To meet the huge settlement demand in the current Chinese acquisition market, the Acquisition Payout has relied on the UnionPay credit business to achieve the “recharge (consumption)+ payment (credit)” mode for UnionPay in China, providing high-quality payment settlement products for the buyers and sellers in the acquisition market – UnionPay acquisition products. This solution fully meets market demand and ensures that participants can smoothly carry out acquisition fund settlement and other operations.
The Acquisition Payout created by Gifpay for Allinpay has officially launched in October.