Asianwallets entering into the Japanese market

Stocks and Financial Services Press Releases Monday December 30, 2019 09:00
HONG KONG--30 Dec--PRNewswire/InfoQuest

Recently, Asianwallets has signed cooperation agreements with Japanese mobile payment providers Globepay and Trysee. The three parties will provide "local payment services" and "exclusive benefits for members" targeting Southeast Asian tourists traveling Japan.

Reaching out to tourists from Thailand and Singapore, to build a closed loop for payments, membership, booking and marketing

According to statistics released by the Tourism Bureau of the Japanese Government, tourists from Thailand to Japan reached 1,132,100 in 2018, a year-on-year increase of 14.7%. The number of tourists from Singapore to Japan was up to 468,300, a year-on-year increase of 8.2%. Connecting with Asianwallets means that Japanese partner merchants can support more than 1.6 million tourists to use their local mobile payment apps to pay for purchases.

Asianwallets has targeted integration of "members' rights" of partner merchants, and reached out to tourists from Thailand and Singapore through upstream financial institutions, to realize the closed loop marketing of "tourists are the customers, and payment endows them with membership benefits".

Globepay, Japan's mobile payment promoter

Globepay was established in 2017 and has set up branches in China, Japan, the United Kingdom, and the United States. Its main business is to provide mobile payments and marketing services for partner merchants. Pitt Li, its founder and CEO, has previouslyworked for Baidu, Gaopeng and many other companies. In 2017, he led the team to explore the mobile payment market in Japan, the United Kingdom, and the United States, making the company a major overseas partner of WeBank and reaching the average transaction of over 1.5 billion.

Trysee, the Japanese aggregate payment and SaaS service platform

Trysee was founded in 2008. Thanks to its years of market operation in Japanese tourism, catering, and e-commerce industries, it can rapidly promote mobile payments. It cooperates with WeChat Pay, Alipay and local payment companies to provide aggregate payment services for Japanese partner merchants. Based on its own advantages of system development and operation, it provides services including system development and operational maintenance for Japanese restaurant chains and cross-border e-commerce platforms.


Latest Press Release

KTC invites cardmembers nationwide to support the fight against the spread of the “COVID-19” virus through three foundations.

“KTC” or Krungthai Card Public Company Limited, jointly with three foundations, including Ramathibodi Foundation, Thai Red Cross Society, and Songklanagarind Hospital Foundation, invite KTC credit cardmembers to redeem KTC FOREVER points in...

Fitch Downgrades Bank of Ayudhya to 'BBB+'; Outlook Stable

Fitch Ratings has downgraded Thailand-based Bank of Ayudhya Public Company Limited's (BAY) Long-Term Issuer Default Rating (IDR) to 'BBB+' from 'A-' with a Stable Outlook, following similar rating action for its parent, MUFG Bank, Ltd. (A-/Stable/a-),...

SET market report for March 2020

The Stock Exchange of Thailand (SET) Index ended March at 1,125.86 points, down 16 percent from the previous month, while the average daily trading value of SET and Market for Alternative Investment (mai) in the month surged 34.8 percent from the 2019...

In Time of Need, IMA to Provide Free Access to Many Resources to Nonmembers for 90 Days

IMA(R) (Institute of Management Accountants), the association of accountants and financial professionals in business, wants to help those in the accounting and finance profession cope with the disruption caused by the COVID-19 pandemic. Therefore, IMA is...

JWD confident of good Q1/2020 performance despite COVID-19 impact New solutions introduced for customers along with BCP for continuity

JWD InfoLogistics Public Company Limited (JWD) is confident of maintaining satisfactory overall first quarter performance following the continuous good achievements in general warehousing, domestic and cross-border transport businesses, although the...

Related Topics