A Single Ecommerce Payment Service For Korea, China, Japan
INICIS Co. Ltd. of Korea has announced that it has entered into an alliance with ChinaPay of China and eContext of Japan to provide online global payment processing services to merchants from around the world. This strategic alliance will provide online payment processing services to many global merchants conducting or wishing to conduct online business in China, Japan and Korea.
Under the collaborated operation, ChinaPay, eContext and INICIS will work together to develop, market and deliver world class online payment service as a unified gateway, consolidated real-time payment data, a single point of contact for 24X7 customer support, end to end local payment technology implementation, one for all payment type supports, receive multiple local payment consulting services from a single professional service team and many more consolidated services.“We are excited to have this alliance formed to serve many global merchants. We believe many global merchants were having nightmares dealing each local payment infrastructures especially with China, Japan and Korea. Now, they can enjoy a single point of service and become a solid partner for online payment processing for success in this dynamic and growing region,” said senior executive vice president of INICIS, Mr. JT Kim.
“Our alliance will reduce global merchant’s tedious administrative involvement regarding each local payment, increase the capabilities in the online global business as a primary focus and enjoy leading payment technologies from each region by a single point of service. I am personally pleased to lead this exciting and powerful alliance in the constantly demanding international payment market,” added Eugene Lee, Executive Director of INICIS Co. Ltd.
The powerful alliance of ChinaPay, eContext and INICIS will enable the global merchant community and online service providers to rapidly migrate or roll out the online services from the traditional sales channel, utilizing the technology and local payments of choice for millions of online consumers around the Asia.
Under the terms of alliance partnership announced in October 2006, ONE Payment Alliance formation will be an exclusive three way partnership to develop, co-market, and service to global merchant payment processing. ONE Payment Alliance is a pending trademark under the co-ownership among ChinaPay, eContext and INICIS.
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