AlphaPay Foothold in Advanced Cross-border Payment Industry by Partnering Up with UnionPay International to Offer UnionPay QR Code Payments Across Canada

AlphaPay Foothold in Advanced Cross-border Payment Industry by Partnering Up with UnionPay International to Offer UnionPay QR Code Payments Across Canada

Vancouver, Canada – (Jun, 2018)–AlphaPay, a Canadian FinTech company with advanced payment technology, navigates Canadian merchants to the ever-growing Chinese market, established the partnership with UnionPay International for its cross border mobile payment–QR code payment expanding to Canada. AlphaPay is an official payment acquirer of UnionPay QRC, Alipay and WeChat Pay. This partnership further accelerates AlphaPay’s specialties, as the leading FinTech smart payment company, to service in Canada.

UnionPay serves the world’s largest cardholder base of more than 7 billion UnionPay cards issued worldwide, and is the major payment method with its physical card for outbound Chinese consumers. This partnership enables businesses in Canada to accept UnionPay QR code payments which delivered by the most trusted payment provider in the country, and brings the ultimate possibilities to capture a greater share of Chinese overseas purchasing power. The UnionPay QR code is a mobile payment in the UnionPay app. It will allow Chinese consumers to ”scan and pay” using their smart devices in UnionPay QRC’ merchant stores. This secure payment solution supports Android and iOS smartphones, as well as e-commerce integration.

Once the merchant enables the payment channel, it is automatically enrolled to the large user based UnionPay’s marketing promotions, loyalty programs and other value-added services. AlphaPay’s merchants will benefit from the exclusive instant discount promotions sponsored by UnionPay International. As these promotions are fully funded and distributed by UnionPay International, merchants remains in an ecosystem from payment to marketing with full advantage to increase brand awareness, sales transactions and customers traffic.

With this integration of the UnionPay QR code payment solution, AlpayPay remains in the forefront of the FinTech industry and brings Canadian business unlimited possibilities to the next growth.

About UnionPay International

UnionPay International (UPI) is a subsidiary of China UnionPay focused on the growth and support of UnionPay’s global business. In partnership with more than 2,000 institutions worldwide, UnionPay International has enabled card acceptance in 171 countries and regions with issuance in 51 countries and regions. UnionPay International provides high quality, cost effective and secure cross-border payment services to the world’s largest cardholder base and ensures convenient local services to a growing number of global UnionPay cardholders and merchants.

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

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