For any business you run in an
online platform, be it a fashion eCommerce website or a travel app, you will
need the service of a payment service provider to facilitate transactions. With
the rise in the number of smartphone users, the trend of purchases done through
mobile devices is popular. For an online merchant in Mainland China and Hong
Kong, Payment Asia provides its services
to facilitates cashless transactions.
Mobile Payment Gateway
The mobile payment gateway is a
safe and secure way to process the transaction between a mobile user and the
merchant. The user will be able to wire the money to your account in exchange
for your service or product. As the customer moves the selected items to the
shopping cart as he/ she decides to purchase the item.
The cart is linked to a
payment gateway service in which the user is required to enter the card
details. As the user checks out, the payment gateway sends the information to
the issuing bank to get approval for the transaction. The approval is then communicated to the merchant account.
Benefits of Mobile Payment
Solutions
Convenience is the best feature
of mobile payments. A considerable percentage of people own a smartphone and it
has become a part of their daily tasks from checking time, weather conditions
to reading the current news.
As an online merchant, you can now reach the palm
of a customer through mobile payment solutions. These solutions eliminate the
requirement of carrying cards or cash for the customer. Additionally, it
provides security measures like biometric authentication making it safe to use.
It provides a quicker and user-friendly experience to the customer as the
transactions are fast and easy.
PA Pay App
To serve the ever-increasing
demands from customers, Payment Asia has launched a mobile application
payment gateway called PA Pay app. The application currently supports Alipay,
WeChat Pay, and Union Pay which are very popular among the users of Mainland
China and Hong Kong.
The app offers shorter settlement periods compared to
credit cards which result in cost-effective operations. PA Pay App makes use of
QR codes, which ensures the security of
the payment transaction with its encryption. PaymentAsia reviews suggest an excellent service available across Hong Kong –
China border which benefits the merchants. The realtime payment notification
and transaction reports can aid the customers to keep track of transactions. It
supports offline payment too.
Payment Process through Mobile
App with POS
When using a POS (Point-of-Sale)
machine, the merchant can log into the PA Pay Appand enter the transaction
amount. The customer can show his/ her QR code which can be scanned using the
smart POS terminal provided by Payment Asia. This completes the transaction. If
the customer is using Alipay, WebChat Pay or Union Pay QR Code, the merchant’s
QR code can be scanned using the mobile device. The transaction is completed as
the customer enters the amount.
Payment Asia Reviews
highlight a feature of availability of comprehensive reporting to the merchants
which help them to maintain transparent and efficient data with
analysis-friendly transactions records.
