Novatti Group Limited announced that it has established a new business unit to focus on the rapidly growing demand for faster and more cost-effective payment systems to settle cross-border payments from China to Australia. The new business unit, called China Payments, will focus on sales and marketing efforts to expand its payments service to cover e-commerce purchases and export trade payments using WeChat Wallet (WeChat), AliPay (Alibaba), JD Pay, Baidu and 19 banks in China. These payment methods substantially cover the Chinese online payments market.

The company also announced that the experienced e-commerce executive Peter Christo, who held a key role in Novatti's technology solutions team, will head the China Payments division. The sales and marketing strategy will include both direct and indirect sales channels within Australia, along with a growing digital presence.