Founding Origin

AllPay founder Ye Weihua has worked in the People's Bank of China and UnionPay, and has more than ten years of work experience in payment settlement and overseas markets. He started a business with his colleagues in 2012. His previous business was to provide technical support and operation services to large B -end users such as banks and payment companies, which was more mid-to-back-end. However, the team hopes to establish an independent cross-border payment service brand from China to face a wider user base. They began to think about a more front-end model. After a year of internal incubation, Allpay officially opened its services to the outside world in October 2015 .

Basic Situation

AllPay has established long-term cooperative relationships with major payment brands such as UnionPay, Alipay, Tenpay, and Paypal , supports dozens of payment channels, and serves thousands of transaction websites and brands around the world, including: Tianhai Cruise, China Southern Airlines, Jeju Air, AirPaz and other internationally renowned companies, with global cross-border payment capabilities.

Main Business

The first is the enterprise-level cross-border online payment service, which enables e-commerce merchants to access online payment functions based on PC and mobile terminals through interfaces, integrates payment channels such as UnionPay, Alipay, Fortune, VISA , and MasterCard, and provides integrated services such as customs declaration.

The second is enterprise-level cross-border payment services, which enable cross-border trade companies to collect cross-border payments from companies in China, Hong Kong and other countries and regions, which is conducive to the timely recovery of funds for domestic and foreign companies abroad.

The third is the personal cross-border remittance access service, which is provided to cross-border remittance processing companies to enable remittances from countries and regions around the world to personal bank card accounts in my country.

Features of Allpay

1. Easy and convenient access

Provide API , App SDK , e-commerce platform plug-ins to minimize merchant development and quickly access

2. One-stop, multi-channel

Provide a variety of payment services and customized solutions

3. Fund security and compliance

Financial-level fund security, PCI3.2 certification

4. The system is efficient and stable

PCI certification, system security and stability, fast service response

5. Transparent and open exchange rates

The exchange rate for domestic RMB receipts is based on the real-time exchange rate of Ping An Bank, with no exchange rate markup and is open and transparent.

6. High-quality and timely service

7 * 24- hour customer service, if you have any questions, you can send us an email or call the 400 hotline  

Development History

In February 2016 , AllPay completed a US$ 1.5 million Series A financing round, with the investor being the US independent investment institution PowerLaw Capital .

In October 2018 , iPayLinks and payment platform AllPay reached a strategic cooperation. The two parties integrated resources to jointly provide payment services to Wish sellers, giving Wish sellers an additional payment option.

References