PrestaShop Partners With Alipay
The partnership covers the UK, Netherlands and Germany and helps PrestaShop retailers sell to Chinese consumers by providing a payment option that they are familar with.
The Alipay Cross Border Online Payment module is integrated into the PrestaShop back office, and available through the Addons Marketplace.
Rita Liu, Head of Europe, Middle East & Russia at Alipay said: "We want to make sure that we make it simple for everyone to offer their products and services to Chinese consumers. Alipay has become a lifestyle for our customers and our goal is to enable them to easily buy what they want from outside of China as well as at home. By partnering with PrestaShop we are opening up a new market to European retailers and enabling our customers to use the payment platform they trust and rely on to buy online from smaller companies in Europe."
Today, 50% of online payments in China are processed by Alipay. Over $14.3 billion of gross merchandise volume was settled through Alipay on Alibaba's retail marketplaces on "Singles Day" - November 11 - this year.