Vendo with
Let your customers pay with Alipay
Vendo is an all-in-one eCommerce solution that lets you launch an eCommerce business with no coding and no inventory of your own in 14 days or less. It comes with many useful integrations already pre-built. All that available to you at a fraction of a cost and time needed for building such a solution in-house. It works well in a D2C or a B2B model. Or a combination of both. One platform to manage your entire eCommerce business.
Alipay is China’s leading online payment service by both the number of users and total transaction volume. It has more than 1.3 billion annual active users and processes $17 trillion worth of transactions in mainland China over the course of a year.
More than 80 million merchants use Alipay for business over the course of a month, and the app has more than 2,000 partner financial institutions.
Alipay works with over 250 overseas financial institutions and payment solution providers to enable cross-border payments for Chinese travelling overseas and overseas customers who purchase products from Chinese e-commerce sites. It currently supports 27 currencies.
Payment methods is one of the key factors that affect conversion on an eCommerce website. Customers who do not find their preferred payment method at checkout are likely to abandon their carts. Therefore, offering a variety of payment methods can help to increase conversion and reduce cart abandonment rate.