Why choose Silkpay’s POS terminals for your store?ġ- Accepting All European Merchants, from Small to Large The two types of POS terminals offered by Silkpay cater to different types of payment acceptance: This flexibility means that merchants can choose the solution that best fits their business.
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Our clients can choose between two types of POS terminals for Chinese payment methods, one that supports both card payments and QR code payments, and another that is solely for QR code payments. The company is committed to providing quality services to small businesses and entrepreneurs, as well as larger businesses. Silkpay's POS terminals are designed to meet the needs of all merchants, regardless of their size. An introduction to Silkpay’s POS terminals for Chinese payment method acceptance: Silkpay's POS terminal accepts UnionPay, Alipay, and WeChat Pay, making it an excellent choice for European merchants who want to tap into this market and increase their revenue. By accepting UnionPay, European merchants can cater to the needs of Chinese consumers, who represent a significant and growing market. In fact, studies have shown that the majority of Chinese tourists would prefer to do shopping in Europe if merchants accept Alipay and WeChat Pay.įurthermore, UnionPay is also an important payment method for Chinese consumers, especially for large transactions.
UnionPay is also widely used by Chinese consumers all over the world.Īs more Chinese tourists and consumers travel to Europe after the restrictions lift, it becomes increasingly important for European merchants to accept these payment methods. Alipay and WeChat Pay dominate China's mobile payment market with 95% of market share combined.
One important consideration is the growing Chinese consumer market.
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It not only allows them to accept a wide range of payment methods but also ensures efficient and secure transactions, with professional support and customizable solutions. In today's competitive market, having a performant POS terminal is crucial for a successful business. Maximizing Revenue with Alipay, WeChat Pay and UnionPay UnionPay had a market share of 6%, but it is still a popular card and QR code payment method among Chinese consumers, especially for large transactions. Alipay, WeChat Pay, and UnionPay in numbersĪs of 2020, Alipay had a market share of 54.5% and WeChat Pay of 39.5% in China's mobile payment market. In this article, we will discuss the benefits of Silkpay's POS terminals for accepting Chinese payment methods and why it is the best solution for European merchants. Not only does it accept these popular payment methods, but it also offers wireless, customizable, and easy-to-use solutions for all types of European merchants. This is where Silkpay's POS terminals come in. Silkpay's POS terminal is the answer to this need.Īs more and more Chinese consumers travel to Europe now, it becomes increasingly important for European merchants to be able to accept popular Chinese payment methods such as Alipay, WeChat Pay, and UnionPay. With an increasing demand for fast and secure payment methods, businesses need a reliable solution that can meet their customers' diverse payment preferences. In today's digital age, technology has changed the way we conduct business, communicate, and even make payments.
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