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YabandPay News | The new EU regulations are now officially implemented, cracking down on tax fraud in e-commerce.
13/02/2024
On February 18, 2020, the European Council passed a directive (Directive EU 2020/284; also known as PSP-CESOP, Payment Service Providers—Central Electronic System of Payment Information), mandating that payment service providers (including banks, electronic money institutions, payment institutions, etc.) must report all payment records of member states and transaction information of beneficiaries (“payment receivers/merchants”). PSP-CESOP
Learn more >In the Era of Buyer Agents, Pay by Link Seamlessly Connects Merchants and Consumers
05/02/2024
As e-commerce continues to flourish, models unable to keep up with conversion rates or swift checkout processes will quickly fall behind. Speed is paramount, and “contextual commerce,” also known as “light commerce,” is changing the game. YabandPay has developed a “Pay by Link” product, which enables consumers to purchase products or services directly without leaving
Learn more >Bridging the Gap Between Chinese Consumers and European Merchants:YabandPay Announces Collaboration with UnionPay
22/01/2024
“YabandPay officially joins UnionPay as an acquirer, enabling European merchants to access comprehensive UnionPay payment products, including QR code payments and UnionPay QuickPass.” As a licensed payment institution based in the Netherlands, YabandPay is committed to providing convenient one-stop payment solutions for European merchants. This ensures that consumers can always choose trusted and familiar
Learn more >Assisting Merchants, Streamlining Payments: YabandPay Becomes the Official Acquiring Institution for Dutch iDEAL
YabandPay’s collaboration with iDEAL’s CPSP has significantly increased its capacity to process payments. Dutch customers utilize iDEAL to pay online at practically all commercial banks, including ABN Amro, Rabobank, and ING. With market penetration of over 70% by 2024, iDEAL dominates the Dutch payment scene, showing customer approval. The European Payments Initiative and Payconiq
Learn more >YabandPay Facilitates Effortless Creation of Global WeChat Mini Stores
09/01/2024
With the popularity of mobile payments and WeChat mini programs, YabandPay has strategically partnered with prominent mini-program SAAS providers such as Youzan(AllValue), Cakra, and iMenu. This collaborative effort aims to deliver convenient and efficient solutions for establishing WeChat Mini Stores and streamlined payment processes for many European merchants. Comprehensive WeChat Mini-Program Store Setup As
Learn more >YabandPay ‘s Strategic Partnership Unfolds in Iceland
19/09/2023
YabandPay is thrilled to announce a strategic deployment to provide comprehensive payment solutions within the Nordic market. YabandPay is a Dutch-based fintech company with the payment license issued by the Dutch Central Bank (De Nederlandsche Bank, DNB). Meanwhile, YabandPay’s partner, operating on behalf of YabandPay Nordic and led by Sturla Thorhallsson brings extensive experience and
Learn more >YabandPay secured a Payment License from De Nederlandsche Bank
01/09/2023
In July 2023, YabandPay, a Dutch-based fintech company, took a milestone step towards becoming a licensed financial institution in Europe. It secured a Payment License from De Nederlandsche Bank (DNB) and completed the sound and solid application process. The license empowers YabandPay to offer a comprehensive range of online and offline payment solutions, including WeChat
Learn more >Massive Return of Chinese Tourists to the European Market
09/08/2023
With the end of the COVID-19 pandemic, a rejuvenated influx of Chinese tourists is revitalizing the European tourism landscape. The global pandemic cast a profound shadow over the tourism sector in recent years, leading to a period of dormancy for European tourist destinations, hotels, and catering. However, as the pandemic comes to an end, a
Learn more >A business delegation from Qinhuai District, Nanjing, China visited YabandPay
19/06/2023
On June 16, 2023, Ms.Min Xian, Deputy District Mayor of Qinhuai District, Nanjing, and Mr.Yang Xiang, Director of Nanjing Investment Promotion Bureau visited YabandPay. We exchanged information and discussed the business environment in the Netherlands and Nanjing. At the meeting, YabandPay introduced its current main business in the field of Fintech, expecting to provide more
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