Till Payments (Till) announces its partnership with Alipay+, a suite of cross-border payments, to integrate Alipay into its new education product offering and explore the potential integration of other digital payment methods brought by Alipay+. Till’s offering is designed for higher education institutions to revive of Aussie’s $20bn international education market, which has declined in recent years due to border closures and pandemic restrictions.
What are the terms of the partnership?
As part of the collaboration, partners and merchants using the offering will be able to accept international students’ tuition fees via Alipay. The new product also offers seamless integrations into popular campus commerce systems, providing valuable insights and offering a connected and streamlined way to manage international and national tuition payments.
Fleur Garcia, Head of Merchant Engagement & Strategy, Till Payments, said “globalisation is driving the need for new payment solutions that enable international movement and trade.”
How does Alipay+ address the issue of user experience?
“Our experiences as consumers are becoming hyper-globalised. Thanks to the internet and digital tech, many of us now have the world at our fingertips and the exponential uptick in global trade via eCommerce, at a time during the pandemic when physical borders were closed, is a testament to the power and potential of modern globalisation,” Fleur Garcia said.
“Our global economy is calling for a payments experience that is borderless, inclusive and, most importantly, seamless. We’re thrilled to partner with Alipay through Alipay+ to deliver this need to our merchants, partners and the end-consumer,” she also added.
Till’s Education offering is the first product to launch off the fintech’s partnership with Alipay+. The payments disruptor is looking to expand the scope of the collaboration in the future with additional products, designed to provide seamless payments for businesses around the world.