This article discusses the emergence of QR codes and their current usages in various areas, especially in the payment industry. It also predicts the future growth trends of QR code payments in different regions such as Asia, North America and Europe.
Read MoreThis article will provide a detailed introduction to Alipay's “Tap” function, its impact on the customer’s payment industry, and explore how Silkpay can help merchants better accept Alipay payments.
Read MoreDigital wallets have rapidly gained popularity in the world. This article discusses why digital wallet users are spending more, highlighting the convenience of seamless payments, the appeal of rewards and discounts, and the perceived control offered by budgeting tools.
Read MoreSilkpay and VIP Paris Yacht Hotel & Spa announce a collaboration aimed at significantly enhancing the reception of Chinese visitors by integrating payment methods commonly used by them, such as Alipay, WeChat Pay, and UnionPay.
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 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 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 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 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.
What 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 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.
With more Chinese customers dining out globally, it becomes essential for restaurants to cater to their specific payment preferences. In this article, we will explore the importance of creating the best experience for Chinese customers, and nine key strategies for serving Chinese customers in the food and drink industry.
In today's global hospitality industry, customizing the payment journey for Chinese customers greatly influence their satisfaction. In this article, we will explore why you need to create a personalized payment experience for our Chinese customers? How to create the best payment experience for Chinese customers?
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