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YabandPay at ITB: The Resurgence of Chinese Tourists in the Global Market and Emerging Payment Trends

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

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YabandPay News | The new EU regulations are now officially implemented, cracking down on tax fraud in e-commerce.

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

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In the Era of Buyer Agents, Pay by Link Seamlessly Connects Merchants and Consumers

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

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Bridging the Gap Between Chinese Consumers and European Merchants:YabandPay Announces Collaboration with UnionPay

“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

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Assisting Merchants, Streamlining Payments: YabandPay Becomes the Official Acquiring Institution for Dutch iDEAL

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

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YabandPay Facilitates Effortless Creation of Global WeChat Mini Stores

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

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YabandPay ‘s Strategic Partnership Unfolds in Iceland

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

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YabandPay secured a Payment License from De Nederlandsche Bank

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

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Massive Return of Chinese Tourists to the European Market

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

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