SnapPay Teams With Alipay At FoodyMart; Soldo Awarded Irish eMoney License

SnapPay teamed up with Alipay to bring the digital payment method to locations of Canadian Chinese grocery store chain FoodyMart, according to an announcement from the companies. To use the digital payment method, consumers can use a mobile app for a quick-response (QR) code scan and merchants receive payments in U.S. or Canadian dollars. SnapPay Chief Growth Officer Chris Renton said in the announcement, “North American retailers gain access to billions of untapped potential revenue by simply offering their customers the option to pay with the mobile apps and currency that they’re familiar with.”

And the U.K.’s Soldo FinTech firm said it earned an eMoney license from the central bank of Ireland, according to reports. The license will enable the firm to issue payments throughout the EU bloc. As it stands, the company is said to be the third company to be issued a license for eMoney from the central bank. Soldo Co-Founder and CEO Carlo Gualandri said, according to reports, “Soldo has achieved an incredible feat in being awarded an [eMoney license] in Ireland. It is [a] testament to the core strength of our company, that offers enterprise grade services built on solid foundations.”