September 12, 2018
CITCON, the leading cross-border mobile payment company in North America, today announced a partnership with GK Software, a global leader in omni-channel retail. Through the partnership, GK’s North American customers will be able to immediately connect and accept payments from over one billion users of Alipay and WeChat Pay, the preferred payment options for Chinese consumers.
GK Software’s TransAction+ payment processing application, which integrates with a variety of point-of-sale systems, is a turnkey, robust and secure enterprise level payments solution used by leading North American retailers and restaurants. TransAction+ is a light solution that delivers a seamless experience for merchants without additional development work. By integrating with CITCON’s API, the application now supports efficient access to both Alipay and WeChat Pay transactions.
“We are thrilled to work with CITCON to deliver improved payment options that meet the needs of global customers in North America,” said Todd Barstow, Vice President of Sales, GK Software USA. “With TransAction+, CITCON will be able to deliver the fast, frictionless payment processing experience that both shoppers and retailers demand."
Alipay, the world’s leading digital payment platform operated by Ant Financial Services Group, provides in-store payment service in more than 40 countries across the world. Through Alipay’s geolocation-based “Discover” function and push notifications within the app, Chinese consumers can also locate merchants nearby, receive promotional information and make purchasing decisions. WeChat Pay is a fully integrated payment solution within WeChat, one of the world's fastest growing social apps with one billion active users. Adding the integrated payment solution allows merchants to better service millions of Chinese tourists, local Chinese residents and students in the U.S. and tap into a larger revenue stream.
“China has been the world’s number one outbound tourism country for five consecutive years, with spending from Chinese tourists abroad making up 21% of all tourism spending,” said Wei Jiang, President and COO, CITCON. “Understanding the consumer preference, making it easy and convenient for them to pay and keeping them engaged by leveraging the social and marketing capabilities are key for retailers to succeed with Chinese consumers. We are excited to partner with GK Software to bring this unique solution to merchants and help them capitalize on the massive market opportunity.”
About CITCON
Silicon Valley-based CITCON is the mobile payment solution leader for merchants to accept the fast-growing mobile wallets at the global scale. In North America, CITCON is the first and largest authorized merchant acquirer for Alipay and WeChat Pay, two of the most popular mobile wallet providers in the world with over 1 billion active users and over $800 billion mobile payment volume. CITCON provides both in-store, and mobile / web / E-commerce payment solutions for thousands of merchants including renowned brands such as Caesars Entertainment Group, DFS, i-Shoppes, Pacific Gateway, China Unicom, YamiBuy among others, covering a wide variety of business sectors such as Retail, Hotel, Food & Beverage, Transportation, Entertainment Education and E-commerce. CITCON management team consists of payment and technology veterans from VISA, PayPal, eBay, Uber, JD, Western Union. CITCON is backed by top notch Silicon Valley venture capital firms and received strategic investments from two public-traded multi-billion- dollar technology companies in China. For more information, please visit http://www.citcon.com.
