GlobePay, the official partner of WeChat and AliPay, are rolling out the Chinese payment network to UK businesses. Used by almost one billion people worldwide and responsible for the majority of transactions in the Chinese market, Globepay are now offering UK merchants the chance to become part of one of the fastest growing payment networks in the world. From Chinese tourists visiting bars, restaurants and tourist sights, to the online payment and e-commerce applications, merchants are already seeing the benefits of the new service.
The UK is seeing ever increasing tourism numbers from mainland China and the trend looks set to continue – China’s current economic strength, coupled with a weak pound have moved the UK to be one of the top choices for outbound Chinese tourists. The race to gain exposure to the Chinese tourist market has certainly begun, with WeChat’s offering of WeChat Official and AliPay’s Discovery program promoting UK tourism destinations to inbound visitors, both when planning their visit and when in the UK.
Anna Hu, GlobePay Director said: “We are seeing great early results, with merchants reporting strong take up and customers making the most of being able to use the service they are used to at home. We have also seen high interest in our advertising offering, which has created a real buzz for destination restaurants and tourism sights”.
With Blenheim Palace, Castle Howard and The Langholm amongst businesses to have already signed up for the new technology, GlobePay are anticipating further success in the future, with a number of large retailers and exclusive brands looking to increase their stake in this growing market.