"Pay by Link" professionally connects merchants and consumers.

With the flourishing development of e-commerce, those checkout models that cannot keep up with fast payments will soon be replaced by the market. Speed is king, and contextual commerce, also known as 'light commerce', is changing the payment rules of the consumer market game!?

As an innovative payment institution, YabandPay has developed the 'Pay by Link' product tailored for contextual commerce. It enables consumers to purchase products or services directly from the environment where they discover them without leaving the platform or application they are currently using.

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1. Pay by Link: Revolutionizing Digital Payments Professionally

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Contextual payments emphasize providing payment methods based on a specific context and creating a more convenient and customized professional payment experience.

Pay by Link, a payment method that sends customers a unique link, allows them to click the link and enter payment information in their browsers to complete transactions, which are dedicated to enhancing the convenience and professionalism of payments.

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Pay by Link suits small businesses, service industries, offline retailers, and individual companies or traders. This professional payment method is convenient and does not require complex technical integration, making it an ideal choice for merchants who need to complete transactions quickly or do not have an established store.

For merchants, Pay by Link simplifies the payment process, reduces payment risks, and increases transaction success rates. For users, it eliminates the need for cumbersome registration and login processes, allows a click to complete payment, and improves the overall shopping experience.

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2. Decoding the Professionalism and Flexibility of Pay by Link

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Pay by Link is suitable for various merchants, especially for online shopping, invoice payments, remote services, and more. Here are some professional merchant types that are suitable for using "Pay by Link":

- Small Businesses: For small businesses without an established online or offline store, Pay by Link is a professional and convenient way to accept online payments without complicated technical integration.

- Self-employed company: For self-employed companies without physical stores or specific products, Pay by Link is the most proficient and secure payment method for buyers and sellers.

- Service industries: Services such as education and customized tourism can easily collect service fees through Pay by Link. For example, a personal coach can receive lesson fees via a payment link.

- Offline retailers: Physical retail merchants can accept online payments by sending payment links, eliminating the need for consumers to queue.

- Events and tickets: Event organizers can sell tickets or provide payment options for special occasions through Pay by Link.

- Cross-border transactions: For merchants involved in cross-border transactions, Pay by Link offers a proficient, simple, and quick payment method without customers having to fill in complex payment information and currencies.

Pay by Link is a professional choice for merchants who want to offer flexible payment options, simplify transaction processes, or cannot establish complex professional payment systems.

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3. YabandPay: Building a Professional and Reliable Digital Payment Link Between Professional Merchants and Users

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In Europe, merchants choose Pay by Link for many reasons. Firstly, it is professional and suitable for various scenarios, from retail to the service industry, etc. Secondly, Pay by Link aligns with European consumers' increasing digital payment preferences, providing a more intelligent, proficient, easy, and friendly payment option.

YabandPay's Pay by Link product offers multiple benefits to merchants. With technical support, merchants can quickly implement Pay by Link, enhancing customers' payment experiences. Secondly, YabandPay integrates mainstream payment methods, providing multiple mainstream payment choices for merchants and their customers. Additionally, YabandPay prioritizes payment security and compliance, offering merchants an efficient and reliable payment environment.

YabandPay provides merchants with Pay by Link to support diverse payment methods, including credit cards, debit cards, Alipay+, and WeChat Pay. Thus, customers can always choose and trust the preferred payment method they are most habituated to.

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Professional Pay by Link Usage Process

1. Merchants and consumers finalize transactions in an interactive context, such as the "buyers era" on RED (Xiaohongshu).

Users from RED (AKA merchants) become professional buyers or shopping agents by sharing and recommending products on the platform. These buyers and shopping agents influence other users' shopping decisions, turning users into their consumer base.

2. Merchants generate payment links through YabandPay's professional management backend:

• Merchants create payment links (URLs) in YabandPay's professional backend.
• Links contain essential transaction information, such as the amount, product information, order number, etc.

3. Merchants send YabandPay payment links through email, SMS, instant messaging, or other professional online channels.

4.?Consumer Receives Payment Link:

• Upon receiving the payment link, the consumer clicks on it to access a webpage containing payment information, including order details and available payment methods.
• Consumers can choose their preferred payment method from the various options provided by YabandPay, such as credit cards, iDEAL, Alipay, WeChat Pay, etc. Based on the selected payment method, they input corresponding payment information, including credit card details, Alipay account, etc. (some payment methods may require identity verification).
• After confirming the accuracy of the payment information, consumers click the confirm or pay button.

5.?Payment Processing:

YabandPay processes the consumer's payment request, transmitting the payment information to the relevant merchants for transaction settlement.

6. Payment Result Feedback:

• Following a successful payment, both merchants and consumers will receive compliant payment result feedback from YabandPay, ensuring the security of transactions and notifying both parties of the payment status.
• Based on the payment result, merchants proceed to handle orders, such as shipping or providing services.

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The advantage of YabandPay's Pay by Link product lies in simplifying the payment process between merchants and consumers, standardizing transactions between buyers and sellers, and protecting the financial security of both parties. Customers do not need to input complex information; they only need to click the link to complete the payment. This is especially convenient for mobile payments, remote transactions, or shopping in specific scenarios.

YabandPay supports Euro payments and extends coverage to major global markets with Pay By Link. YabandPay aims to help European merchants expand their international business fast, attracting a broader global customer base. With a deep understanding of cultural differences worldwide, YabandPay ensures the acceptance of Pay by Link in various countries and regions by providing personalized market support.

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• Simplified and Swift Integration Process: YabandPay offers a simple and intuitive integration process. Merchants only need to generate a payment link to implement Pay by Link effortlessly.
• Enhanced User Experience: Through Pay by Link, merchants can improve the user experience, whether it's online shopping or offline services, by facilitating payments in a more relaxed manner, ultimately increasing user satisfaction.
• Secure and Reliable Payment Environment: YabandPay prioritises high-security standards, providing a safe and reliable payment environment for merchants and users, effectively mitigating payment risks.

In summary, YabandPay's Pay by Link creates a more intelligent and flexible payment experience for merchants and consumers, provides merchants with a convenient, secure, and efficient payment method, and offers consumers a more comfortable and enjoyable shopping experience.