Screen Shot 2013 11 05 at 11.05.44 AM

Checkout.com, Xiaomi to enhance the payment experience in Hong Kong, Macao

checkout.coma cloud-based payments service provider, has announced a partnership with Xiaomi In order to “provide a one-stop payment solution for Hong Kong and Macao payments.”

The partnership will “enable Xiaomi to significantly streamline the payment process in support of its global payment strategy and development goals.”

The two companies will work together in Hong Kong and Macau, which are important markets for Xiaomi’s development globally. As the first batch of mobile phone manufacturers to launch payment functions, Xiaomi “started to popularize the mobile payment market in 2016”. After many business integrations, Xiaomi has synthesized “a variety of payment scenarios for customers and optimization of the NFC payment environment.”

Xiaomi has selected Checkout.com as its “payment solution partner to further enhance online payment processing capabilities and improve the payment experience for users in Hong Kong and Macao.”

Checkout.com’s business covers “the world’s major payment markets, including Europe, the Middle East, Africa, the United States, Australia, New Zealand, and Hong Kong.”

The company has “7 global acquiring licenses and can accept all major international credit and debit cards, as well as popular alternative and domestic payment methods.” With global acquisition capabilities and a professional payment platform, Xiaomi users in Hong Kong and Macao can “easily enjoy more diverse payment methods.”

Today, Checkout.com has “19 offices around the world, offering local expertise when needed.” It therefore “provides the increased payment performance and cost-effectiveness associated with Xiaomi.” Moreover, Checkout.com’s developed API can “help Xiaomi expand its global payment business in the future.”

Recently, the Hong Kong government launched “consumption vouchers, with the aim of promoting the retail industry.”

The project also worked at the same time to “accelerate the application and popularization of electronic payment services in Hong Kong.” The second stage of consumption vouchers “is available on 6 different electronic payment tools, and Checkout.com can support a variety of them, including WeChat Pay HK and Alipay HK.” Therefore, Xiaomi users in Hong Kong “can receive and use coupons through this partnership.”

Ms. Janine LowXiaomi General Manager Hong Kong, Macao, Taiwan said:

“The partnership is aligned with our global development goals — namely, providing global users with more payment options. With Checkout.com’s global acquisition capabilities and excellent platform stability, we can efficiently streamline the checkout process and deliver a seamless checkout experience for our customers. Also, we admire the Checkout.com team Local payment experts, who can quickly integrate the strengths of its platform and leverage our global payment strategy.”

Brian SzeAPAC Area President at Checkout.com, said:

“When one of the world-renowned smartphone manufacturers, Xiaomi, chose us as their payment partner in Hong Kong and Macau, they validate everything that Checkout.com stands for. We look forward to the next chapter of our partnership as we grow together.”

As mentioned in the update, Xiaomi was “incorporated in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK).” Xiaomi is “a consumer electronics and intelligent manufacturing company with smartphones and smart devices connected by an IoT platform at its core.”

As noted, Checkout.com says it “offers the fastest, most reliable payments in over 150 currencies, with in-country acquiring, world-class fraud filters and reporting through a single API.”

Checkout.com “can accept all major international credit and debit cards, as well as popular alternative and domestic payment methods.” The company was launched in 2012 and now has a team of over 1,900 people across 19 offices around the world, providing local expertise when needed.