Cross-Border PAyment Solution
We enable WeChat & Alipay payment solutions in Europe. We tailor our services for customers on different scale, such as POS machine, QR code, open APIs and mini-app.
Cross-border payments volume is poised for strong growth
includeees payments initiated by treasury for intercorporate and intracorporate lending, investment, liquidity flows, etc.; excluding FI-to-FI flows. Data for 45 countries accouting for ~90% of global GDP.
Source: McKinsey Global Payment Map
Frequency of using mobile payments in China in 2020
According to a mobile payment survey conducted in 2020, about 74 percent of mobile payment users in China paid with their smartphones at least once per day. The largest share of transaction value was below 100 yuan. It shows how prevalent mobile payments are for small, everyday transactions in China.
Market share of leading third-party online payment providers in China
The main providers of third-party payment in China are Alipay, Tenpay, Qianbao and Paypal. Alibaba and Tencent controlled over 90 percent of the Chinese mobile payment market.