Shopify Inc. announced on Tuesday it struck a payment partnership agreement with Alipay.
United States-based sellers at the e-commerce company's platform will now be able to directly receive payments "seamlessly" from Alipay's "one billion annual active users in China alone," and "hundreds of millions more" in the rest of Asia in the future, Shopify said in a statement.
"Reaching consumers across Asia is an enormous growth opportunity for our merchants... Through today's partnership, we'll help our merchants provide the best possible shopping experiences for this new audience of cross-border consumers," Vice President of Product, Merchant Services at Shopify, Kaz Nejatian, added in the press release.
