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HONG KONG, June 25, 2014 - (ACN Newswire) - econtext Asia Limited has recently added Alipay as a payment option for its international payment service so that many international merchants can use Alipay as a payment option on their websites, which offers merchants a more convenient way to sell products and provide services to consumers in China. VeriTrans Inc. ("VeriTrans"), an online payment service provider and subsidiary of econtext Asia Limited, has been providing Alipay as a payment option for its merchants in Japan since January 2012. This enables well-established merchants to connect with a vast number of customers who use Alipay, and provide a better cross-border shopping experience for consumers in China. A noteworthy example is the service's availability on "BuySmart Japan" (https://www.buysmartjapan.com/), a shopping service website targeted at consumers outside of Japan and operated by Kakaku.com, the largest shopping comparison website in Japan.
According to iResearch, Alipay is the largest third-party online payment service provider in China. Chinese consumers can use Alipay to pay for their purchases in a convenient manner and enjoy a smooth cross-border shopping experience.
econtext Asia Limited's strategy in adding this service is to offer more payment options across a number of sectors such as online merchants, airlines, hotels, and electronic content providers targeting the consumer market in China, while optimizing econtext Asia Limited's capabilities in international payment services.
Contact:
Strategic Financial Relations Limited
Vicky Lee +852 2864 4834 vicky.lee@sprg.com.hk
Gladys Kong +852 2864 4806 gladys.kong@sprg.com.hk
Candise Tang +852 2864 4858 candise.tang@sprg.com.hk
Fax: +852 2527 1196
Website: www.sprg.com.hk
Topic: Press release summary
Source: econtext Asia Limited
Sectors: Daily Finance, Daily News
https://www.acnnewswire.com
From the Asia Corporate News Network
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