Quest Systems - an Australian payments provider - is bringing mobile payment service AliPay to selected stores in Australia.
The move will allow Chinese shoppers to conveniently make purchases using the mobile payment service. According to Tourism Australia, Chinese tourists spend approximately $8,000 during each visit to Australia, which provides a significant opportunity for Australian retailers.
Alipay is now accepted at select stores within The Chemist Warehouse and My Chemist Pharmacy groups. The full rollout is planned for early 2017.
To pay using AliPay, shoppers will need to use their mobile phone to scan a code displayed on the screen of the QT720 payment terminal, before the screen displays the price of the item in both the Australian dollar and their local currency. Shoppers can then select the currency they would like to pay in.
Thanks to Quest's software, retailers don't need to change their existing point-of-sale (POS) software or invest in new or additional hardware in order to process Alipay transactions. "We've been able to maintain our existing payment and reconciliation processes, minimising change for our operators and enabling us to offer this convenient feature to our Chinese shoppers," said Mark Finocchiario, Managing Partner & Director at My Chemist.
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