Canadian payments firm SnapPay and Chinese payment platform Alipay have partnered to support acceptance of Alipay at Canadian-Chinese grocery chain FoodyMart.

Under the partnership, consumers can make Chinese currency payments at all FoodyMart locations.

This includes the Alipay Experience store in Richmond, British Columbia.

SnapPay’s payment gateway enables merchants across North America to accept digital payments from users of Chinese apps.

SnapPay chief growth officer Chris Renton said: “Our platform provides Canadian and U.S. Retailers with an extensive new revenue channel.

“North American retailers gain access to billions of untapped potential revenue by simply offering their customers the option to pay with the mobile apps and currency that they’re familiar with.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The latest tie-up will enable consumers to make payments in Chinese currency, while merchants get paid in Canadian or US dollars.

To make payments, consumers have to scan QR codes.

FoodyMart president Yiwei Cheng said: “Since deploying SnapPay last year, we’re seeing triple digit growth in our sales. Integration with our POS was a fast, easy process.

“In addition, the solution enables us to directly market to our customers through their mobile apps, which provides us with a brand-new channel to drive sales and customer loyalty.”

Last month, US-based pharmacy store chain Walgreens added support for Alipay at its stores.