Ingenico to Enable the Rollout of Alipay+ to Millions of Merchants and Thousands of Banks and Acquirers with PPaaS, its Cloud-based Payments Platform as a Service

Ingenico, a Worldline brand, and Ant Group today announced details of their
partnership that will allow acquirers and other payment service providers to
implement Alipay+ seamlessly across their merchant networks using Ingenico’s
PPaaS (Payments Platform as a Service) cloud-based solution.

PPaaS, leverages the power of the payments ecosystem by combining payments with
added-value services for the new world of commerce. Integrating Alipay+ onto
its cloud-based platform paves the way for a faster rollout of Alipay+ services
to its clients and their merchants. Ingenico’s PPaaS clients – which include
acquirers, payment service providers and Independent Software Vendors – will be
able to configure Alipay+ on their payment terminals without the need for
complex and expensive development, rollout and certification. Benefitting from
this simplicity, Alipay+ will be able to extend its reach and accelerate its
development, bringing its services – and users – to merchants seamlessly and
quickly.

Launched in 2020, Alipay+ is a suite of global cross-border digital payments
and marketing solutions operated by Ant Group. It supports a wide range of
digital payments methods, including e-wallets, bank apps and buy-now-pay-later
services, such as GCash in the Philippines, Kakao Pay in South Korea, Klarna in
Europe as well as Alipay in China.

With innovative technologies and solutions, Alipay+ brings an easy way to
capture digital-first customers and makes it easier and more convenient for
merchants to serve users of leading digital payment service providers,
especially those from Asia market. Especially, with the one-stop integration
feature provided by Alipay+, payment services and merchants can access all
existing and later-onboarded digital payment methods brought by the solution
through a unified interface and standardized business rules, and without
additional technical adaption.

Speaking about the partnership, which was announced at Paytech 2022 held in
Lisbon on 18-19 May, Michael Balzer, PPaaS Director of Strategic Partnerships
said: “PPaaS is all about enabling our clients to make new payment and commerce
services available quickly and easily to their merchants. Alipay+ is a priority
for many of our clients and they recognize that PPaaS will help them accelerate
the rollout of this innovative solution to their merchants, allowing them to
win and retain customers. This partnership with Alipay+ is a natural
continuation of our partnership with Ant Group, one of PPaaS’ original
Foundation Partners and a valuable source of advice and inspiration as we built
our platform.”

Alice Zhan, Head of Marketing in Europe for Ant Group, commented: “Alipay+
provides innovative payment and marketing solutions that gives merchants the
opportunity to reach more than 1 billion users of digital payment methods from
Asia. We believe that through our cooperation with Ingenico, millions of
merchants in Europe, connecting to Ingenico’s acquirers and payment
institutions, can integrate to Alipay+ more efficiently and smoothly. Alipay+
will work together with Ingenico to better serve the merchants in Europe to
connect to this large group of Asian consumers.”

About Worldline

Worldline [Euronext: WLN] is a global leader in the payments industry and the
technology partner of choice for merchants, banks and acquirers. Powered by
20,000 employees in more than 50 countries, Worldline provides its clients with
sustainable, trusted and innovative solutions fostering their growth. Services
offered by Worldline include instore and online commercial acquiring, highly
secure payment transaction processing and numerous digital services. In 2021,
Worldline generated a proforma revenue close to 4 billion euros.
https://www.ingenico.com/

About AliPay+

Alipay+ provides global cross-border mobile payments and marketing solutions
that enable merchants, especially small and medium-sized businesses, to better
serve consumers around the world by collaborating with global partners.

Alipay+ is introduced by Ant Group, the owner and operator of Alipay. One of
the world’s leading digital platforms, Alipay serves hundreds of millions of
users by connecting them with merchants and partner financial institutions that
offer inclusive financial services and digital daily life services.
https://www.alipayplus.com/

SOURCE: Ingenico, a Worldline brand