Alipay: open your doors to millions of Chinese customers

Diego Katzman

By Diego Katzman. Follow: Linkedin Facebook Twitter
Published 13/07/2020

Does your online shop receive purchases from Chinese tourists? What are their favourite payment methods? If your business is visited daily by consumers from China, now it is time to think about them: what are their preferences and needs? What worries them? How do they usually pay? All the answers will help your business to adapt and respond effectively to user requirements, improving their shopping experience in your e-Commerce.

A satisfied client is the best advertisement for your company and a powerful indicator of success. Don't forget it!

 

Experience fast, easy and secure online payments with Alipay

This is the popular payment method in China. More than 1 billion users have already signed up on the online and mobile payment leader, which means that more than 1,000 million consumers will be happy to buy in those stores that have this payment system. Have you thought about everything you could achieve by offering this method to your clients?

Alipay is the perfect payment system to pay online quickly, easily and safely. Users can make payments with their mobile phones, while optimize the way they perform this action for any type of product or service. By providing a financial services offer tailored to your Chinese customers, you will be improving the possibilities of your online business.

  • You will access millions of consumers
  • Payment processes will be very fast.
  • There will be no extra cost of exchange rate.
  • It is monitored in real time
  • It provides support in marketing promotions
  • You will increase your store visibility
  • Chinese tourists will be able to see your business information in the application.
  • You can create promotional campaigns for Chinese clients.

For all of these reasons and more, we integrate this solution in PayXpert so that your e-Commerce can receive payments from mobile phones in a very simple way. By having your shop included in Alipay, you will appear on the page of the city where it is located. The Alipay implementation process is easy… Discover the solutions adapted to your business we can offer you and start receiving your payments!

 

This is how the favourite method of your Chinese clients works

The Alipay system is a payment service belonging to Alibaba. Since its launch, it has become the most widely used mobile payment platform in China. So much so that many users consider it as a kind of PayPal that guarantees the security of payments and the protection of users.

All consumers need is to open an account from their mobile phones through the application. They can link it from the same debit or credit card. In addition, transactions are performed directly, without commissions or intermediaries.

Users who use this App can also link their faces to Alipay accounts, which offers a field of possibilities when they go to shops with facial recognition machines, or even through their fingerprints as in other Android payment systems.

In short, Alipay can be used in most Chinese stores, but this method is spreading to e-commerce in other European countries due to its facilities. We have it clear: we help your business to include this system with PayXpert for several reasons:

  • We are official partners of Alipay. 
  • We have more than 100 alternative payment options integrated into our platform.
  • We have innovative and secure technology to receive your payments
  • We are experts and have the necessary knowledge of the Chinese payments market.
  • We are a regulated payment entity throughout Europe
  • You will be able to carry out advertising campaigns already available in Alipay.

We are here to help you!

 

Alipay's growth in e-Commerce in Europe

In 2019, the payment platform announced its goal of supporting 10 million European SMEs for the next five years. It would do so using innovative technology that would enable merchants to improve their services, as well as sell to more than 2 billion potential customers traveling to Europe.

According to Eric Jing, President and CEO of Ant Financial: “Our aim is to improve the way in which individuals and businesses buy, sell and receive payments, and to do this, we need to draw upon the strength of our partnerships. Our growth has only been possible due to the network of partners we have established, and working together, we will make it easier for anyone to do business anywhere.”

Thanks to PayXpert, European e-business can easily include this solution in their online payment forms, enhancing the service to the growing number of tourists and e-commerce buyers around the world.

Proof of its growth in the last year has been the spending of Chinese tourists in Golden Week, a vacation period from 1 to 7 October. Spain was the third country where they spent the most according to data provided by the platform. The figures ranged around 12,000 yuan (approximately 1,364 pounds). As TPVnews has pointed out: “This represents a year-on-year increase of more than 48%. Besides, the total volume of transactions performed by Chinese tourists in Spain rises more than 200%, compared to the same period of the previous year, the country with the highest growth in Europe.”

After this development in purchases from Chinese clients, Madrid and Barcelona are said to already compete with cities such as Paris and London, as they are the places where shoppers from China buy the most. This was announced by Rodrigo Cipriani, CEO of Alibaba Group for Southern Europe and Managing Director of Alipay for Spain and Italy

 

Short conclusion on the relationship between PayXpert and Alipay

As a fintech specialized in the integration and management of the most innovative payment solutions, PayXpert is the only official partner of Alipay and WeChat Pay in Spain, the most widely used methods in China. Its vast experience in other more advanced markets in digital payments has enabled PayXpert to provide customers with the latest advances in payment technology.

Do you want to know more about it? You just have to contact us and we will be happy to help you.

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