“More and more companies overseas and from Hong Kong are actively expanding to China. However, many overseas payment service providers do not have an in-depth understanding of China’s local payment landscape. Being an organization comprising talent from Hong Kong and China, we have extensive understanding of the Chinese culture, trade structure, and consumption habits,” said Yang.
Oceanpayment’s O2O solution is combined with global payment products, giving full play to its omni-channel payment, solution customization, and localized operation capabilities. Nowadays, consumers prefer the flexibility of shopping anytime, anywhere. Oceanpayment’s solution makes it possible for companies to go beyond physical space. “We help companies to reach and serve their clients in an online platform/omnichannel while enabling a seamless connection between platforms with a consistent payment experience,” said Yang. This solution allows customers to enjoy a worry-free shopping experience and shorter queue time at the same time, so it has become the preferred payment method for traditional offline business. It provides contactless payment, application payment and point-of-sale payment solutions, supporting all major credit cards and e-wallets. By providing customers with an excellent buying experience and seamless integration of merchant’s membership base and related social media channels, Oceanpayment can help merchants increase sales and customer loyalty. Even if customers have left the store, merchants can still push advertisements through APP and social media to notify them of the latest promotions and product releases, thereby driving an increase in purchases. For merchants who want to expand their online business, Oceanpayment’s integrated gateway offers a large variety of payment methods to meet consumers’ personal preferences. Also, its payment integration solutions— compatible with a wide range of key ecommerce platforms, will enable merchants to setup their online stores with payment processing capability quickly. In online stores, merchants can guide digital shoppers from online stores to offline physical stores by clicking and collecting these two options. In addition, Oceanpayment’s efficient inbuilt payment capability makes repurchase fast and simple. In addition, its risk management model targets a wide variety of transactions in different industries, and uses an operating framework to comprehensively monitor transactions through the system. Closed-loop risk prevention methods can save 99% of transactions.

Since its establishment, Oceanpayment has maintained business collaboration and/or strategic relationships with nearly hundreds of financial institutions worldwide and has established a massive cross-border industry database that can systematically analyze merchant data in multiple dimensions, to help merchants optimize transaction data. Especially during the pandemic, Oceanpayment has partnered with many mainstream e-commerce platforms and open source shopping carts, such as Shopify, Shopline, and WIX, can provide a direct payment plug-in. Merchants can quickly launch online platforms and start accepting all major accepted cards and alternative payment options. They can also use Oceanpayment’s O2O solution to promote online and offline channels integration. Furthermore, since the majority of customers for the Hong Kong and China-based merchants are in mainland China, Oceanpayment can also help to develop the WeChat Mini-Program malls and the Official Accounts for the customers to not only buy Hong Kong or overseas products while relaxing at home, but also receive the latest promotional information.