Explore the dynamic landscape of Chinese social media in 2024, where platforms like WeChat, Little Red Book, and Alipay redefine digital commerce and engagement. With Silkpay's expertise, businesses can leverage these platforms to enhance brand visibility and connect with millions of active users
Read MoreSilkpay and VIP Paris Yacht Hotel & Spa announce a collaboration aimed at significantly enhancing the reception of Chinese visitors by integrating payment methods commonly used by them, such as Alipay, WeChat Pay, and UnionPay.
Read MoreExplore the dynamic payment landscape of the Asia-Pacific region, from the surge in mobile payment adoption to the strategic use of payment data, and discover how Silkpay is helping merchants and consumers through seamless integration and personalized solutions.
Read MoreAnnie GUO, CEO of Silkpay, is set to speak at Money20/20 Asia, showcasing payment solutions and sharing her entrepreneurial journey in Fintech. As a renowned event in the financial technology industry, Money20/20 provides a platform for innovation and collaboration.
Read MoreKakaoPay's soaring popularity, particularly among South Korean users, will impact the way South Korean tourists pay abroad, offering a convenient and widely accepted payment solution. For international merchants, embracing KakaoPay by accepting Alipay not only satisfies the growing demand from Korean tourists but also enhances customer experience by providing diverse payment options.
Read MoreThe integration of Alipay+ and similar digital payment platforms offers a significant opportunity for European and American merchants to expand their global reach and adapt to evolving consumer preferences. By embracing diverse payment methods, focusing on cross-border payment efficiency, and enhancing the overall customer experience with convenient and attractive options.
Read MoreSilkpay’s recently launched service that helps European and American merchants to accept Amex and Discover into their payment solutions. Accepting these payment methods is crucial for European and American merchants because they can attract more consumers, especially high-income user groups, thereby increasing average transaction values and profits.
Read MoreIn order to attract more international tourists and enhance their consumption experience in China, China is actively promoting Alipay and WeChat Pay to link overseas cards. This will not only help promote the development of tourism, but also enhance the convenience of cross-border transactions. At the same time, Silkpay can help European and American merchants accept these Chinese e-wallets as payment methods.
Read MoreWith the development of technology and changes in people's consumption habits, the popularity of digital wallets and digital cards is changing the way we pay. While it's too early to say that plastic cards will completely disappear, the trend is clear: digital payment methods are becoming increasingly popular because they are convenient, secure, and more environmentally friendly.
Read MoreIntegrating Visa and Mastercard top-ups into China’s digital yuan app enhances convenience for global tourists. This move not only simplifies transactions but also expands the digital payment’s influence. At the same time, Silkpay's virtual Visa, Mastercard, and UnionPay prepaid cards offer secure transactions, shielding personal financial data from cyber risks.
Read MoreThe 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.
Read MoreAnt Group’s partnership with Toss Payments marks a critical moment for South Korea’s payments industry, providing valuable opportunities for European and American merchants. The partnership provides these businesses with a portal to cater to Chinese and Korean tourists, simplify cross-border payments and tap into South Korea’s tech-savvy consumer base.
Read MoreIn embracing the collaboration between Alipay and Naver Pay, merchants worldwide stand poised at the threshold of an expansive and interconnected market. This partnership, coupled with Silkpay's support, not only streamlines transactions and fosters customer trust but also opens doors to an extensive consumer base.
Read MoreMerchants in Europe and the USA need to seize the opportunity of the dramatic increase in Chinese tourists by integrating Alipay and WeChat Pay into their payment options. Through payment method personalization, merchants can reach more Chinese tourists and consumers. Thus, get more revenues from cross-border business.
Read MoreUnionPay 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.
Read MoreThe 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.
Read MoreChina's video game industry recorded its best quarter in full lockdown during the Covid-19. 10 billion euros were spent in this sector by Chinese players during Q1 2020, representing a 30% increase over same period last year. Today, China is the world's largest video game market with 41% of global market’s revenues.
Read MoreIn order to maintain the leader position in the tech competitions, China has launched its own digital currency, designated by DCEP (Digital Currency Electronic Payment). The Chinese government started its pilot projects such as paying certain state allowances in digital currency (DCEP) since April 2020.
Read MoreHome to high-tech giants, BATX (Baidu, Alibaba, Tencent, Xiaomi), China is now a global leader in sectors such as AI, robotics, big data or even facial recognition. Amid the battle against Coronavirus, China can count on the latest technological innovations of Alibaba, Tencent or tech startups.
Read MoreAccording to the World Health Organisation(1), Covid-19 can be transmitted through infected objects. The virus survives from few hours up to several days on surfaces and objects. This leads us to ask: Can we get infected by touching coins, banknotes, bank cards or even ATMs?
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