Annie 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 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 More
