Suntec City to install Alipay in 350 retail stores
The two inked a two-year partnership.
Suntec City inked a two-year partnership with payments platform Alipay to install touchpoints within the mall.
According to a joint press release, approximately 350 retail establishments in Suntec City will progressively roll out Alipay as a payment option for Chinese tourists. By July 2018, the partners plan to cover 60% of the stores with Alipay touchpoints.
The two companies said the initiative is "set to attract more Chinese tourists and enhance their shopping experience at Suntec City."
Alipay and its acquirer partners will jointly organize a series of workshops to sign up with Alipay and to promote merchants’ businesses on the Alipay platform.
Acquirers also provide hands-on training to merchants to operate the Alipay payment terminal and manage strategic content feature of merchants’ offers. Alipay has also launched a dedicated Suntec City microsite within its app to provide ongoing publicity to Suntec City and its merchants.