Rahaxi Inc. has announced its partnership with ChinaPay which will allow Rahaxi to accept all Chinese-issued payment cards and thus to allow all the Chinese internet consumers to purchase European goods from European retailers. 

This is the latest in a series of agreements designed to extend Rahaxi's strategic advantages in the Chinese payments business. "This global agreement is the natural extension of our strategy to facilitate effective and efficient payment services between Chinese consumers and Western retailers," commented Paul Egan, CEO of Rahaxi Inc.

"We are very excited to add ChinaPay to our products portfolio. At present, Rahaxi is taking the lead as the only service provider with this offering. We anticipate Rahaxi will experience substantial growth through this strategic agreement," continued Paul Warren, Global Sales Director for Rahaxi Inc.

"We are pleased to partner with Rahaxi. Their commitment to expanding card acceptance to Chinese visitors in Europe made Rahaxi an excellent partner to introduce the world's top online retailers to the Chinese internet marketplace," said XiaoFeng Li, General Manager of ChinaPay.