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Alipay expands into New Zealand through Smartpay

  • News
  • March 14, 2018
Alipay expands into New Zealand through Smartpay

Smartpay has partnered with online payment platform, Alipay, China’s preferred payment method. The partnership will allow Smartpay to not only enable, but also acquire Alipay transactions.

Chinese consumers are one of our most popular tourists, and including Alipay will allow up to 25,000 merchants to gain access to these consumers.

Alipay, owned by Ant Financial Services Group, is the world’s largest mobile and online payment platform. With current users sitting in around 520 million.

Now Smartpay has included the platform within its offering that will see up to 25,000 Australian and New Zealand Smartpay merchants able to accept it.

Smartpay is commencing the Alipay rollout with a pilot program in New Zealand which enables participating merchants to generate a transaction specific QR code via the terminal for their customers to scan – the acceptance comes back to the terminal and can integrate seamlessly with the Point of Sale.

For merchants who wish to accept Alipay, for the vast majority this will be possible through a software update. A pilot in Australia will follow the New Zealand roll out in the next few months.

Beyond payments, Alipay helps merchants to market their offer to millions of Chinese tourists through unique capabilities like location-based marketing and loyalty rewards. Smartpay will earn a share of total transaction value through the agreement.

Bradley Gerdis, Smartpay managing director, said the brands similar target of consumer growth will help to strengthen the partnership.

 “Innovation is a key factor in our strategy to offer a complete end-to-end acquiring product and this partnership with Alipay will give us a competitive point of difference in important market segments, particularly tourism and hospitality.”

 “Our implementation of Alipay showcases our market leading SmartConnect cloud based open API payments platform as we leverage our investment in this cutting-edge technology to bring value added solutions to our merchants and their customers.”

Being able to further target to the Chinese consumer would be a financially smart move for retailers looking to capitalise on our second largest tourist market.

According to Tourism New Zealand, the average Chinese consumer has an average spend of $4,068 for an 18-day trip. According to Tourism New Zealand, Chinese holiday visitors are increasingly choosing to travel solo rather than a group. With 55 percent being independent professionals, and 31 percent being active baby-boomers.

Update: At the time this story was published, Smartpay shares jumped 35 percent. The shares climbed 6 cents to 22 cents, having dropped 12 percent in the past year.

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The Retail Hotlist: Blackbird Goods is 'Best provincial retailer'

  • News
  • August 15, 2018
  • Sarah Dunn
The Retail Hotlist: Blackbird Goods is 'Best provincial retailer'

Back in June, we celebrated retail's best and brightest with NZ Retail and The Register's first-ever awards: The Retail Hotlist. We've been sharing the stories behind the winners for a couple of months now. Read on for the last installment in the series: Blackbirds Goods of Napier, who won 'Best provincial retailer.'

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Cocavo expands 4,000 stores further into the US

  • News
  • August 14, 2018
  • Courtney Devereux
Cocavo expands 4,000 stores further into the US

Whangarei founded company Cocavo has recently extended into over 4,000 Walmart stores in the US. We spoke to CEO of Cocavo, Chris Nathan, about what it takes to roll out the humble New Zealand product further into international markets.

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The Retail Hotlist: 'Retail visionary' goes to GoodFor's James Denton

  • News
  • August 14, 2018
  • Sarah Dunn
The Retail Hotlist: 'Retail visionary' goes to GoodFor's James Denton

We've been sharing the stories behind each winner of our awards programme, The Retail Hotlist. We're nearly at the end of the list - but first, read how James Denton from packageless grocery start-up GoodFor was named 'Retail visionary'.

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Menulog introduces people's choice to online restaurant awards

  • News
  • August 13, 2018
Menulog introduces people's choice to online restaurant awards

Technology has aimed to add convenience to all parts of life, food delivery included. As our nation's love for dining out and ordering in has meant food delivery providers have had to keep up with increasing demand. Menulog, for example, has included a new people’s choice vote in its winter Restaurant Awards.

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The Retail Hotlist: Cecilia Robinson is 'Most influential in retail'

  • News
  • August 13, 2018
  • Sarah Dunn
The Retail Hotlist: Cecilia Robinson is 'Most influential in retail'

The Retail Hotlist is The Register and NZ Retail's awards programme. Following the launch in June, we're now sharing the stories behind our winners. This time, Cecilia Robinson, winner of 'Most influential in retail', talks My Food Bag, future predictions and management.

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Vote and win: Vote for our cover in the People’s Choice awards

  • News
  • August 10, 2018
  • The Register team
Vote and win: Vote for our cover in the People’s Choice awards

The NZ Retail and The Register team is excited to announce that we’re one of 12 finalists to win the Magshop People’s Choice Awards for the best magazine cover of 2018. We need your help to get to the finish line, but your support won’t go unrewarded: there’s a prize pool for voters totalling more than $3,300.

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