Story image

Millions of potential new spenders as Smartpay partners with Alipay

14 Mar 2018

Smartpay Holding and Alipay have entered into an agreement that will see up to 25,000 Australian and New Zealand Smartpay merchants able to accept China’s preferred payment method.

Through the agreement, Smartpay will not only enable but also acquire Alipay transactions.

Alipay has an active user base in excess of 520 million and in 2016, Australia and New Zealand welcomed 1.2 million and 410,000 Chinese visitors respectively.

Smartpay is commencing the Alipay rollout with a pilot program in New Zealand which enables participating merchants to generate a transaction specific QR code via the terminal for their customers to scan – the acceptance comes back to the terminal and can integrate seamlessly with the point of sale.

“The partnership with Alipay aligns with Smartpay’s strategy of becoming a leading independent financial transaction acquirer in Australia and New Zealand,” Smartpay managing director Bradley Gerdis says.

“Innovation is a key factor in our strategy to offer a complete end-to-end acquiring product and this partnership with Alipay will give us a competitive point of difference in important market segments, particularly tourism and hospitality.”

“Our implementation of Alipay showcases our market leading SmartConnect cloud-based open API payments platform as we leverage our investment in this cutting-edge technology to bring value-added solutions to our merchants and their customers.”

For the vast majority of merchants who wish to accept Alipay, this will be possible through a simple software update.

A pilot in Australia will follow the New Zealand roll out in the next few months.

Upon the roll-out of software across Australia and New Zealand, Smartpay will be the only acquirer to provide EFTPOS, credit card payments and Alipay in the one terminal.

This provides a seamless experience for merchants to enable Alipay.

Beyond payments, Alipay helps merchants to market their offer to millions of Chinese tourists through unique capabilities like location-based marketing and loyalty rewards.

Smartpay will earn a share of total transaction value through the agreement.

“Smartpay is early adopters of Alipay in Australia & New Zealand and is well-positioned to benefit from the high growth in Chinese visitor numbers,” says Alipay A/NZ country manager George Lawson.

“Alipay is not only a payment capability used by tourists but also by thousands of Chinese students and migrants. These are very lucrative markets that are rapidly expanding.

“Beyond an improved point-of-sale experience, Alipay offers a sophisticated marketing channel. Through Alipay, Smartpay clients will be able to market to Chinese tourists before, during and after their visits to Australia and New Zealand, boosting exposure of their businesses amongst China’s rapidly expanding middle class.”

ForgeRock launches Sandbox-as-a-Service to facilitate compliance
The cloud-based testing environment for APIs enables banks to accelerate compliance with Open Banking and PSD2 deadlines.
Huawei picks up accolades for software-defined camera ecosystem
"The company's software defined capabilities enable it to future-proof its camera ecosystem and greatly lower the total cost of ownership (TCO), as its single camera system is applicable to a variety of application use cases."
Tech community rocked by deaths of Atta Elayyan and Syed Jahandad Ali
Both men were among the 50 killed in the shooting in Christchurch last Friday when a gunman opened fire at two mosques.
Ingram Micro gives Cloud Marketplace an overhaul
Including a new UI, improved sales and marketing tools, and an API for integrating a partner’s own storefront, CRM and billing.
NZ ISPs block internet footage of Christchurch shootings
2degrees, Spark, Vodafone and Vocus are now blocking any website that shows footage of the mosque shootings.
Barracuda expands MSP security offerings with RMM acquisition
Managed Workplace delivers an RMM platform with security tools and services, such as site security assessments, Office 365 account management, and integrated third-party antivirus.
SolarWinds extends database anomaly detection
As organisations continue their transition from purely on-premises operations into both private and public cloud infrastructures, adapting their IT monitoring and management capabilities can pose a significant challenge.
HP extends laptop & workstation recall due to battery fire hazard
HP has extended its worldwide recall of several notebooks and mobile workstations due to the high risk of fire and burn hazards.