Market Pay announces strategic partnership with Silkpay for in-store payments

We are delighted to announce a new partnership between Market Pay, European unified payment platform, and Silkpay, a company that provides omnichannel and secure payment solutions. This partnership aims to offer Silkpay retailers a complete in-store payment solution, integrating Market Pay's Pay On Site payment solution with the provision of PAX terminals.

Who is Silkpay?

Based in Paris, Silkpay provides omnichannel and secure payment solutions to help physical stores and e-commerce in Europe accept more than 30 of the world's most popular payment methods: Visa, Mastercard, CB, UnionPay, Alipay+, WeChat Pay as well as Asia-Pacific’s major e-wallets.

Silkpay is a winner of the LVMH Innovation Award. The company was also selected as a finalist for the "Money 20/20" Best Startup and in the "MPE Berlin” Startup Awards. Silkpay also won the "Best Fintech" awards from Capgemini and BPCE.

Silkpay helps merchants deliver the smoothest payment experience to their customers. They are a talented and international team driven by a single goal: to improve the customer experience and make payments simple and secure.

The advantages for Silkpay:

This strategic partnership strengthens Silkpay's position as a payment solutions provider. By integrating the Visa, Mastercard and CB payment methods provided by Market Pay in addition to the Alipay and WeChat Pay wallets offered by Silkpay, this collaboration significantly expands Silkpay's service offering, thus strengthening its presence in the European payment mobile market.

The benefits for Silkpay retail customers:

For Silkpay retailers, this partnership offers a comprehensive and diversified in-store payment solution. By providing PAX terminals through Market Pay Pay On Site solution and Visa, Mastercard and CB payment methods in addition to Silkpay's Alipay and WeChat Pay solutions, this collaboration allows merchants to accept a wide range of payment methods in a convenient and secure way.

Additionally, this solution covers a wide range of European countries, including France, Belgium, Spain, Italy, Germany, Portugal and the Netherlands, providing Silkpay retailers with international reach and maximum accessibility.

In summary, this partnership between Market Pay and Silkpay represents a major advancement in the in-store mobile payments industry, providing retailers with a comprehensive and innovative solution to meet the needs of their customers, while strengthening Silkpay's presence and influence across the European mobile payments market. We look forward to seeing the positive impacts of this collaboration and continuing to innovate together to shape the future of in-store payments.