econtext ASIA has partnered with All In Pay Network Services (All In Pay), a Chinese integrated payment processing service business, to promote cross-border payment services in regions including Japan, Hong Kong, Macau, Taiwan, Indonesia, India and Vietnam.
The cooperation between the Hong Kong-based intermediate holding company under Digital Garage Group and All In Pay will help merchants to enter the Chinese market and will offer a diversified payment service for Chinese consumers to use for global purchases.
With the cross-border shopping market estimated to reach RMB1trn ($160.92bn) by 2018, econtext ASIA will benefit from the traffic sourced via All In Pay and its partners to merchants in Japan and other regions enriching cross-border shopping experience of Chinese consumers.
econtext ASIA that provides purchasing, payment and cross-border logistics service to Chinese consumers who favors Japanese products will work with All In Pay continuing to assist merchants in Japan and other regions to enter the Chinese market in future.
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By GlobalData