About PAYSSION

• PAYSSION was founded on January 15, 2013, and is committed to providing customers with one-stop global online payment solutions. Through PAYSSION, you can access more than 300 local payment methods in the world, and the payment channels cover more than 190 countries around the world, including Europe, Latin America, the Middle East, and Southeast Asia.

• On July 21, 2014, it obtained the Hong Kong Money Service Operator License and received investment from Lei Jun's Shunwei Capital in May 2015. It has established branches or offices in Singapore, Shanghai, Shenzhen, Nanjing and Hong Kong, China.

• Payssion's core members come from third-party payment and banking institutions such as Alipay, PayPal, and Bank of China. They have rich experience and risk prevention mechanisms in cross-border payments. They currently mainly provide cross-border payment solutions for more than 20 industries including cross-border e-commerce, game distribution, overseas education, cross-border tourism, and live video streaming.

Vision and Mission

• Receive and pay globally, making payments borderless

• Providing simple and secure cross-border payment solutions for consumers and SMEs around the world
  

Culture and Values

• Integrity, communication, innovation, tolerance and sharing

Features and Benefits

• Multiple payment methods, covering more global users <br/>Support more than 300 local payment methods in more than 190 countries and regions;
  
  

• Good payment experience, safer payment collection <br/>Users do not need to change their payment habits, they can easily pay using local payment, and payment rejection is not supported;
  
  

• Low access cost, no fees if no transaction <br/>No monthly or annual fees, no fees if no transaction;
  
  

• Support multiple terminals, easier access <br/>Support multiple access methods such as Web API, mobile SDK, Opencart, Zencart and other open source online stores;
  
  

• Receive payments worldwide from just one account
  One account manages all payment channels, supporting more than 60 international mainstream currencies such as EUR and USD;
  
  

Development History

• In September 2019, Payssion entered into strategic cooperation with several gaming companies including DX.com, Douyu Live, and YY Games;

• In August 2019, Payssion participated in the ChinaJoy Game Show; Payssion participated in the Cologne Game Show in Germany;

• In May 2019, Payssion was launched in mainstream local payment platforms in Africa, India, South Korea, etc.

• In February 2019, Payssion reached strategic cooperation with Youzu Interactive, Mengjia Network, Guangzhou Zhuodong and other game companies;
  

• In June 2018, Payssion reached cooperation with many foreign trade website construction companies such as SHOPYY and Wanquanyun E-commerce;
  

• In August 2017, Payssion established an office in the Ali Center in Nanshan District, Shenzhen;

• In April 2017, Payssion entered into a strategic partnership with Global e-Commerce, a professional cross-border e-commerce company founded in 2007 and headquartered in Nanshan District, Shenzhen, with customers in more than 200 countries around the world.
  

• As of January 2016, the Payssion payment platform already supports more than 200 local payment methods worldwide, covering more than 150 countries and regions including Europe, Latin America, the Middle East, Southeast Asia, Africa, etc., including foreign local credit cards, online banking transfers, e-wallets, prepaid cards, and operator billing.
  

• On August 28, 2015, Payssion entered into a strategic partnership with Ueeshop, the largest foreign trade e-commerce website provider in China, with 10 years of professional website building experience, serving more than 20,000 customers worldwide, with customers in more than 50 countries around the world.

• On June 6, 2015, Payssion received Series A investment from Shunwei Capital, the CEO of Xiaomi Lei Jun. Shunwei Capital was co-founded by Xiaomi CEO Lei Jun and Xu Dalai in 2011. It currently manages three US dollar funds with a total of US$1.75 billion and a RMB fund of RMB 1 billion.
  

• On April 20, 2014, Payssion reached cooperation with more than 50 third-party payment companies around the world. Payssion is the first payment partner of Yandex.Money in China. It is also an official strategic partner of Qiwi and Webmoney in Russia, and also supports many mainstream commercial banks in Russia.
  

• On February 26, 2014, Payssion was reported by China Entrepreneur;
  

• On April 18, 2013, the official version of Payssion's global online payment system was launched. After a month of testing, customer reviews such as "no channel fees, no annual fees", "simple access, convenient management", "no risk of rejection", "professional technology, good service" have won Payssion unanimous praise and recognition from angel users, and also established confidence in the development of Payssion.
  

• On March 16, 2013, the Beta version of Payssion's global online payment system was launched for testing. During the testing phase, Payssion mainly provided Angel users with some local payments in countries such as Russia, Germany, and Brazil.
  

• On January 15, 2013, Payssion Limited was officially registered in Hong Kong. Payssion is a one-stop global online payment provider. At the beginning of its establishment, Payssion clearly defined our mission: to provide simple and secure cross-border payment solutions for global consumers and small and medium-sized enterprises. Our vision: to receive and pay globally and make payments borderless.

References

• 1. Liu Dong of Paypay: “Integrator” of third-party payment platforms: Chinese entrepreneurs [cited on 2014-02-17T16:00:00.000Z]
• 2. Payssion official website: company official website
• 3. Liu Dong, 2016 Internet Weekly Person of the Year candidate, founder and CEO of Paypay: eNews [cited on 2017-01-31T16:00:00.000Z]