According to Marketing Interactive, since enabling offline payment with UnionPay cards in January 2021, Yedpay is now offering an all-in-one payment solution consisting of UnionPay, Alipay, Alipay HK, WeChat Pay, and WeChat Pay (overseas) to 110,000 merchants on Boutir and expects to see further adoption.
Furthermore, the initiative comes to improve consumers’ online payment experience by employing cloud-based payment technology to process credit card and mobile payments. The solution makes the payment process faster and more secure, allowing for a unified settlement period of two business days.
Consequently, merchants can also view transaction data in real time, open new opportunities, and offer more sophisticated methods of operating their businesses, Marketing Interactive stated.
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