Ant 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 MoreAfter the Covid-19, Chinese consumers began to choose to travel overseas in large numbers. For Chinese clients, familiar and convenient payment methods like Alipay are a major attraction for their consumption. Merchants 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.
Read MoreThis cooperation marks UnionPay International’s efforts in the global payment field, especially in the European market. Cooperation can help improve the payment experience and support the recovery of the global payment market and the construction of a digital acceptance environment.
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 MoreIn 2023, Chinese payment giants such as Alipay, WeChat Pay and Unionpay unveiled interesting data about consumer payment data during these holidays. In this blog, we'll delve into the data released by these payment giants to better understand the trends and changes in consumer behavior in China.
Read MoreOn September 1st, Alipay, one of China's leading fintech giants unveiled a new patent for "Face and Palm Swipe Fusion Payment," a technology that promises to improve the way we make payments. This article will explore the exciting potential of this new payment technology and its implications for the industry’s future.
From 22 September until 8 October, millions of merchants across the country joined forces with Alipay to hold the "Golden Autumn Consumption Festival". In this article, we will introduce the two measures of Alipay that fuel the Asian Games and the strategies for global merchants during this opportunity.
Read MoreOn September 18th, UnionPay International announced that global users can enjoy a seamless payment experience when shopping in mainland China. In this article, we will introduce new offline payment experience for international users and UnionPay prepaid cards for enhancing global online shopping convenience.
Read MoreWeChat is a multifunctional social media platform with more than a billion monthly users. In this article, we'll explore what is WeChat marketing, why it's crucial, and how to harness its potential for your business. Join us to unlock the secrets of WeChat marketing and discover how it can enhance your business strategy.
Read MoreAlipay, the popular Chinese payment platform, has just introduced its new Alipay International Version at the 2023 Partner Conference, held on August 17th. Silkpay is excited to delve into the possibilities of this transformative move to empower European businesses to drive their expansion and prosperity.
According to Statista, the value of the cross-border payments market worldwide reached 190.1 trillion dollars in 2023 and is expected to reach 290.2 trillion dollars in 2030. In this article, we will delve into the strategies that businesses can employ to improve cross-border e-commerce services through digital payment strategies.
Read MoreWhat is live streaming? Why is live streaming popular in China? How can European merchants win the favour of Chinese customers from live streaming? In this article, we'll introduce live streaming in China, explore why it is popular, and the strategies that can help merchants provide the best payment experience for viewers.
Read MoreDo you know what is mPOS? Traditional POS systems have been the backbone of retail operations for years. However, with the increasing demand for customer experiences, businesses are turning to mPOS solutions. In this article, we will introduce what mPOS is. Why do merchants need an mPOS? How should merchants use an mPOS?
Read MoreTencent's move to unlock WeChat Pay for international users marks a big step in global mobile payments. In this article, we will explore how this transformative step can empower businesses worldwide. What is the process for foreign users to bind their cards with WeChat Pay? What does this change mean for overseas merchants?
Read MoreDo you know that the payment process is a critical element that directly impacts customer satisfaction and overall business success? In this article, we will explore how payment plugins work, how to choose the right one for your online store, and how to install the Prestashop and WooCommerce payment plugins.
In the fast-paced world of e-commerce, ensuring a smooth and secure payment process is essential. Modern e-commerce platforms rely on payment plugin. In this article, we will introduce Prestashop and WooCommerce payment plugins, explore their benefits and the types of businesses that need payment plugins.
API integration is the backbone of modern payment processes, enabling seamless communication between platforms and facilitating transactions. In this article, we'll explore the important factors about payment API integrations that businesses need to consider and how to use API integration in payment systems for merchants.
API integration has emerged as a fundamental tool for facilitating payment processing. In this article, we will introduce the concept of API integration in payment systems, exploring its key components, benefits, its significance in digital transactions, and the types of companies that need payment API integrations.
Achieving success in cross-border online sales requires a well-optimized payment strategy. In this article, we will explore top 3 factors that influence cross-border online sales and 6 tips to improve cross-border online sales specifically through optimizing your payment process.
