WELCOME TO THE EVOLUTION.

 

About CANADAPAY

CanadaPay is a marketing and payment technology company based in Vancouver BC, Canada, that has partnered with the two largest Chinese mobile payment platforms, WeChat Pay and Alipay. We aim to connect local merchants with Chinese tourists and new immigrants who now represent the world's largest spending demographic.

With these two payment options and targeted marketing, Chinese tourists and local residents will be able to buy goods in Canada with their accounts from China and pay in RMB. Local merchants would be paid in CAD funds like normal. Chinese consumers can enjoy the familiarity of their popular payment methods using their local currency and retailers open themselves to increased growth, sales and exposure.

January 18, 2019

Why China’s Payment Apps Give U.S. Bankers Nightmares

The future of consumer payments may not be designed in New York or London but in China. There, money flows mainly through a pair of digital ecosystems that blend social media, commerce and banking—all run by two of the world’s most valuable companies.

February 15, 2018

iFresh Announces the Acceptance of Alipay Online and in Stores Nationwide

(“iFresh” or “the Company”), a leading Asian American grocery supermarket chain and online grocer, announced today that iFresh customers will soon be able to pay for items using Alipay’s Mobile Wallet.

February 15, 2018

China’s tourists go global, smartphones in hand

This month, 6.5 million Chinese will travel abroad for the Chinese New Year holiday. They’ll bring luggage, smartphones and a desire to use the same technological conveniences they’ve grown accustomed to at home.

November 07, 2017

WeChat Is Becoming a Sales Tool For Luxury Brand Sales Associates

WeChat is not only a tool for Daigou to sell, it is also used by sales associates of luxury brands to communicate with clients.

June 06, 2017

With Chinese travelers being one of the most valuable customer bases for luxury goods, negotiations are underway to make mobile payment solutions WeChat Pay and Alipay acceptable in North America.

June 01, 2017

Travel companies are starting to wake up to the importance of virtual payment technology.

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In the News

Why WeChat Pay & Alipay?
WeChat Pay is growing at an exponential rate. It has the backing of China's largest social networking app, WeChat, which claims close to 900 million active monthly users globally. That number is growing at a rapid pace and will soon break the billion user mark.
Alipay had the biggest market share in China with 400 million users and control of just under half of China's online payment market at the end of 2016.
Combined they handled 72% (Alipay 39% & WeChat Pay 33%) of the mobile payment transactions in China at the end of 2016