Alipay, the world’s leading digital payment platform operated by Ant Financial Services Group, today announced that its partnership with Motion Pay Technology Inc. (Motion Pay) has resulted in a significant number of merchants across Canada enabling Alipay at point-of-sale.
Motion Pay is a Canadian-based fintech company that empowers Canadian merchants to accept Chinese payments.
Through the partnership, Alipay is now accepted in all major cities in Canada including Toronto, Vancouver, Montreal, Ottawa, Banff, among others, and across several categories including retail, restaurants, hospitality, and luxury.
“We are thrilled with the success of our partnership with Motion Pay to date, which has played an instrumental role in our growth across Canada this past year,” said Souheil Badran, President of Alipay, Americas. “As our first Canadian partner, Motion Pay has helped us to reach critical mass in acceptance points across Canada. We look forward to continuing our relationship and enabling even more Canadian brands and retailers to connect with the growing number of Chinese consumers seeking items they can’t find at home, and simplifying payments by offering Alipay’s familiar method.”
Alipay is China's leading online payment provider and the primary means of online and mobile payment for Chinese consumers. Through the partnership, Alipay’s more than 520 million active users in China will be able to use their Alipay Mobile Wallet at point-of-sale with Motion Pay merchants, both in-store and online.
“Chinese consumers are a rapidly-increasing segment for Canadian merchants,” said Eric Paquet, president of Motion Pay Technology Inc. “We continue to drive Alipay’s Canadian market adoption in every major Canadian city from Halifax to Vancouver. Many Canadian merchants can already attest to Alipay helping their business expand Chinese commercial, tourism and trade opportunities.”
Marco Pasteris, VP of Business Development of the Birks Group Inc., compliments the Alipay-Motion Pay payment solution, “Thanks to Motion Pay, we are one of the first merchants to accept Alipay in Canada. Our payment solution from Alipay and Motion Pay offers data security, stability and efficiency on transactions.”
Nathan Xu, co-founder of Baby enRoute, sees great growth potential providing this payment service. “We received so many benefits from accepting Alipay in our store. It helps us to provide a fast checkout service to our customers and allows us to maintain our existing payment process. Through Alipay’s ‘Discover’ function we can offer marketing promotions that attract more Chinese customers who come to our store willing to spend because of the simplicity and familiarity of Alipay.”