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Juno Markets further embraces Chinese business with deposit facilities via WeChat and Alipay

Andrew Saks-McLeod, Head of Research and Analysis, ETX Capital

“Today, more people in China connect to the internet via their mobile phones than desktops or laptops. Therefore, it only makes sense for us to provide our clients with a mobile payment solution that they are accustomed to for all other payments in their daily lives” – Arthur Le, CEO, Juno Markets

china

Today, Juno Markets announces the acceptance of funds through WeChat Pay and AliPay, China’s two most popular digital wallets.

Clients in China are now able to deposit funds instantaneously to their account via the respective mobile apps with the quick scan of a QR code. With over 500 million, Wechat Pay and Alipay have become a household payment method and have replaced cash transactions in a country that was nearly all cash based just a few years ago.

In addition to the two popular e-wallets, Juno Markets is also announcing the acceptance of mobile China Unionpay. This comes in addition to the traditional offering of the desktop version of China Unionpay which was already in place.

“In just over the past three years, China experienced a massive shift towards mobile payments through WeChat and Alipay” said Arthur Le, CEO of Juno Markets.

“Today, more people in China connect to the internet via their mobile phones than desktops or laptops. Therefore, it only makes sense for us to provide our clients with a mobile payment solution that they are accustomed to for all other payments in their daily lives. This is one more step towards providing a completely localized solution for traders” continued Mr Le

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