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Ant International and BNP Paribas will explore innovations on tokenised deposits to improve businesses’ efficiency for global fund settlements, through the Whale platform. Alipay+ will support BNP Paribas in helping its merchants implement cross-border mobile payment solutions from international payment applications. And lastly, WorldFirst will establish a direct connection to the Single Euro Payments Area Scheme, with BNP Paribas sponsoring its participation.
Douglas Feagin, President of Ant International, said: “Europe is an important region for Ant International, with the rise of cross-border commerce and the increase in travellers to the region, and of course, the excitement around UEFA EURO 2024 this year. Through our collaboration with a leading industry partner, we will bring together digital payments and innovative technology solutions from Ant International, with BNP Paribas’s depth of experience in the European market, to deliver greater connectivity and make global travel and trade more convenient.”
