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From Great to Excellent! AlphaPay Received The Honor of The “Best Business Development Award” from Alipay

Vancouver, Canada – (Jan, 2020)–  AlphaPay’s foothold in the advanced payment industry with forward-thinking affirmation and honored recognition by our partners. AlphaPay enhances its strong strength in the cross-border payment field and solidates the foundation for further in-depth cooperation with Alipay.
While Alipay has grown rapidly in its recent years of Canadian operations, the Chinese mobile payment giant works with AlphaPay and this collaboration involves the focus of spending patterns of tourists, students and other consumers from China, rather than potential local consumers. During this annual award event, Alipay shared its successful business strategy and potential business opportunities in North America. AlphaPay is inspired by the discussion with Alipay and structured future market strategies to connect local businesses to the world market with endless possibilities.
Through the continued partnership with Alipay, winning the “Best Business Development” award summarized AlphaPay’s accomplishment for the past years. In the future, Alpha Pay will continue to adhere to the principles of “empower the partnership to benefit all sizes of businesses” with Alipay, and provide customized payment solutions for local merchants to expand their business outreach by integrating Chinese mobile payment technology.
Over the past few years, mobile payment technology is rapidly growing and getting popularized in North America. The overseas journey has just begun from “0 to 1” followed by the unlimited capabilities moving forward. AlphaPay believes that this year the Chinese mobile payment technology will begin to take off. Exploring the infinite possibilities beyond payment, it is the starting point of the transformation from “1-infinity”.
The mobile payment is gradually going global and becoming a payment trend according to people’s living habits. Mobile payment is everywhere in our daily lives from grocery shopping to international traveling. As one of the world’s largest payment platforms, Ant Financial’s Alipay—a breakthrough in traditional payment method with cash or card, and brought people into a e-wallet era.
Cross-border payment is one of the unique features of Alipay in overseas markets. Alipay partnered with local fintech companies such as AlphaPay. Integrating mobile payment technology into tens of thousands of merchants to service to Chinese tourists, Chinese overseas Chinese and overseas students in Canada with their preferred payment method. The real-time exchange rate and local currency settlement is more favorable than any other payment to settlement process.
In the future, AlphaPay will work with Alipay to provide a cross-border payment with full service experience for merchants in Canada. We will create an extraordinary ecosystem with payment and marketing solutions to initiate more local market activities on marketing platforms with full services in North America. AlphaPay and Alipay will always be working together to develop and improve cross border payment technology to bring the world unlimited possibilities for the future.

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 traveling overseas and overseas customers who purchase products from Chinese e-commerce sites. Alipay supports the settlement of 18 currencies.

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 PR
media@alphapay.com
Phone: 1-855-937-7888
https://www.alphapay.com/

The Keg Steakhouse Enables Chinese Mobile Payment to Keep Its legacy Growing

Vancouver, Canada – (ALPHAPAY TO INSERT DATE)– To kick-off the new year of 2020, the Canadian-owned restaurant chain The Keg Steakhouse and Bar (“The Keg”) have enabled Chinese mobile payment—Alipay and WeChat Pay powered by AlphaPay in 14 locations across Canada.

As one of the top restaurant brands in Canada, The Keg is acknowledged as the number-one restaurant from the point-of-view of service and food. The Keg is well known for buying up historic properties, refurbishing them and turning them into restaurants, this restaurant chain became ironic and recognizable among residents and tourists from around the world.

The chain is working with AlphaPay, a forward-thinking Canadian Fintech company, specialized in cross border payment solutions to connect Chinese mobile payment users with Canadian business owners.  

This collaboration will allow customers to pay via Alipay and WeChat Pay to complete transactions on the mobile-based QR code payment platforms at The Keg. The new payment system simply implemented to the existing Eigen POS terminal which can integrate Alipay and WeChat Pay cross-border payment technology to their platform.

When customers dine at The Keg, the payment can be done either from customers by scanning The Keg’s POS terminal QR code signage or the server scans customers’ payment QR code on their mobile devices. The secured payment soon be done after inputting the pre-set password on customers end.

In particular, the cross-border payment technology is designed to convenient mobile payment users that are mainly Chinese and covered 93% of the mobile payment users among global Chinese community.

Since the tourism market from China has been growing significantly over the last decade in Canada, AlphaPay foresees the prospect of providing a borderless payment solution to help restaurant chain potentially reaching out to 1.1 billion overseas customers.

Moreover, AlphaPay’s payment solution is removing all processing issues that are typically associated with cross-border payment. For instance, more locations will follow as the restaurant chain claims to accept Ali Pay and WeChat Pay in Canada.

ABOUT The Keg

The Keg Steakhouse + Bar has been serving great steaks across Canada and the US for over 45 years. Quality has been a cornerstone of The Keg’s success since its first restaurant opened in Vancouver in 1971. The Keg’s focus has been, and continues to be, on providing exceptional service and quality food in a comfortable atmosphere for its guests.

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

Tel: 1-855-937-7888

Email: media@alphapay.com

T&T Supermarket Now Accepting Alipay and WeChat Pay

Oct. 04, 2019 (AlphaPay, RICHMOND, British Columbia) — AlphaPay, the leading cross-border payments solution provider, today announces the national integration of its mobile payment technology into T&T Supermarket (“T&T”), Canada’s largest Asian supermarket chain. With this new technology, T&T now accepts transactions from mobile-based payment platforms used widely by Canada’s Chinese consumers – Alipay and WeChat Pay – at the point-of-sale through one streamlined platform powered by AlphaPay. This integration will enable T&T’s 27 locations across the country to better serve the growing Asian consumer demographic, and provide the most convenient payment method to their customers.

“We are thrilled to have the support of T&T, Canada’s largest Asian foods market chain, as they roll out our AlphaPay solution in retail locations across the country. The tourism market from China has been growing significantly over the last decade in Canada, something that’s been further accentuated today as we find ourselves in the midst of Golden Week – a semi-annual Chinese national holiday,” said Jason Gu & Albert Sun, Founders of AlphaPay. “We are excited at the potential impact and uptake of AlphaPay, and the prospect of providing a seamless technology that solves the inefficiencies and numerous other challenges posed by cross-border spending.”

AlphaPay’s integrated payment solution enables merchants and consumers to quickly and conveniently transact secure, encrypted payments. Consumers present the dynamic payment QR code of their Alipay or WeChat Pay mobile app at the time of purchase, which is then scanned by T&T via the POS scanner, instantly completing payment. Funds are debited directly from the customer’s Chinese bank account, removing all processing issues that are typically associated with cross-border payments, spending limitations and exchange rates.

“Our customers, both local and visiting, are looking for convenience and all the amenities of home when they visit a T&T Supermarket,” said Tina Lee, CEO T&T Supermarkets.  “This new technology provides a seamless checkout experience, and one that is familiar and easy for them, so they can worry less about their payments and focus more on their meals.”

The rise in overseas travel from China and spending by Chinese consumers – as high as $341 billion CAD in 2018 alone – emphasizes the impact of AlphaPay’s all-in-one payment solution on the Canadian market. WeChat alone has over 1.2 billion users globally, roughly 2 million of which reside in Canada.


About T&T Supermarket

T&T Supermarkets is the largest Asian supermarket chain in Canada, operating stores in British Columbia, Alberta, and Ontario. T&T Supermarkets was founded in Vancouver in 1993 and is now led by second generation successor and CEO, Tina Lee. T&T Supermarkets is headquartered in Richmond, BC, with offices in Toronto, ON.

About AlphaPay

AlphaPay is a major influencer in the borderless payment technology industry in Canada. As a forward-thinking FinTech company, AlphaPay has developed and distributed payment technology services to bridge the gap between Canadian businesses and 1.4 billion users of Alipay, WeChat Pay, and UnionPay through borderless payment technology.

With a global network and revolutionary payment technology, we strive to deliver the most advanced equipment to AlphaPay’s merchants. Along with mobile payment solutions and in-house e-commerce and IT team, we have developed a full-service payment-marketing cycle and by providing analytical marketing solutions to enable them to reach a worldwide network of merchants and consumers. For more information, visit: www.alphapay.com.

Media Contact

AlphaPay

media@alphapay.com

1-855-937-7888