The number of people in China using their phones to pay for goods and services at the point of sale (POS) more than doubled last year, and by 2020 almost half of all smartphone users will be making proximity mobile payments, eMarketer projects. According to eMarketer’s first-ever estimates of mobile payment usage in China, there will be 195.3 million people using the technology in 2016—growth of 45.8% over last year.
Mobile Payment is changing people’s life in China. Each Chinese spent over 2.5 hours per day on Smart Phone doing and paying for almost everything. The booming economy drives more affluent Chinese buying from global brands when travelling aboard or even at home, 12.5 Million Chinese were visiting Europe in 2015 and spent over €50 billion. Now by implementing 2paynow®, you can exploit this appealing target and share the benefit of future payment accepted by Chinese consumer and all consumers around the world in the future.
2paynow® is an App based POS system that allow you accept Alipay by simply scanning QR code, Merchants will then receive Euros when consumers spent their home currency in seconds.
Launched in 2004, Alipay is the world’s leading third-party payment platform with over 450 million active registered users. In addition to online payment functions, Alipay is expanding to offline payments both inside and outside of China. As of December 2015, Alipay was accepted in more than 50,000 retail stores outside of China, and tax refund via Alipay is supported in 24 countries and regions.2paynow® as Alipay’s certified payment and marketing partner, will not only help you to accept Alipay payment, but also help you reach more potential customers by marketing activities with Alipay.
The Chinese tourism market is growing constantly in Europe and offers enormous revenue opportunities for retailers.With 2PayNow solution for Alipay, China’s largest mobile payment network, you can attract wealthy new customers from China by accepting the Alipay app at your point of sale.
Allow Chinese tourists to pay viaAlipay Barcode Payment while on their travels. The app has a market share of 80% in China and enjoys the full confidence of its users. We offer you various technical solutions to accept Alipay without the need to open a bank account in China. Join us now or contact us to find out more about how we are able to help your sales.