 |
HONG KONG, Aug. 1, 2012 /PRNewswire-Asia/ -- Computop, a leading international Payment Service Provider (PSP), has integrated Alipay into its Paygate payment platform. The online payment method is the preferred payment method in China and offers merchants from all over the world easy and quick access to this expanding market.
According to a survey by China IntelliConsulting Corp., around 77.4 percent of first time online shoppers in China chose Alipay to pay for their first online purchase. 88.8 percent of the survey respondent named also Alipay as their preferred online payment tool. As of December 2011, Alipay had more than 650 million registered accounts.
"We are glad to be working with Computop to help more international merchants tap into the growing Chinese market," said Maggie Choo, Senior Director of Alipay. "Through our cooperation with Computop, Paygate customers will be able to support Chinese consumers' payment preferences and bolster online sales in the region."
"By offering Alipay through Computop Paygate, we are enabling companies to easily and securely sell into the vast buying audience in China," said Ralf Gladis, CEO of Computop. "Through Computop Paygate, Chinese companies can connect to the domestic Alipay Platform and settle in Yuan. For European and American companies, on the other hand, we have connected to the international Alipay Platform where they can settle in Euros, British Pounds or US-Dollars. This is all part of the combined Paygate/Alipay solution. We are excited to be able to help merchants easily expand to China."
Multinational retailers who are already active in the Chinese market can utilize the Computop platform, which is especially designed for their needs, and which is also based on the developed solution with Alipay. These solutions were modified in accordance with Chinese market requirements. In August, two Computop clients will utilize this solution in the Chinese market.
About Alipay
Launched in 2004, Alipay (www.alipay.com) is a commonly used third-party online payment solution in China, providing an easy, safe and secure way for millions of individuals and businesses to make and receive payments on the Internet. It had more than 650 million registered accounts as of December 2011. Alipay provides an escrow payment service that reduces transaction risk for online consumers. Shoppers have the ability to verify whether they are happy with goods they have purchased before releasing funds to the seller. Alipay is an affiliate of Alibaba Group.
About the Computop Paygate platform
Computop Paygate 4.0 is a multichannel payment platform that provides online retailers with secure payment solutions and efficient fraud prevention for international markets. With just one interface needed, Computop Paygate allows online retailers to get access to dozens of international payment systems, and includes fraud prevention for North America, Europe and Asia. Leading e-commerce solutions from the likes of Demandware, hybris, Magento and Oxid all support Computop Paygate as a preferred payment service solution for global payment processing. In addition, Computop Paygate has been integrated into SAP's Business ByDesign business software to provide secure global payment processing.
About Computop
Computop is a payment service provider (PSP) that was founded in 1997 and is headquartered in Bamberg, Germany. The company has global customers such as Fossil, C&A, Samsung and TUI and has offices located in North America and Europe. Computop's Paygate PCI-compliant hosted payment solution supports all non-customer present payments, including telephone, online and mobile.
For further information please visit: www.computop.com.
For more information, please contact:
Xixi Wang
Computop Wirtschaftsinformatik GmbH
Tel: +49 951 9 80 09 67
E-mail: xixi.wang@computop.com
Dora Chai
Alibabab Group International Corporate Affairs
Tel: +86 571 8502 2088 ext. 39520
E-mail: dora.chail@alibaba-inc.com
