PayPro Global Partners With AliPay to Support Strategic Expansion Into BRIC Countries

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PayPro Global extends its payment portfolio with recent implementation of AliPay

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China’s software market has witnessed a breath-taking double digit growth over the recent years and it is expected to continue this trend.

PayPro Global, the global provider of innovative tools to successfully sell software online announced today the implementation of Alipay to its payment portfolio. The recent addition allows software vendors to increase sales in the Chinese market by offering the most popular payment method in China to their customers.

The recent introduction of Alipay to PayPro Global’s payment portfolio is a continuation of its strategic plan to consolidate its position in the emerging Chinese software market. PayPro Global already offers order pages and EasyCommerce Control Panel interface in Chinese.

According to the latest data, Alipay is world’s largest online payment platform both in terms of the transaction volume and number of users. Alipay currently has 500 million registered users; it processes seven million transactions every day and has a daily transaction volume of 2 billion Yuan ($302 million).

“China’s software market has witnessed a breath-taking double digit growth over the recent years and it is expected to continue this trend. We are committed to provide all the necessary tools and infrastructure to our partners for them to successfully sell software online in the Chinese market” said Matthew Silverman, CEO of PayPro Global.

About Alipay    

Alipay is China's largest online payment service in terms of both the number of users and transaction volume. As a member of the Alibaba Group, it enables individuals and businesses to securely, easily and quickly send and receive payments online. Alipay works like an escrow service, solving the issue of settlement risk in Mainland China. As of July 2011, Alipay had more than 500 million users and a daily transaction volume exceeding RMB2 billion in 7 million transactions.

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About PayPro Global

Founded in 2006, PayPro Global, Inc. develops and hosts an eCommerce solution that allows anyone to easily sell software online. PayPro Global supports more than one hundred currencies, all major credit and debit cards, and a wide variety of payment options. The company also offers software developers state-of-the-art licensing, activation, and anti-piracy protection for their applications.

PayPro Global is headquartered in Toronto, Canada, with development centers in Ramat Gan, Israel and Lugansk, Ukraine, and regional offices in Milwaukee, USA, and London, UK.

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Matthew Silverman
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