SHANGHAI, March 14, 2019 /PRNewswire/ — AllPay has released a new product for merchants – Wechat Pay HK e-Wallet, which is now integrated within AllPay’s All-in-one payment solution together with Wechat Pay and Alipay from mainland China. This solution allows customers to make payments in various scenarios in Hong Kong such as taxies, kiosks, supermarkets and chain stores. With AllPay’s All-in-one app for QR code payment, merchants, such as Hong Kong-based restaurants, supermarkets, and chain stores, can support payments from wallet users.
The two payment apps Alipay and Wechat Pay offer billions of people an easy way to store and use their money through their mobile phone. In mainland China, Wechat Pay and Alipay are deeply integrated into people’s lives. In contrast, cash, credit cards and Octopus cards still act as the main payment methods in Hong Kong. Since more and more visitors are traveling to Hong Kong, the lack of a convenient payment method is affecting the market, because people are less willing to carry large amounts of cash and credit card fraud is a concern.
Wechat Pay HK e-Wallet brings great convenience to local Hong Kong people and allows mainland visitors to still use Alipay and Wechat Pay. AllPay’s solution can also help Hong Kong merchants support customers’ mobile payments, increasing sales. AllPay also offers a very economical fee for merchants, saving up to 1%-2% on the transaction fee compared to credit cards, and costing nothing for the one time access fee.
The main advantages for AllPay’s solution for merchants
- All-in-one solution for Wechat Pay and Alipay
With AllPay’s App or static code, merchants can easily accept payments from both Alipay and Wechat Pay as well as the wallet in Hong Kong.
- 0 cost for account setup and application
Free for one time access (original price: $300 HKD) through AllPay with very friendly online service.
- App or static QR code
A merchant can use AllPay’s app to scan the customer QR wallet or have a static QR code from AllPay for the customer to scan and pay.
- No extra charge on currency exchange
AllPay automatically converts the payment into HK dollars, ensuring no exchange loss.
- Strong platform management
AllPay offers a powerful platform for merchants to check transactions with two different modes.
Staff mode: staff can receive payment notifications and check transaction records.
Admin mode: for store owners with functions including store and staff management, transaction check, refund, set up settlement bank account, etc.
- Transaction record checking anytime on mobile
Merchants can also use their mobile phone to check transactions at any time.
As one of the leading cross-border payment service company and an industry innovator, AllPay provides merchants with safe, convenient payment products in order to increase merchants’ sales and operation efficiency.
AllPay is a leading all-in-one payment service provider focusing on cross-border payment processing and services. We work with many global banks, payment companies and remittance companies to provide safe, fast and stable one-stop cross-border payment and settlement services & solutions for merchants around the world. www.allpayx.com
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