Silkpay has integrated Alipay and WeChat Pay into Sylq 's platform, increasing payment options for European merchants and connecting them with Chinese consumers. France-based payment solutions provider Silkpay and Sylq, a European all-in-one merchants payment platform, have announced a strategic partnership to enhance payment solutions for European merchants, integrating Alipay and WeChat Pay into Sylq’s platform through Silkpay’s in-store solution.

Opening access to Chinese consumers This collaboration represents a significant advancement in their mission of connecting European businesses with the growing Chinese consumer market. By incorporating Alipay and WeChat Pay in-store via the POS terminal, businesses across Europe can now connect with millions of Chinese customers, using their preferred payment methods. Alipay and WeChat Pay are among the top global payment methods, with Alipay boasting over 1.2 billion users and WeChat Pay 1.13 billion users, making them essential for reaching a vast and influential market segment.

For Silkpay, this partnership brings: Broader reach: Integrating Alipay and WeChat Pay into Sylq’s platform extends Silkpay’s services to a wider network of merchants, opening new market opportunities; Strengthened market position: This collaboration reinforces Silkpay’s role as a leading provider of Chinese mobile payment solutions, particularly in cross-border commerce; Growth potential: The partnership paves the way for future innovations and deeper integrations, offering new services that benefit clients and their customers. For Sylq and their clients, this collaboration means: Access to popular payment methods: Incorporating Alipay and WeChat Pay allows Sylq’s clients to cater to a broader customer base, especially the Chinese clientele; Improved customer experience: Being able to pay with their preferred payment methods, clients will enjoy a seamless, secure payment experience, improving overall satisfaction; Increased revenue: Accepting these widely used payment methods opens new sales opportunities and attracts both local and international customers who prefer using Alipay and WeChat Pay. .