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.
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