Posts tagged Digital payments
Alipay drives a significant increase in overseas consumption during the Spring Festival

Alipay sees a remarkable surge in overseas consumption during the 2024 Spring Festival, with transactions abroad surpassing pre-pandemic levels by 107%. Explore how Silkpay enables merchants to leverage this trend, offering seamless Alipay integration for enhanced revenue and customer engagement in the global market.

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Alipay and Wechat Pay embrace Visa and Mastercard integration

The integration of Visa and Mastercard with Alipay and WeChat Pay marks a transformative leap for the global digital payments landscape. For tourists exploring China or engaging in international transactions, this integration provides a seamless and secure cashless experience. In addition, for European and American merchants, adopting these payment methods opens the door to the vast Chinese market and a wider international customer base.

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UnionPay is rapidly increasing its payment acceptance network in Europe

UnionPay International recently announced a strategic cooperation agreement with K&H Payment Services (hereinafter referred to as "K&H Group"), Hungary's leading acquirer. This collaboration has increased UnionPay card acceptance coverage in this country.

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Embracing digital payments: A vital step for US businesses

The digital shift for businesses is crucial, offering efficiency, loyalty, and security despite challenges. It's a strategic necessity in the evolving US business landscape. Silkpay facilitates this with diverse payment solutions, helping businesses access global markets. Their flexibility suits businesses of all sizes in the changing commerce landscape.

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