AlphaPay, ACCEO Logivision to Increase Mobile Payment Technology for Retailers.

The new partnership will enable UnionPay, Alipay, and WeChat Pay for more than 6,500 store locations across Canada and U.S.

Vancouver, Canada (July 7, 2020) – AlphaPay, a North American leader in borderless payment technology, and ACCEO Logivision, a high-speed retail point-of-sale software provider, have announced a partnership to enable integration of UnionPay, Alipay, and WeChat Pay across ACCEO’s extensive reseller network.

This new collaboration will introduce the mobile wallet processing technology — with QR Code payment — at the point-of-sale and e-commerce to North American retailers of all sizes through one streamlined platform powered by AlphaPay.

This initiative will expand service to over 6,500 store locations and more than 20,000 point-of-sale terminals in North America, and incorporate a safer and more convenient method of linking the retail industry to Chinese customers. In 2019, B.C.-based AlphaPay announced the launch of national integration of its mobile payment technology into T&T Supermarket, Canada’s largest Asian supermarket chain, enabling 27 locations to better serve the growing Asian consumer demographic with the most convenient payment method.

“Our partnership with AlphaPay will empower customer loyalty, speed, and convenience for many of our users,” said Justine Terlon Bohonis, VP of ACCEO Logivision. “AlphaPay enables our retailers to offer Chinese payments to their customers as easily as traditional credit and debit transactions.”

AlphaPay’s foothold in the advanced payment industry is strengthened by collaborating with POS system solution experts, including King Corp — one of ACCEO’s resellers based in B.C. — which facilitates the inclusion-mobile payment technology to retailers, including T&T Supermarket.

“King Corp had the opportunity to work closely with AlphaPay to integrate a WeChat Pay, Alipay and UnionPay solution with a national Asian Supermarket,” said Tim Shein, President of King Corp. “The perceived demand is far greater than we had first anticipated.”

 

About AlphaPay

AlphaPay is Canada’s leading borderless POS & mobile payment and digital marketing service provider. As a Fintech company, AlphaPay is an authorized acquirer of Alipay, WeChat Pay and UnionPay, and is dedicated to providing a safe and convenient borderless payment platform for Chinese consumers and Canadian companies. www.alphapay.com

About ACCEO Solutions Inc.

ACCEO Solution Inc. is a division of Harris Computer Corporation and its parent company, Constellation Software (TSX:CSU), which serves more than 125,000 customers in over 100 countries relying on its innovative public and private sector software solutions. www.acceo.com

Founded in 1994 and located in Beloeil, Quebec, ACCEO Logivision offers point-of-sale software solutions to high-speed retailers. www.logivision.com

About King Corp

King Business Services Corp. (King Corp) has been providing reputable payment solutions to businesses in Western Canada since 1969. King Corp services grocery stores, supermarkets, retail, garden centers, farm markets, liquor stores, quick service cafeterias, pubs, and restaurants with Point-Of-Sale and IT needs. www.kingcorp.ca

Media Contact:

AlphaPay

media@alphapay.com

1-855.937.7888

AlphaPay Donates to Wuhan Through Vancouver Young Elite Association

Vancouver, Canada – (Feb 20, 2020)–AlphaPay donated to Wuhan throughVancouver Young Elite Association to purchase medical materials.

The virus makes many unfortunate people suffer from the menace of illness and confront the fear of death. To hearten the people of Wuhan and make a contribution to the fight against the virus, many Chinese Canadian companies showed our strongest support. Constant warm actions and kind words from the people in Canadian society showed us to believe that there are no dilemmas that can not be broken through by a large and cohesive country with a population of 1.4 billion.

A total of over $40,000 through this event, and this money will be used to purchase medical materials from overseas and will be scheduled by air to the hospitals in Hubei province.

Our Partners:

Alibaba created a $144 million fund to buy medical supplies for Wuhan and Hubei province, the epicenter of the virus outbreak, and it’s offering AI computing power to research organizations searching for a vaccine or treatments.

Tencent, another Chinese giant, founded a $42.7 million fund for medical supplies for Wuhan.

ABOUT AlphaPay

AlphaPay is a major influencer in the borderless payment technology space in Canada. As a forward-thinking FinTech company, AlphaPay has developed and distributed payment technology services to bridge the gap between North American businesses and 1.1 billion users of Alipay, WeChat Pay, and UnionPay through borderless payment technology. For more information: www.alphapay.com

ABOUT Alipay

Launched in 2004, Alipay currently has over 450 million active users. Alipay has evolved from a digital wallet to a lifestyle enabler. Users can hail a taxi, book a hotel, make appointments with doctors, buy movie tickets, pay utility bills or purchase wealth management products directly from within the app. In addition to online payments, Alipay is expanding to in-store offline payments both inside and outside of China. Over 2,000,000 brick-and-mortar merchants now accept Alipay across China. As of October 2016, Alipay is supported in 70 overseas markets, with in-store payments covering more than 100,000 retail stores, and tax reimbursement via Alipay is supported in 24 countries and regions. Alipay works with over 40 overseas financial institutions and payment solution providers to enable cross-border payments for Chinese travelling overseas and overseas customers who purchase products from Chinese e-commerce sites. Alipay supports the settlement of 18 currencies. For more information: https://intl.alipay.com/

Contact:

AlphaPay PR
media@alphapay.com

Instagram: @alphapay_official
Facebook: @AlphaPayoffcial

Working from Home: How China’s Companies Are Trying To Get Back to Business

Image result for tencent work from home

Tencent(WeChat) and Alibaba workers stay home working

Tencent, which is also based in Shenzhen, said its staff in mainland China were working from home on Monday, and will continue to do so for at least the next two weeks. The company’s office in Hong Kong, where there are at least 38 confirmed cases, is tentatively set to reopen next week.
“The health and safety of our employees is of the utmost importance to us,” a company spokesperson said. “Accordingly, Tencent will continue to monitor the situation closely and will revise these arrangements as necessary.”
And e-commerce giant Alibaba has asked employees to work from home for another week, according to a person familiar with the matter.
Over half of surveyed foreign firms in Shanghai resume production

More than half of foreign companies in Shanghai surveyed fully resumed production as the Chinese government ramped up efforts to fight the novel coronavirus and help enterprises resume normal operations, an industry association said.

The Shanghai Association of Foreign Investment found, based on a survey over 54 foreign enterprises in Shanghai, that over 30 percent of the surveyed enterprises partially resumed production while more than 10 percent had not reopened yet.

On Tuesday, Chinese health authorities confirmed 97 new deaths and 2,015 new cases infected by the novel coronavirus, officially named as COVID-19 by the World Health Organization, bringing the death toll to 1,113 and the total confirmed cases to 44,653 on the Chinese mainland.

To stem the spread of the virus, many Chinese cities including Shanghai, home to nearly 50,000 foreign companies, resumed operations with caution by extending the Lunar New Year holiday and postponing the resumption of work until Feb. 10.

According to the survey, telecommuting has been widely implemented by foreign businesses to resume operations while reducing close person-to-person contact.

A total of 13 surveyed foreign enterprises including Denmark-based toy marker LEGO and German auto manufacturer BMW resumed production but had their employees work remotely, said Huang Feng, head of the SAFI.

Foreign companies partially resuming operations also applied more flexible work arrangements with frontline workers heading for their workplaces and other staff working remotely, according to the survey.

AlphaPay Notification

2020 CNY Suspend Settlement

Dear AlphaPay Merchants and Partners,

Please note that banks in Mainland China will suspend settlement from January 24 to January 30, 2020 due to the Chinese New Year Holiday. Transactions that take place during this period will be cleared on January 31, 2020.

Other AlphaPay services, including but not limited to payment and refund will NOT be affected by the suspension of settlement.

Thank you for your understanding and support. Feel free to contact AlphaPay if there is any questions please!

Yours sincerely,

AlphaPay Team

————————————————–

尊敬的AlphaPay商户及合作伙伴,

由于春节假期的影响,支付宝,微信和银联的中国合作银行将在2020年1月24日至2020年1月30日暂停结算,在此期间的支付宝,银联和微信支付款项将于2020年1月31号进行统一结算。其他AlphaPay服务如支付、退款等功能均不受影响。

感谢您的理解与支持。如有问题可以随时联系AlphaPay.

顺颂商祺

AlphaPay 天捷支付

Toll-Free: 1.855.937.7888
Email:admin@AlphaPay.com

WeChat Pay Increasing

AlphaPay Brings the Ecosystem to Canadian Merchants Working with Chinese’s Biggest Lifestyle Platform and Mobile Payment Brand WeChat

Vancouver, Canada, Jan 06, 2020 — The wide variety of functions available within the AlphaPay Ecosystem will help Canadian merchants to smoothly accelerate the digitization process in payment and marketing, in order to better serve Chinese tourists in Canada.



According to the latest release data from WeChat, in 2018, the monthly average transaction volume saw an increase of 500% year-on-year, while the total transaction value increased 400%. Meanwhile, the number of service providers witnessed a year-on-year increase 300%, and the number of merchants accepting WeChat Pay increased 700%.


WeChat Pay Increasing

Making a purchase is not only about payment. AlphaPay is looking closely into the all rounded solution experience, and covering more retail, F&B(Food and Beverage), and fashion, municipal services and many other aspects of daily life. The entire experience throughout the journey is important to conclude the transaction.


AlphaPay has successfully developed many case studies in offering solutions.


AlphaPay Lifecycle

At T&T supermarket, WeChat Pay user can make purchase and is entitled a further discount by paying with WeChat, or customer can purchase giftcards, join loyalty programs via AlphaPay App to ensure a smooth shopping experience.


About AlphaPay:

AlphaPay is a major influencer in the borderless payment technology space in Canada. As a forward-thinking FinTech company, AlphaPay has developed and distributed payment technology services to bridge the gap between North American businesses and 1.1 billion users of Alipay, WeChat Pay, and UnionPay through borderless payment technology. For more information: www.alphapay.com

Media Contact  

AlphaPay Inc

media@alphapay.com

Destination Canada

AlphayPay serves over 1.2 billion users together with Chinese Mobile Payment partners and is the preferred payment method of Chinese tourists

Through this strategic partnership, this collaboration is looking to integrate their respective systems with one another and offer the market a flexible, on-demand digital payment solution through which Chinese tourists can conveniently use during their visit to Canada.

With the system now in place, AlphaPay’s merchants are available to accept cross border payments for overseas customers . Chinese can simply complete their purchases by scanning the QR code available at AlphaPay-enabled merchant partners.

With AlphaPay’s more than 2,000 merchants across Canada, finding a store or service that accepts this integrated mobile payment should not be hard. Whether it is a transaction at a restaurant, in a retail store, a supermarket, a hotel, a car rental or entertainment. Retailers can truly benefit from AlphaPay’s merchants by its advanced payment and marketing solutions and reach out to 1.2 potential users.  

In 2019, statistically the nation welcomed over 600,000 Chinese tourists, and the number is expected to rise to over 1 million by 2020 and 3 million by 2025.


Destination Canada

(Photo: Destination Canada)


As the number of Chinese tourists to Canada continues to surge, and following its strategic road map, AlphaPay is foothold its collaboration with the Chinese leading fintech giants.

China’s Luxury Market

China’s Luxury Market To See Greater Demand This Year

China, Jan 03, 2020-The Chinese luxury market has gone through ups and downs last year but in 2020, greater things are in store, industry experts said, noting that demand for high-end products will continue to rise this year.


China's Luxury Market

According to China Daily, industry analysts predicted that the world’s second-largest economy will continue to lead the global luxury goods market as Chinese consumers increase their demand for items under the designer fashion sector.

The data was based on figures from the luxury market’s overall spending in 2018, which saw a seven percent hike from the previous year at $145.7 billion. According to data from Chinese luxury online retail firm Secoo Holding Ltd. and global consultancy Deloitte, the said amount accounts for 42 percent of the world’s overall luxury market spending.


China’s Luxury Market

Shoppers cross the road outside Causeway Bay shopping mall in Hong Kong, China, December 26, 2019. (Photo: REUTERS/Lucy Nicholson)


Industry analysts further noted that online shoppers will most likely focus on the following products this year: beauty and skincare items, digital devices, men’s apparel, and men’s footwear.

Pre-loved products are also expected to have a bigger chunk of the overall luxury market due to lower prices in high-end goods. Affordability is one of the key aspects of the market that luxury brands are encouraged to look into as a means of further providing the demands of consumers in China.

Finally, 5G deployment in China is expected to help improve the luxury market as a whole both offline and offline. Better connection speeds will provide consumers with a better experience, industry experts pointed out, especially with the Chinese government’s push for 5G networks in the country.

The Global Footprint Of Ant Financial's Alipay

Alipay Profile, 2019 – International Acceptance Continues to Rise

December 17, 2019 11:09 AM Eastern Standard Time

DUBLIN—In China, Alipay has a market share of more than 50%


The Global Footprint Of Ant Financial's Alipay

Alipay to be accepted at more locations overseas by partnered with AlphaPay Canada


Moreover, Alipay is increasingly used by Chinese consumers when they travel abroad. To tap into this emerging market opportunity, AlphaPay, Canada based FinTech company, is one of the overseas payment acquirers working closely Alipay across Canada to grow its international acceptance.


About AlphaPay


AlphaPay is a major influencer in the borderless payment technology space in Canada. As a forward-thinking FinTech company, AlphaPay has developed and distributed payment technology services to bridge the gap between North American businesses and 1.1 billion users of Alipay, WeChat Pay, and UnionPay through borderless payment technology. For more information: www.alphapay.com

Alipay and WeChat Pay are well established

WeChat Pay has the second largest mobile payment share in China

WeChat Pay pursues an international expansion strategy

As a digital wallet service of China’s popular mobile messaging app WeChat, WeChat Pay is available to hundreds of millions of app users in this country. In addition, as the publication reveals, WeChat Pay has embarked on an international expansion strategy, primarily focusing on Chinese tourists travelling overseas. As of 2018, the service could already be used for QR-based mobile payments in close to 50 countries.

WeChat Pay is China’s number two in the mobile payments market

In China, WeChat Pay is the second most used mobile payment service, with a double-digit percentage share of the market, as of 2018. According to information cited by the researcher, the gap in Alipay and WeChat’s market share in terms of volume was at more than 10 percentage points, but when it comes to user penetration, WeChat Pay also achieved a wide base of more than two-thirds of mobile payment users.


Alipay and WeChat Pay are well established

AlphaPay POS Terminal

AlphaPay Enhances QR Code Payments Technology to Canada

Support for QR code payments is growing within the payments industry. In mid-2017, AlphaPay established their partnership with Unionpay, Alipay and WeChat Pay to bring QR code payment to Canada. AlphaPay published specifications designed to ensure interoperability for merchant-based and consumer-based QR code transactions.


AlphaPay POS Terminal

AlphaPay provides the ability to automatically scan QR codes without the need for a third-party app and could enable QR scanning to reach hundreds of millions more users worldwide with borderless payment. Several major Canadian retailers use QR codes together with a proprietary mobile payment app to speed the checkout and payment process in stores.


QR Codes Used in Payment Services


QR codes have become hugely popular as a mobile payment method in Asia, and AlphaPay integrates this technology and  widely used for payments in Canada now. AlphaPay App focus on supporting and managing the use of QR codes in payment services. The organizations involved include payment solutions,marketing solutions, mini program development, and e-shop.


T&T Using Chinese Payment

History of QR Codes


QR codes (abbreviated from Quick Response code) are essentially two-dimensional bar codes and was invented in the 1990s by Masahiro Hara. Later in some countries, most notably China, QR codes have been an important factor in the extraordinary growth of mobile payment services, largely because they allow businesses to accept digital payments without the need to invest in a point of sale terminal or other hardware.


Msahiro Hara

(Inventor: Masahiro Hara)


About AlphaPay:

AlphaPay is a major influencer in the borderless payment technology space in Canada. As a forward-thinking FinTech company, AlphaPay has developed and distributed payment technology services to bridge the gap between North American businesses and 1.1 billion users of Alipay, WeChat Pay, and UnionPay through borderless payment technology. For more information: www.alphapay.com