Hong Kong citizens generally prefer more diversified and flexible consumption payment methods and experiences. As the Double 11, Christmas shopping festivals and other large-scale promotions are approaching, Ant Bank (Hong Kong) (“Ant Bank” ) and AlipayHK jointly announced that Ant Bank PayLater has officially landed on AlipayHK. Ant Bank PayLater is currently in trial operation, and will allow users to enjoy installment services at AlipayHK’s local online cooperative merchants and Taobao shopping through AlipayHK’s strong partner network. Provide one more payment method for public consumption. In this cooperation, AlipayHK and Ant Bank hope that by integrating the advantages of companies under the Ant Group, applying technology and financial products to serve business, activate the retail market, and add vitality to the local economy.
Nearly covering all local online merchants in AlipayHK , free handling fee discount when online spending for 3 months in installments *
From now on, citizens can apply for Ant Bank PayLater through AlipayHK’s “Ant Bank” applet, and the approval can be done in as little as 1 minute; after the approval is completed, when purchasing over HK$100 at AlipayHK online partner merchants, choose Ant Bank PayLater for 3 months Interest-free installment service, enjoy the experience of buying first, pay later, and free handling fees during the promotion period*; you can also use Ant Bank account, AlipayHK balance or linked bank account to repay at any time in AlipayHK’s “Ant Bank” applet , simple, convenient and flexible.
Ant Bank PayLater is still in the trial stage, and it is the first to choose installment service when shopping at nearly all of AlipayHK’s local online partner merchants, including Taobao, HKTVmall, Fortress Online Store, KKday, Mannings Online Store, ParknShop Online Store, Price Online shopping, Hong Kong Sa Sa online shop, UNIQLO online shop, Hong Kong Watsons online shop, Youhe YOHO, ZALORA and ZTORE and other mainstream popular merchants can use the service. Merchants can use the service immediately without registration and development.
AlipayHK ‘s local Double 11 Rewards Shopping Festival with Ant Bank PayLater is even more remarkable
This year is the second consecutive year that AlipayHK has launched the local Double 11 Shopping Festival, aiming to drive the sales growth of local merchants. This year, it will join nearly 30 brands, including popular merchants such as 7-Eleven, ParknShop and Ztore, with a total of discounts. Valued in excess of HK$ million*. At the same time, if you successfully apply for Ant Bank PayLater, you can now receive a deposit treasure interest rate of up to 8.88%* and a welcome bonus of up to HK$150*, and select Ant Bank PayLater for 3 months interest-free through AlipayHK at Taobao and AlipayHK online partner merchants Instalment service can also enjoy a limited-time 0% handling fee discount*, and it is more cost-effective to spend with AlipayHK Double Eleven Rewards!
The first virtual bank in Hong Kong to buy first, pay later and cooperate with e-wallet, you can choose Ant Bank PayLater to pay when you see the AlipayHK logo
Liang Yanxun, Chief Executive Officer of Ant Bank (Hong Kong), said, “In recent years, mobile payment has rapidly developed into one of the daily consumption tools used by citizens. The launch of the buy-now-pay-later installment service and the cooperation with the e-wallet platform is an innovative move. With stable cooperative merchants, you can quickly access most of the online shopping platforms in Hong Kong, and users can install instalments with one click when shopping, so they can easily buy what they like at any time. Users can open a deposit treasure account at the same time, and they can also enjoy a new shopping experience of interest-free instalments , while earning high interest rates and practicing prudent financial management.”
Li Yongshi, General Manager of Ant International Business Greater China, said: “As a one-stop life service platform, AlipayHK has been cooperating with different institutions to provide users with an unimaginable high-quality service experience. Cooperation, by adding the instalment payment method of Ant Bank PayLater on the AlipayHK platform, to provide AlipayHK users with a choice of payment methods, and to better allocate their own liquidity; while AlipayHK serves merchants through Ant Bank’s financial products, increasing for merchants The sales will help Hong Kong’s economic recovery take a step closer. I hope that in the future, users who see the AlipayHK logo will be able to choose the instalment service provided by financial institutions as one of the payment methods.”
