LatiPay has announced the addition of the Chinese e-wallet Baidu to its cross border payment platform.
Baidu is often compared as China’s Google and is the leading search engine in China, as well as the fourth most visited site globally.
China’s consumers will now be able to pay New Zealand businesses in real time through Baidu’s e-wallet.
LatiPay CEO Leigh Flounders says New Zealand e-commerce merchants will find Baidu’s e-wallet a welcome addition to their current integrated payment methods of WeChat, JDPay, Alipay and 19 main Chinese banks.
LatiPay was created as a first-to-market fully compliant API platform designed specifically for global businesses that interact with China-based consumers and small business.
It enables export businesses to be paid in their home currency in real time with Chinese shoppers making payment in their home currency and preferred method of payment.