NPEW 2018

LOC POS now allows retailers to scan a QR code from Alipay’s and WeChat’s mobile apps, instantly settling Chinese Yuan to US Dollars via CITCON’s mobile payment and marketing solutions.

Laval, QC – February 5, 2018

LOC Software, developer of a leading retail management software suite, and CITCON, the leading cross-border mobile payment company, announced the release of their integrated mobile payments options for LOC’s SMS point-of-sale system. The solution offers retailers access to Alipay and WeChat Pay’s digital wallet services and their multi-millions user base already travelling to US destinations.

Alipay and WeChat Pay are the most popular payment options for Chinese consumers to purchase goods and services while travelling overseas. The services supply mobile payment benefits to over 600 million users in all, and allows those users to pay instantly for items at capable point-of-sale systems, seamlessly converting currencies for US based merchants. Chinese consumers simply link their debit card or bank account to the mobile applications, then utilize the apps to display a code on their mobile device to participating merchants to settle transactions. Processing and currency conversion are handled via CITCON merchant services.

This new, fully integrated payment option provides SMS point-of-sale merchants easy and convenient access to capturing spend of Chinese travelers. Over the last four years, Chinese tourists have accounted for more than 13% of global tourism revenues. The US alone saw tourism revenues of more than $30 billion in 2016, and that number is expected to grow by more than 100 percent in the next two years.

ABC Stores, a Hawaii based company with stores in popular tourist destinations, has deployed the LOC/Citcon payment option to 70+ locations. According to David Awaya, CIO of ABC Stores, “the integration of Alipay and WeChat payments into our point-of-sale system helps us to provide diverse payment options to meet the needs of the Chinese traveler.”

Additional installations are underway on both US coasts, and inquiries are also funneling in from several Midwestern based retailers as well.

For additional information, contact LOC Software at sales@locsoftware.com or visit www.locsoftware.com.

About LOC Software
LOC Software delivers solutions designed to make transactions more manageable, more profitable and
more frequent by fully integrating retail operations for multi-store environments. Our Store
Management Suite (SMS) is a complete set of applications tailored into one seamless interface,
satisfying all a retailer’s needs, from powerful merchandising and inventory control, fully integrated
loyalty, multi-store management and more.

About CITCON
Silicon Valley-based CITCON is the mobile payment solution leader for merchants to accept the fast
growing mobile wallets at the global scale. In North America, CITCON is the first and largest authorized
merchant acquirer for WeChat Pay and Alipay, two of the most popular mobile wallet providers in the
world with over 1 billion active users and over $800 billion mobile payment volume. CITCON provides
both in-store, and mobile / web / E-commerce payment solutions for thousands of merchants including
renowned brands such as DFS, Pacific Gateway, China Unicom, YamiBuy among others, covering a wide
variety of business sectors such as Retail, Hotel, Food & Beverage, Transportation, Entertainment
Education and E-commerce.

Media Contacts
LOC Software
Jamie Gray
jamie.gray@locsoftware.com