What is PayEase? PayEase Review, Features

PayEase was founded in 1998 and is headquartered in Beijing. It has branches in the United States, Russia, Singapore, South Korea, Japan, Hong Kong, Heilongjiang, Shenzhen, Guangzhou, Shanghai, etc. For 20 years, PayEase has been adhering to the corporate values ​​of "customer first, pursuit of excellence, integrity, collaboration, innovation, and sharing", and is committed to building a leading international payment platform that connects the world and provides merchants with better quality and safer payment and clearing services.

Advantages

1. Multi-channel support

Connected with UnionPay and ChinaNet, supports debit and credit cards, with high payment success rate and stable service.

2. Customized services

Customized solutions are tailored to customer needs, and a professional technical team provides 24/7 service.

3. Full platform access

Supports quick access via APP, HTML5, WAP, PC, SDK, etc., with dedicated personnel for efficient docking.

4. Multi-dimensional risk control

A complete internal and external risk control system works together to ensure merchant transaction security 24 hours a day, 7 days a week.

5. Real-time clearing and settlement

A dedicated person will reconcile accounts in the backend and perform clearing and settlement operations on customer transactions, ensuring that funds arrive to the account faster than anyone else.

6. Great customer service

A key customer project team was established to work closely with the development interface and backend operation and maintenance to ensure VIP user experience.

product

1. Internet Payment

1. B2C payment: Shouxinyi Payment provides online fund settlement services for enterprises and individuals when they conduct transactions on e-commerce websites through the Internet. Debit cards and credit cards are supported. After opening online banking, you can complete the payment by entering the relevant information.

2. B2B payment: that is, corporate online banking payment, which provides fund settlement services for online transactions between enterprises and is suitable for large-value transactions between enterprises.

2. Mobile Payment

1. Agreement payment: Shouxinyi Payment provides users with agreement payment services on computers and mobile terminals, supporting debit cards and credit cards. For the first payment, collect name, card number, ID number, mobile phone number, and SMS verification code to bind the card for payment. For the second payment, enter the SMS verification code to complete the payment directly.

2. Scan code to pay: Users scan the merchant's payment QR code through the mobile client, and use the QR code and barcode interaction method to realize fund payment and value-added applications between individuals, between individuals and merchants, and between merchants.

3. Unified cashier: Unified cashier aggregates multiple payment methods to facilitate merchants’ cashier. Exclusive function modules can be customized according to merchant requirements and market demand to help merchants develop their business at a high speed.

3. Cross-border Payment

1. Outbound funds: To meet customers' needs for purchase and settlement of RMB and foreign currencies, merchants can flexibly choose currencies and settlement cycles, connect with major customs and electronic port systems across the country, efficiently push payment orders, and provide a full range of payment services.

2. Inbound funds: To meet customers' needs for purchase and settlement of RMB and foreign currencies, merchants can flexibly choose currencies and settlement cycles, connect with major customs and electronic port systems across the country, efficiently push payment orders, and provide a comprehensive range of payment services.

Development History

-In 1998, the government leadership team decided to launch the "Capital E-Commerce Project".

-1999, Shouxinyi Payment Platform was launched, creating B2C third-party payment services.

-2000, launched international credit card online payment business in the country, supporting online payment services of more than 20 mainstream banks in China.

-2006, launched B2B online payment business and became the exclusive online payment service platform of Beijing Public Payment Alliance.

-2008, invited to participate in the payment platform supporting the "Beijing 2008 Olympic Games".

-2010, started business cooperation with Apple China.

-2011, obtained the "Payment Business License" issued by the People's Bank of China.

-In 2013, we were awarded the QSP qualification by VISA, an international bank card organization.

-In 2014, we obtained the pilot business license for “cross-border e-commerce foreign exchange payment business” from the State Administration of Foreign Exchange.

-2015, obtained the "Cross-border E-commerce RMB Payment" business license from the People's Bank of China.

-In 2017, it invested in China UnionPay Clearing and Payment Co., Ltd. to help the industry develop in compliance with regulations.

-In 2018, the unified checkout counter was launched; advanced technologies such as big data, AI, and blockchain were introduced into the payment industry to provide diversified payment services for small and medium-sized merchants, and business cooperation was carried out with Amazon in the United States.