Concardis Brings Alipay to Switzerland

by swisscham in Business

Concardis is expanding its international portfolio: the payment service provider is bringing Chinese mobile payment solution Alipay to Austria and Switzerland. CGšssl is the first merchant in Austria to enable Chinese guests to pay via smartphone and the Alipay app. The roll-out in the Swiss market is planned for October of this year. This in turn increases the demands on payment systems – not only in e-commerce, but also at the point of sale on site. Tourists from around the world come to Europe and, when shopping, expect the standard options they are used to from their home countries. But East Asia is leading the way in terms of mobile payment. This is the reason for our partnership with Alipay – which helps us enable merchants in all of German-speaking Europe to allow their customers who are travelling from Asia to pay using the preferred payment method in China,Õ says Marcus W. Mosen, CEO of Concardis. And it has certainly paid off: Alipay currently has more than 450 million active users and holds more than 50% of the Chinese online payment market – even reaching a total of 80% with regard to mobile payment. ÒEntry into the Austrian and Swiss markets is important for us to help us gain stable footing in Europe as a whole. With their strong position in German-speaking Europe and their international experience, Concardis is the ideal partner to help us achieve this goal.Ó The partnership between the Chinese company and the Eschborn-based payment service provider has existed since June of last year, explained by the head of EMEA at Alipay.

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