Alipay is teaming up with Canadian cross-border payment provider SnapPay to bring the popular mobile payment app to grocery chain FoodyMart, a move that will further expand Alipay’s footprint in North America.
SnapPay, a Canadian partner of Alipay International, allows merchants in Canada and the US to accept digital payments from Chinese consumers in their local currencies using the Alipay app. The company said the solution benefits both retailers and consumers by reducing fees for merchants and lowering cost of purchase for consumers.
“North American retailers gain access to billions of untapped potential revenues by simply offering their customers the option to pay with the mobile apps and currency that they’re familiar with,” said Chris Renton, Chief Growth Officer of SnapPay.
Start your free trial now.
Get instant access to all our premium content, archives, newsletters, and online community.
Monthly Membership
Yearly Membership
What you get
Full access to all premium content and our full archives
Members'-only newsletters
Preferential access and discounts to all TechNode events
Direct access to the TechNode newsroom
Start your free trial now.
Get instant access to all our premium content, archives, newsletters, and online community.