Latipay's Alibaba, WeChat tie-up targets Chinese consumers who don't use credit cards

Latipay's Alibaba, WeChat tie-up targets Chinese consumers who don't use credit cards
Sophie Boot
By Sophie Boot May 16 (BusinessDesk) - Latipay says New Zealand exporters stand to benefit from a trial that integrates its payment platform for Chinese consumers with Chinese e-wallet platforms Alibaba and WeChat. Auckland-based Latipay's agreements with the two Chinese sites will allow Chinese customers to pay for New Zealand products in yuan while New Zealand sellers are paid in kiwi dollars. The company will begin beta-testing a button today which allows customers to click to pay in yuan via their chosen mobile payment platform or Chi...