Wirecard Partners with NBG To Integrate Alipay Into Technical Infrastructure

Wirecard Partners with NBG To Integrate Alipay Into Technical Infrastructure
13.04.2017 11:15 am

Wirecard Partners with NBG To Integrate Alipay Into Technical Infrastructure


As a leading provider of payment solutions and internet technology, Wirecard is now collaborating with National Bank of Greece (NBG) and is integrating Alipay into the technical infrastructure of Greece largest bank as a new payment method.  

As banks in Greece often provide local merchants with the entire terminal infrastructure, Wirecard has enabled NBG to integrate Alipay across the country in as many locations as possible. The aim is for most Greek merchants who operate in significant tourist attractions in the country to be able to offer Alipay as a new payment solution at the point of sale (POS) for their Chinese customers.

Greek islands and the capital Athens are particularly popular destinations for Chinese tourists. Thus, Greece has seen an increase of 400 per cent in Chinese tourists over the past five years, the stated goal of the Greek ministry of tourism is to welcome one million by the year 2021. With the new collaboration, Wirecard and the National Bank of Greece will provide them with their trusted payment method Alipay: over 450 million people in China use this mobile payment solution, making it the country’s favourite. Chinese tourists can receive offers from local merchants via smartphone push notifications even while travelling by aeroplane to their respective holiday destination.

Nelly Tzakou-Lambropoulou, General Manager of Retail Banking at National Bank of Greece: “Tourists are one of the most important target groups for Greek merchants. With this in mind, we are particularly proud that we are in a position to allow merchants to offer a payment method trusted by Chinese customers. This has all been made possible by Wirecard’s exclusive technical support and professionalism.”

Jörn Leogrande, Executive Vice President Mobile Services at Wirecard, adds: “We are proud to implement our technology in NBG’s payment processes. With this, we are enabling thousands of merchants to simultaneously offer Alipay as a new payment method for a financially strong target group. We believe that this, combined with the increasing number of Chinese tourists in Greece, will translate into a considerable sales potential for Greek merchants. Our aim is to work with financial institutions across Europe to integrate Alipay as an alternative mobile payment solution in as many till systems as possible.”

Related News

EMVCo Encourages Domestic Payment Systems To Use Terminal Integration Testing Framework

EMVCo is encouraging domestic payment systems (and other similar entities) to use its new EMV® terminal integration testing framework to reduce the time needed to get new and... Read more »

Dzing announces launch of its new digital payment app

Dzing, a new to market electric money and payment institution, today announced the launch of its new mobile payment app, to allow international students, remote freelancers,... Read more »

Brady Harris Joins Dwolla as CEO to Scale Distribution

Dwolla, the programmable payments platform, today announces the appointment of Brady... Read more »

Poland’s National Payment Processor Partners with Cryptomathic to Deliver eIDAS-certified Remote Qualified Electronic Signature Services

Polish citizens can now sign documents digitally using mSzafir, a remote qualified e-signature service with the highest levels of security under European law, thanks to a new... Read more »

Mastercard enables Contactless limit raise across 29 countries; and champions permanent increase

Today Mastercard announced its commitment to enabling the increase in contactless payment limits across... Read more »

TransUnion Research Quantifies How Social Distancing is Changing Shopping Patterns

TransUnion (NYSE: TRU) today released new research that quantifies the spike in digital commerce since social distancing became widespread globally. The company found a 23%... Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel