With the acceleration of globalisation, cross-border e-commerce has seen explosive growth, and an increasing number of Chinese merchants are targeting international markets. However, cross-border payment issues have become a significant challenge for merchants. Particularly for small and medium-sized enterprises (SMEs) aiming to expand their overseas business, the complexity and risks associated with cross-border payments can

Alipay.com Co., Ltd. has significantly upgraded its existing services to offer a more diversified and streamlined experience for its acquiring partners and merchants. This enhancement will integrate Alipay into the Alipay+ Solution, a comprehensive platform for all digital wallets. Effective September 30, 2024, Alipay Services will be phased out as Alipay transitions into one of

Capital serves as the lifeblood of any business. Growing enterprises require sustained financial backing to establish, expand, and thrive in a flourishing commercial environment. As a European fintech payment institution, YabandPay provides unsecured short-term loan services to businesses, facilitating breakthroughs in their business goals and seamlessly embarking on new chapters.   Business Loans Unsecured loans,

The latest update from the Netherlands’ leading payment method, iDEAL, reveals that starting mid-April, consumers can now create accounts, enabling faster and safer online shopping experiences. This enhancement boosts conversion rates and customer satisfaction for online retailers and provides added convenience for consumers. Currently, iDEAL processes approximately 1.3 billion transactions annually, representing 73% of the

Introduction YabandPay and Macrostep have joined forces to bring a unique experience to Attractiepark DippieDoe, a theme park in the Netherlands. For the first time in Europe, a park has integrated payment, retail, and fully automated unmanned machines. This innovative partnership offers local consumers and markets a more convenient, intelligent way to shop and a

Introduction: In recent years, the global tourism and hotel industry experienced a downturn due to the impact of the pandemic. As the situation gradually comes under control, the industry is now witnessing the dawn of recovery. 1. Resurgence Trends in the Global Tourism and Hotel Industry: Tourism and the hotel business are slowly recovering, according

On February 18, 2020, the European Council passed a directive (Directive EU 2020/284; also known as PSP-CESOP, Payment Service Providers—Central Electronic System of Payment Information), mandating that payment service providers (including banks, electronic money institutions, payment institutions, etc.) must report all payment records of member states and transaction information of beneficiaries (“payment receivers/merchants”).   PSP-CESOP

As e-commerce continues to flourish, models unable to keep up with conversion rates or swift checkout processes will quickly fall behind. Speed is paramount, and “contextual commerce,” also known as “light commerce,” is changing the game. YabandPay has developed a “Pay by Link” product, which enables consumers to purchase products or services directly without leaving

“YabandPay officially joins UnionPay as an acquirer, enabling European merchants to access comprehensive UnionPay payment products, including QR code payments and UnionPay QuickPass.”   As a licensed payment institution based in the Netherlands, YabandPay is committed to providing convenient one-stop payment solutions for European merchants. This ensures that consumers can always choose trusted and familiar

YabandPay’s collaboration with iDEAL’s CPSP has significantly increased its capacity to process payments.   Dutch customers utilize iDEAL to pay online at practically all commercial banks, including ABN Amro, Rabobank, and ING. With market penetration of over 70% by 2024, iDEAL dominates the Dutch payment scene, showing customer approval. The European Payments Initiative and Payconiq

With the popularity of mobile payments and WeChat mini programs, YabandPay has strategically partnered with prominent mini-program SAAS providers such as Youzan(AllValue), Cakra, and iMenu. This collaborative effort aims to deliver convenient and efficient solutions for establishing WeChat Mini Stores and streamlined payment processes for many European merchants.   Comprehensive WeChat Mini-Program Store Setup As

YabandPay is thrilled to announce a strategic deployment to provide comprehensive payment solutions within the Nordic market. YabandPay is a Dutch-based fintech company with the payment license issued by the Dutch Central Bank (De Nederlandsche Bank, DNB). Meanwhile, YabandPay’s partner, operating on behalf of YabandPay Nordic and led by Sturla Thorhallsson brings extensive experience and

In July 2023, YabandPay, a Dutch-based fintech company, took a milestone step towards becoming a licensed financial institution in Europe. It secured a Payment License from De Nederlandsche Bank (DNB) and completed the sound and solid application process. The license empowers YabandPay to offer a comprehensive range of online and offline payment solutions, including WeChat

With the end of the COVID-19 pandemic, a rejuvenated influx of Chinese tourists is revitalizing the European tourism landscape. The global pandemic cast a profound shadow over the tourism sector in recent years, leading to a period of dormancy for European tourist destinations, hotels, and catering. However, as the pandemic comes to an end, a

On June 16, 2023, Ms.Min Xian, Deputy District Mayor of Qinhuai District, Nanjing, and Mr.Yang Xiang, Director of Nanjing Investment Promotion Bureau visited YabandPay. We exchanged information and discussed the business environment in the Netherlands and Nanjing. At the meeting, YabandPay introduced its current main business in the field of Fintech, expecting to provide more

Dear Partners & Merchants, Due to the upcoming Spring Festival in China, Alipay, WeChat Pay and UnionPay payment settlement date will be adjusted as follows: Transactions made during January 20 – January 29, 2023 will be settled on January 31, 2023. Please make any necessary arrangements for your funds and business ahead of time. Thank

What is a WeChat mini program? WeChat mini programs are small, lightweight mobile apps which users can use to, for example, order food, book a taxi, or pay bills. The WeChat mini programs are built on the WeChat App and can be accessed through WeChat’s “Mini Programs” directory. Unlike regular apps, mini programs do not

Dear Partners & Merchants, Due to the upcoming Christmas and New year, Alipay, WeChat Pay and UnionPay payment settlement date will be adjusted as follows: Transactions made during December 24 – December 26, 2022 will be settled on December 27, 2022; transactions made during December 30, 2022 – January 2, 2023 will be settled on

Contextual commerce is not a new business scenario, but it is becoming increasingly important as technology changes people’s habits. Customers can buy products at any time, any place when they are engaged in daily activities like hangout on social media such as WeChat, or Facebook. It simplifies the shopping experience and removes friction by cutting

YabandPay was delighted to participate in HUAWEI CONNECT 2022, themed Unleash Digital, an amazing event organized by Huawei in Paris, France, on October 17 and 18, 2022. During the event, Huawei and its partners including YabandPay share the latest products, solutions as well as the experience and philosophy. There are some concepts we coincide with.