Stripe Merchants Can Accept Alipay
July 1, 2014
Online payments provider Stripe last week announced that it is adding support for Alipay to its Checkout feature. With the integration of Alipay, often called the “PayPal of China,” Stripe e-commerce merchants will be able to sell directly to more than 300 million Alipay account holders in China.
Sites using Stripe Checkout will be able to determine if a customer is located in China and present that customer with Alipay as a payment option at checkout.
“Businesses in 14 countries are using Stripe to sell to customers all over the world,” the company said in a blog post revealing the move. “About 1 billion people hold one of the cards that Stripe supports today, but these card brands see little usage in China. Alipay, on the other hand, is used by hundreds of millions of Chinese consumers. We’re building a universal platform for internet commerce; in order to enable China’s 1.3 billion people to buy from Stripe businesses, we decided to add support for Alipay.”