Agilysys, Inc. (NASDAQ: AGYS) has disclosed on Tuesday that it has entered into a partnership agreement with CITCON. Both the firms have joined hands to establish the market footprint of both the firms by allowing international hospitality offerors to offer passengers the opportunity to access mobile wallet solutions from all over the globe.
CITCON has gained recognition as the prominent mobile wallet payment provider internationally. The firm offers a wide range of wallet brands involving WeChat Pay, PayPal, Venmo, Alipay, and more. CITCOIN is also the only fully certified U.S.-based purchaser of WeChat Pay, China UnionPay, and Alipay.
As per the new collaboration, the customers of Agilysys will be able to access China UnionPay, Alipay, and WeChat Pay. The technology integration and the service team of CITCON are headquartered in China, North America, and Europe.
Furthermore, traders are allowing PayPal and Venmo recognition has seen a rise in average order value in the US while also growing cashless transactions to those who don’t have credit cards. Allowing mobile wallet transactions is crucial to growth with non-US customer bases as less than 10% of Asian deals happening on credit cards, and similar subtleties in Latin America and parts of Europe.
The COO of CITCON commented that AGYS is a pioneering solution offeror in the hospitality industry. CITCON is delighted to sign an agreement with AGYS which allows the firm to fulfill the needs of hospitality clients. AGYS is seeing a rise in the recognition of mobile wallet brands by AGYS hospitality client’s guests.