MARKHAM, ON, JUNE 12, 2019 – Everlink Payment Services Inc. announced today that it has partnered with Motion Pay Technology Inc., the North American leader in Chinese payment services, to add Alipay and WeChat Pay Chinese mobile payments to its Merchant Acquiring Program (“MAP”). Furthermore, we are pleased that Prospera Credit Union, of Abbotsford, BC is the first credit union in Canada to add Alipay and WeChat Pay to its MAP portfolio.

The Everlink MAP Program is a Point-of-Sale (“POS”) referral program designed to assist our credit union and bank customers grow their business with programs that optimize services, strengthen member and customer relationships and capture commercial accounts. Through the program, credit union and bank members and customers can obtain debit and credit card payment processing services using leading technology at very competitive rates.

“Each year, Chinese consumers spend more than $35 billion in Canada and 93% have stated that they would spend more if Chinese mobile payments were available to them. With this tremendous strength in retail purchasing power, we are thrilled to have Alipay and WeChat Pay as part of our MAP Program portfolio” said Mark Ripplinger, President & CEO at Everlink.

Whether at a storefront or through online purchases, Chinese mobile payments are simple and easy to use. Through the use of the Motion Pay “Smart” POS Terminal, Quick Response (“QR”) codes are supported through Wi-Fi or 4G cellular services. More importantly, transactions are processed under the most secure and stringent standards.

“Our customers prefer to visit merchants who support Alipay and WeChat Pay and by including these services in the Everlink MAP Program, credit unions and banks can support their members and customers through enhanced revenues and competitive positioning” said Riven Zhang, founder and CEO of Motion Pay.

Ripplinger added “Prospera Credit Union, being the first credit union in the MAP Program to add Chinese mobile payments, understands the strategic value that these payment platforms will provide for their business members”.

Building on over 75 years as a BC credit union, Prospera is proud to serve communities from Vancouver to Kelowna. “Local businesses are the engine of our economy, when they thrive our communities thrive. Adding Alipay and WeChat Pay to the portfolio of payment solutions Prospera provides to its business members will provide Chinese consumers with a fast, simple, and a cost-effective payment transaction option and Prospera’s business members with access to a growing consumer base.” said Ed Michielsen, Vice President, Business Banking at Prospera.

About Prospera Credit Union
Building on over 75 years as a BC credit union, Prospera is proud to serve communities from Vancouver to Kelowna. As a member-owned financial institution, our number one priority is the financial well-being of families and businesses in our local communities and our dedicated team is here to serve all their banking, lending, investing and insurance needs through sixteen branches; online and mobile banking and a locally-based contact centre. As a member of The Exchange network, our members also enjoy access to more than 4,000 surcharge free ATMs across Canada (that’s right, no ATM fees).

Making life better for everyone is important at Prospera, which has an extensive community investment program devoted to supporting the organizations, events and volunteers that make our BC communities stronger. To learn more about our community investment programs, check us out on YouTube, Facebook, Instagram and Twitter.

Motion Pay Technology Inc. is the first Canadian company to introduce Chinese QR code mobile payment solutions in Canada. As the leading company to introduce one single solution to Canadian businesses with every top ranked mobile way to pay in China, Motion Pay is truly simplifying Chinese customer’s shopping experience in-store and on-line, and producing more sales opportunities for Canadian merchants.

For more information, please visit: www.motionpay.ca.

Everlink Payment Services Inc. is a leading provider of comprehensive, innovative and integrated payments solutions and services for credit unions, banks, and SMEs across Canada. In addition to supplying best-in-breed technology infrastructure and payment network connectivity via our well established Payment Network Gateway, we offer a diversified range of integrated payments Lines of Business including: ATM Managed Services, Card Issuance & Management, Fraud Management Solutions, Mobile Payments, Professional Services and SME Solutions.

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