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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/

AlphaPay’s New Collaboration with Herschel Supply Co. for Its Growth Among Chinese Mobile Payment Users

Vancouver, Canada – (Sep, 2018)–Herschel Supply Co. (“Herschel”), a design-driven global lifestyle brand. Headquartered in Vancouver, Canada, Herschel is known for transforming the classic backpack and offering other timeless accessory products. AlphaPay, the Vancouver based FinTech company, dedicated to bridging the gap between Canadian merchants and Chinese customers. This collaboration, by enabling advanced payment technology in Herschel’s stores in the Lower Mainland, allows customers to pay with Alipay and WeChat pay on their mobile devices.

Herschel is originally known for its contemporary renditions of classic backpack silhouettes, Herschel’s range has since enlarged now. There is luggage, a versatile selection of totes, duffels, messengers, apparel, and seemingly endless pipeline of things to come through its dedication to quality and adventure. As a street fashion brand, Herschel is expanding, and continues to rack up partnerships with valuable global brands: Disney, Starbucks, Coca Cola and Stussy has shown the versatility of the products, customers from all over the world collect its collaborative products with the Herschel stamp giving it authenticity and long-term loyalty.

With the partnership with AlphaPay, the mobile payment acceptance enables in multiple Herschel locations, Chinese mobile users can easily pay with their home currency on their mobile devices, and able to purchase Herschel’s variety products for whatever reasons they need.

Additional benefits deliver to AlphaPay’s merchants will be providing marketing channels for branding on Alipay’s Discovery platform, the lifestyle platform with a large user base. In the Alipay Discovery platform, Alipay users can also see as activities and exhibitions, business hours, get directions and even purchase coupons to Herschel. It instantly shows the results such as: grow the Company, increase brand awareness and extend its global footprint as it transforms into a culturally relevant lifestyle brand.

The partnership with AlphaPay will help Herschel build up an image as a global iconic brand that transcends cultures, ages, genders, and demographics, and expand to reach out to Chinese customers with timeless products that are part of global culture and synonymous with travel, experience and discovery.

AlphaPay is excited to conduct Canadian Merchants with Chinese mobile users, and will help all merchants achieve continued success with the knowledge of payment and marketing solutions for Chinese market.

ABOUT Herschel Supply Co.

Headquartered in Vancouver, Canada, Herschel Supply is a design-driven global lifestyle brand that produces timeless products with utility design. Founded in 2009 by brothers Jamie and Lyndon Cormack, Herschel Supply adopted the name of a small town where three generations of their family were raised.

Originally known for their contemporary renditions of classic backpack silhouettes, Herschel’s range has since expanded to include luggage, headwear, accessories, apparel, and more. Today, Herschel products are sold in over 90 countries with over 10,000 stockists worldwide and the support of over 200 employees across offices in Vancouver, New York, Los Angeles, Shanghai, and Hong Kong.

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
media@alphapay.com
Phone: 1-855-937-7888

West Edmonton Mall Established Partnership with AlphaPay to accept WeChat Pay and Alipay

(The First LV Store in Edmonton)

Vancouver, Canada (July, 2018) WeChat Pay and Alipay are mobile-based payment platforms that are widely used by the Chinese populace. West Edmonton Mall has teamed up with AlphaPay, an Alipay and WeChat pay service provider, to allow consumers to purchase admission to parks, pay for their stay at Fantasyland Hotel, or purchase WEM gift cards at Guest Services which can be used to make purchases within the Mall.

Several merchants in West Edmonton Mall have also begun using Alipay and WeChat pay at their point-of-sale. All retailers should consider it — Alipay has a “discover” function which allows travellers to locate merchants in the Mall that accept this form of payment. This solution also enables merchants to reduce friction in the check-out process, offer seamless payment experiences anywhere in the store, and engage consumers in new and innovative ways. The “Outbound Chinese Tourism and Consumption Trend: 2017 Survey” found that Chinese tourists use mobile payment overseas far more frequently than their non-Chinese counterparts, and over 90% Chinese tourists would use mobile payment overseas given the option.

Chinese tourists are big spenders, and good for business. The number of Chinese citizens traveling overseas has been steadily increasing year by year. According to statistics from the China National Tourism Administration, Chinese tourists travelled overseas on 131 million occasions in 2017, an increase of 7% from the previous year. Statistics from the International Tourism Association shows that the overseas spending by Chinese tourists last year was as high as $341 billion (CAD) in 2016, increasing 4.5% over the same period (year-on-year) and was ranked first among all tourists worldwide. With this growing trend, West Edmonton Mall believes that offering Chinese specific mobile payment options will deliver a superior customer experience for the changing behavior of today’s Chinese consumers.

As well, we’re told that several luxury retailers are expected to be moving into West Edmonton Mall in 2019, stay tuned for some big announcements.

ABOUT West Edmonton Mall

West Edmonton Mall has seen an increase in foot traffic with the addition of new retailers at a wide range of price points, and landlord Triple Five continues to target new brands and concepts to draw customers from the Edmonton market and beyond. The mall’s leasing team has been reaching out to international brands in an attempt to have them open in the centre, including some names currently not in the Canadian market. Already, the ‘main run’ in the shopping centre is said to see annual sales per square foot exceeding $1,200, and brands are taking notice. Japanese retailer Uniqlo recently opened at West Edmonton Mall to long lineups, and the centre is in discussions with various brokers and retail concepts to open in the centre which includes an assortment of retailers as well as restaurants and bars, entertainment centres and other attractions.

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

AlphaPay Established The Partnership with Eigen to Enable Integrated Alipay and WeChat Pay in North America

Vancouver, Canada – (Mar 2018)–In today’s mobile payment industry, AlphaPay is one of the world’s leading FinTech companies and an official payment acquirer of two Chinese mobile payment giants–Alipay and WeChat Pay in North American Market. With its full-service for local merchant, AlphaPay foothold its service by collaborating with Eigen Development Ltd.(“Eigen”), a leading provider of PCI-validated point-to-point encryption (P2PE) managed payment solutions for the retail, restaurant and hospitality industries in North America.

AlphaPay provides a number of mobile payment solutions and enables acceptance of contactless and borderless payments, such as Alipay and WeChat Pay. A merchant using AlphaPay’s cross border payment solution will benefit from improved payment methods, automated process, streamlined reconciliation, and eligibility for business owners to review statements.

Eigen’s integrated solutions are implemented at a wide range of industries in North America, including sports and entertainment venues, airports, food service providers, casinos, table service restaurants and QSR restaurants. Eigen is now adapting mobile payment technology powered by AlphaPay to process Alipay and WeChat Pay on mobile devices in the U.S. and Canada, supporting the vast majority of merchants in North America.

Just as more and more stores have hired Chinese staff to communicate with Chinese customers in their mother tongue, more Canadian retailers may feel the need to accept Chinese mobile payment such as Alipay and WeChat pay to provide a better service for Chinese customers. These two dominant operators, Alipay, which is run by Alibaba-affiliate Ant Financial, and WeChat Pay, which is tied to Tencent’s ubiquitous Chinese messaging app, WeChat will cover 90% of the Chinese mobile users as potential customers for Canadian merchants.

ABOUT Eigen Development

Eigen has been providing premier integrated payment solutions to North American merchants for over 25 years. Eigen’s suite of managed payment solutions work seamlessly with leading retail, restaurant and hospitality Point of Sale (POS) systems, offering features such as P2PE, contactless NFC (Apple Pay, Samsung Pay) and Pay at the Table (PATT), with support for EMV, tokenization, Gift Card, E-commerce and online ordering. Our Complete Payments Management approach results in secure, reliable and fast payment transactions. Eigen is a Gold Partner member of the Oracle Partner Network.

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

media@alphapay.com

Phone: 1-855-937-7888