In-store and Online Payment Solutions
Empowering Angel Cosmetics to Serve Local Consumers and Travelers
Company
Angel Cosmetics
Industry
Retail
Challenge
In the process of promoting electronic payments, Angel Cosmetics aims to incorporate more payment tools to cater to different consumers.
Solution
Payment APIs, Mobile Payment Terminals
Benefits
All-in-one acceptance of various electronic payment tools, including Alipay and WeChat Pay, which are commonly used by mainland Chinese travellers.
About the company
Angel Cosmetics operates diverse business segments, including retail and wholesale of branded cosmetics, cosmetics OEM, and beauty and wellness center services. In addition to physical stores, they also have an online platform for customers to purchase products.
With years of experience, Angel Cosmetics has transitioned from cash transactions to electronic payments. As Alipay and WeChat Pay have matured in Mainland China, QFPay, with expertise in the mainland market, became one of the first payment service providers to introduce QR code payment services in Hong Kong. With their relevant experience, QFPay has gained the trust of many local businesses.
– Louis Lau, Sales Executive at Angel Cosmetics
A comprehensive merchant management portal allows merchants to view real-time transaction data and filter by the following criteria:
- Branch or payment terminal
- Payment tool
- Settlement status
All-in-One Payment Terminal for Accepting Various Payment Tools
Upon knowing QFPay, Louis, the Sales Executive at Angel Cosmetics, recommended their payment system to their management. He believed that QFPay’s experience in Mainland China would contribute to the development of local electronic payments. Moreover, QFPay’s all-in-one mobile terminal provides great convenience for merchants. Previously, with traditional service providers, separate terminals were required for different payment tools. This occupied valuable space at the cashier counter. QFPay’s mobile terminal supports multiple payment tools, including QR codes and credit cards, making it space-efficient and user-friendly for merchants.
During the initial launch of QR code payments in Hong Kong, coupon promotions were frequently offered to incentivise local consumers. This stimulated spending in the retail industry. Furthermore, QFPay’s service also covers payments from Mainland Chinese e-wallets, facilitating transactions for travellers in Hong Kong. Louis revealed that after adopting QFPay’s service, their transaction volume significantly increased, leading to improved inventory turnover.
Comprehensive Backend and Customer Support
Meanwhile, ample support for merchants is one of the reasons why Angel Cosmetics relies on QFPay. The all-in-one merchant portal allows merchants to view real-time transaction data, facilitating account reconciliation for the accounting team. The portal also provides filtering options based on branches, payment terminals, and payment channels, enabling management to easily analyse data. Moreover, this merchant portal is provided free of charge to all QFPay merchants, without any additional fees.
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