current figures have exceeded our expectations,’ says Concardis CEO Marcus W. Mosen. ‘In Europe, acceptance of Alipay is becoming more and more important for bricks-and-mortar retailers due to the rising number of tourists from China. The roll-out in Switzerland and Benelux is therefore the natural next step for us.’

Large shopping centres, outlets and airports are particularly common locations for payments made using Alipay. Alipay is an important part of the payment options at these locations, because they are frequented by tourists from Asia who specifically choose shops that accept Alipay as a payment method. The user has the option of letting the app direct it right to the shops that accept the Chinese payment solution. Alipay also functions as a marketing tool. Merchants can publish discount promotions and coupons directly via the Alipay app. Customers then receive a push notification on their smartphone when they are near the shop.

‘Due to the positive response and the growing demand, we will continue to expand our offering of Alipay-enabled POS terminals,’ said Mosen. ‘Among other things, Alipay payments will soon be possible via our mobile POS solution Optipay.’ With Concardis, accepting Alipay can be realised quickly and simply. After concluding the contract, it only takes two to three working days until the Alipay software is provided. Payment by Alipay takes place at the point of sale using a QR code, which eliminates the need for currency conversion.

With more than 800 million users, Alipay is the world’s largest lifestyle and payment platform. Its share of the Chinese online payment market is greater than 50 per cent; in the mobile payment sector this figure grows to 80 per cent.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.thomsonreuters.infovisit www.fivedegrees.nlvisit www.niceactimize.com

Top topics

Most viewed Most shared
Europe begins Open Banking era in subdued styleEurope begins Open Banking era in subdued...
11330 views comments | 32 tweets | 38 linkedin
Crypto mining threatened by power capacity concernsCrypto mining threatened by power capacity...
10362 views comments | 17 tweets | 18 linkedin
Wells Fargo to close 900 branchesWells Fargo to close 900 branches
9967 views comments | 14 tweets | 16 linkedin
KFC introduces Bitcoin BucketKFC introduces Bitcoin Bucket
9430 views comments | 18 tweets | 16 linkedin
FinTech Scotland appoints new CEOFinTech Scotland appoints new CEO
8525 views comments | 8 tweets | 6 linkedin

Featured job

Competitive base + commission + benefits
UK or Germany

Find your next job