Splitit partners with Alipay to power ‘Pay After Delivery’ instalments on AliExpress
Splitit Payments and Alipay have formed a partnership to power the ‘Pay After Delivery’ option for shoppers on AliExpress, a global eCommerce marketplace owned by the Alibaba Group.
The service will initially launch in Germany, France and Spain, with plans to expand into other international markets.
Splitit’s flexible technology platform, coupled with Checkout.com’s payment-acquiring capabilities, enables AliExpress shoppers to pay after delivery with their existing credit card. Pay on delivery is Splitit’s new instalment service that allows consumers to pay for goods after delivery.
The agreement leverages Splitit’s Instalments-as-a-Service platform to create a custom-branded experience embedded in the AliExpress checkout flow. Alipay is AliExpress’ global payment solution partner.
“Our work with Alipay is a testament to the flexibility of Splitit’s platform and the strength of our new partnership with Checkout.com. Together we are providing a valuable resource for sellers and shoppers by powering payment after delivery,” said Splitit CEO Nandan Sheth. “We are thrilled to collaborate with two exemplary companies like Alipay and Checkout.com. I look forward to building on this initial launch by expanding into other markets in the future.”
“Splitit was able to provide a solution that addressed our needs to deliver a modern pay-after-delivery option for AliExpress consumers. Splitit’s white-label approach allows us to easily customise and integrate the service into our platform while delivering a positive experience for sellers and shoppers,” said AliExpress European Commercial Director Topp Gary Paul.