Ant Group has announced the launch of Alipay+UnifiedPayment. This is a major product update that will offer a unified and scalable technical solution to its customers. Its main objective is to help merchants collect money with the digital payment methods supported by the company. They want it to be done in a more comfortable and efficient way.
The company offers global cross-border mobile payment and marketing solutions that enable merchants to better serve consumers around the world. They do this by collaborating with global partners and are of great help to small and medium-sized businesses.
What is special about Unified Payments?
With Alipay+UnifiedPayment merchants will be able to directly reach more than one billion potential consumers, making it easy for them to pay. Digital payment users from different countries will be able to make cross-border payments with their local currencies wherever they see a company sign. Whether online or in physical stores, if the mobile payment methods they use adopt Alipay+ solutions.
When an online store has already integrated Alipay+UnifiedPayment, consumers will see an Alipay+ option when making their checkout. For users who decide to pay through the platform, the recommended digital payment methods supported by that online merchant will be displayed based on their countries and payment preferences. Users can then pay with their preferred digital payment method.
Those physical businesses that wish can integrate Alipay+UnifiedPayment adopting a unified QR code scheme and scan-to-pay services. This includes acceptance of all digital payment methods enabled by Alipay+.
When was Alipay+ Unified Payment born?
Alipay+ Unified Payment started its pilot phase in May 2022. In addition, merchants such as Buygogo, an e-commerce platform, and Smile.one, a leading online gaming and entertainment recharge service, have participated in the pilot program.
“We are delighted to launch Alipay+ Unified Payment, a unique solution that integrates a wide range of digital payment methods. This update helps merchants manage digital payments more conveniently and seamlessly, and greatly improves their operational efficiency.” he claimed Cheng Guoming, CEO of Alipay+ Global Partnership, Ant Group. “We are dedicated to leveraging our innovative products and technologies to better serve merchants around the world and further facilitate cross-border business as the global economy recovers from the pandemic.”