China’s Lakala and UK’s Allpay to build joint ecommerce platform

China’s largest community financial self-service terminal operator Lakala has signed an agreement with Britain’s Allpay bill payment service company that will see the two organisations establish a cross-border financial service platform and top work together to build community convenience services, smart wearable devices and cross-border e-commerce. 
Lakala’s cross-border payment service covers over 20 mostly Asian currencies and the move is part of its strategy to expand into the European and North American market. “We are delighted to be working with Lakala Payment to advance the huge commercial opportunities that exist between China and the UK in the payments field,” said Allpay CEO Tony Killeen.