Payworks to integrate Alipay into its POS tech Europe-wide
Payworks, a Germany-based provider of point-of-sale (POS) payment infrastructure, has inked a deal with Alipay. Payworks’ gateway tech will be supporting the integration of Alipay for payment providers across Europe.
Alipay, operated by Ant Financial Services Group, is already a dominant online and mobile payment service in China, with 520 million users and a market share of 80%. It is estimated that Chinese tourists spend over $261 billion while abroad, says Payworks, and hence “an increasing number of merchants are looking to add the mobile payment option to their payment mix at the POS”.
Rita Liu, head of Alipay Europe, Middle East and Africa, comments that “with Payworks as a technology partner, we will be able to expand the Alipay platform quickly and easily across Europe”.
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