What is EasyPay? EasyPay Review

1. Introduction to Yilian Payment

Yilian Payment Company has built an innovative financial payment service platform "Yilian Payment PAYECO" by cooperating with domestic banks, UnionPay and other financial institutions, engaged in cardless authentication payment business and prepaid card issuance and acceptance business, and provides a full range of manual consulting and online technical support services.

In 2011, the People's Bank of China issued a "Payment Business License" to the company, allowing it to engage in mobile phone payment, Internet payment, and prepaid card issuance and acceptance business.

2. Scope of EasyLink Payment Services:

1. Yilian ePay: the ultimate payment tool for mobile Internet;

2. DNA mobile payment: online recharge anytime, anywhere;

3. One-line payment: voice online payment solution;

4. Cross-border payments;

5. International acquiring cooperation;

6. Collection and payment services.

3. Development History of EasyPay:

In April 2005, when the company was founded, it reached a strategic cooperation with Guangzhou UnionPay Network Payment Co., Ltd. to carry out the issuance and acceptance of welfare cards for corporate welfare consumption in major cities in the Pearl River Delta.

In June 2005, the company was established and became the first service organization in Guangdong Province dedicated to the issuance and acceptance of prepaid cards. It took the lead in establishing a merchant service network for catering, fitness and entertainment, cultural leisure, and life convenience in Guangzhou.

In 2006, it was the first in the industry to provide a variety of prepaid card payment services, including POS payment, online payment, and telephone payment, which are suitable for all types of corporate institutions to accept consumption.

In March 2007, the company cooperated with Grandview Plaza to issue the "Grandview Card", and for the first time launched services with high-end shopping malls in Guangzhou.

In September 2007, the company cooperated with Shenzhen UnionPay Easy Banking Financial Services Co., Ltd. to launch the "DNA Payment Pass" business, providing DNA mobile phone confirmation payment platform services to Shenzhen users.

In August 2008, the company cooperated with China UnionPay Guangdong Branch to launch the UnionPay card remote cardless payment service (DNA mobile payment).

In September 2008, the company established a strategic partnership with Ctrip.com (CTRIP), a well-known travel service company.

In June 2009, the EasyLink card trademark was successfully applied for.

In September 2009, the company cooperated with the Nancheng District Government of Dongguan to issue the "Nancheng Happy Consumption Festival" consumption card.

In October 2009, the company introduced the ISO27001 management system and the DNA mobile payment platform passed the international PCI security certification.

In March 2010, DNA mobile payment was listed as China UnionPay's first-generation mobile payment standard product by China UnionPay's Product Innovation Department and was fully promoted and implemented to all branches.

In April 2010, UnionPay DNA mobile payment was launched on Air China, providing payment services for Air China's call center, further consolidating the unparalleled payment advantage of UnionPay DNA mobile payment in the field of air ticket sales.

In April 2010, the company joined hands with Taikang Life Insurance to provide DNA mobile payment services for insurance underwriting, and the DNA mobile payment business entered the insurance payment industry.

In August 2010, the company further integrated its brand management, released the payment brand concept of "PAYECO Easy Payment", incorporated "DNA Mobile Payment" into the brand category of "PAYECO Easy Payment", and continued to provide safe, efficient and green payment services to customers.

In September 2010, the company cooperated with Dell (China) Co., Ltd., and EasyLink cardless payment assisted Dell in direct ordering, promoting a new payment model for IT product ordering in call centers.

In December 2011, it was issued a Payment Business License by the People's Bank of China, authorizing it to engage in mobile phone payment, prepaid card issuance and acceptance business.

In 2012, with the approval of the Ministry of Commerce, EasyLink Business Services Co., Ltd. (Hong Kong Branch) was established. It is responsible for providing overseas merchant services with Hong Kong as its center and has become a third-party service agency of UnionPay International. It has the qualifications for overseas merchant development, overseas merchant services, payment system access to UnionPay International, and acquiring income.

In October 2013, our company was recognized as a "Guangdong High-tech Enterprise" by the Provincial Department of Science and Technology.

IV. Relevant licenses obtained:

In 2009, we obtained the international certification of PCI-DSS;

In 2011, it obtained the Payment Business License issued by the People's Bank of China;

In 2013, it obtained permission from the People's Bank of China to carry out cross-border RMB payment and settlement business, and completed the first cross-border RMB payment transaction by a payment institution;

In 2014, it obtained the license for fund sales payment and settlement business and added the "Internet payment" business.