Sa Sa to simply accept WeChat funds instore
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Magnificence merchandise retailer Sa Sa is to simply accept Tencent’s WeChat funds in 100 Hong Kong shops.
Sa Sa thus turns into the primary international retail companion of tencent’s new offline WeChat-based cross-border cost service, TenPay.
WeChat’s Tenpay permits account holders, principally Chinese language mainlanders, to scan the QR Code on their cell phone utilizing the WeChat app, and shortly make a cost on-line. Now the service is being rolled out offline permitting funds to be made in bodily shops, by comparable means. Each WeChat account holder has a singular QR code inside the app – which may also be used to scan different QR codes to entry web pages, particular presents and an entire vary of different providers and knowledge.
Sa Sa says the transfer to simply accept TenPay demonstrates its dedication to exploring on-line to offline (O2O) enterprise alternatives.
“The pioneering act is predicted to show over a brand new leaf within the improvement of offline cellular cost,” Sa Sa stated in a press release.
“The group has been dedicated to selling O2O enterprise within the final yr, with the purpose of offering clients with a extra complete buying expertise involving a number of channels and touchpoints. The launch of cross-border offline WeChat Cost doesn’t solely show the group’s dedication in enhancing the usual of its providers, but in addition lays a key milestone within the improvement of the group’s O2O enterprise. The group will proceed to introduce new O2O experiences which are handy to clients in order that the group will be capable of seize alternatives and increase its enterprise underneath progressive deployment of various O2O purchasing experiences,” stated Sa Sa.
“The pioneering act is predicted to show over a brand new leaf within the improvement of offline cellular cost,”
“We hope to offer mainland customers of WeChat with a extra handy cost technique for purchasing in Hong Kong by means of our partnership with Sa Sa. In the meantime, Sa Sa’s in depth retail community all through Hong Kong in addition to its numerous buyer base will allow us to successfully promote WeChat Cost, with the goal of extending such revolutionary cellular cost to different retailers and ultimately gaining reputation in Hong Kong. The appliance of WeChat Cost shall be expanded to the remainder of the world following the footprint of Chinese language vacationers. ”
A Tencent spokesman stated the transfer would supply added comfort for mainland WeChat customers. “In the meantime, Sa Sa’s in depth retail community all through Hong Kong in addition to its numerous buyer base will allow us to successfully promote WeChat Cost, with the goal of extending such revolutionary cellular cost to different retailers and ultimately gaining reputation in Hong Kong. The appliance of WeChat Cost shall be expanded to the remainder of the world following the footprint of Chinese language vacationers. ”
Sa Sa launches its WeChat Cost acceptance by giving clients a WeChat Pink Envelope of RMB10 upon a purchase order of HK$100 settled by WeChat Cost on smartphones throughout a promotion interval.
Stated Dr Man Look, CFO and government director of Sa Sa: “Making good use of know-how is the important thing for native retailers to successfully improve providers and meet the purchasing wants of consumers underneath the ever-changing development of Web and cellular communications know-how. As Tencent’s first companion in introducing cross-border offline WeChat Cost, we consider that extra clients will undertake this progressive cellular cost upon full launch of such service. Clients can take pleasure in a extra handy and nice purchasing expertise with out the necessity to carry money or bank cards.”
Questions & Answers
Q.Which specific payment service is Sa Sa implementing in its Hong Kong stores?
Which specific payment service is Sa Sa implementing in its Hong Kong stores?
Sa Sa is implementing Tencent’s new offline WeChat-based cross-border payment service called TenPay. This allows customers, mainly Chinese mainlanders, to scan a QR code on their phone to make payments in physical stores.
Q.What is the primary objective for Sa Sa in adopting this new payment method?
What is the primary objective for Sa Sa in adopting this new payment method?
Sa Sa aims to explore online to offline (O2O) business opportunities and enhance its services. The company believes this will improve the shopping experience for customers across multiple channels and touchpoints.
Q.What is Tencent's broader strategy for expanding WeChat Pay's reach beyond Sa Sa?
What is Tencent's broader strategy for expanding WeChat Pay's reach beyond Sa Sa?
Tencent plans to use Sa Sa's network to promote WeChat Pay, aiming to extend the mobile payment service to other retailers in Hong Kong. The application will then expand globally, following Chinese tourists.
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