YeePay is an initiator and leader in China’s vertical payment. The company was established in 2003 and now owns 30 branch offices, serving millions of merchants. With its focus on vertical sectors, it delivers one-stop solutions for payment and value-added marketing in the fields such as cross-border business, air&travel, retail, consumer finance, internet finance, education，telecommunications and insurance.
As a leading supplier of cross-border payment solutions, YeePay is not only one of the first companies receiving cross-border payment license but also completed the first cross-border remittance in China. Driven by customer demands, YeePay has achieved exceptional performances since its commencement of business. By improving payment technology and focusing on vertical customized solutions, it has enjoyed distinctive advantages in the licensed cross-border fields, such as import & export e-commerce, tourism, and overseas education.
2018 cross-border collection solution improved, providing Amazon international receiving account service.
2017 cross-border department was upgraded to a division, becoming one of the significant strategic divisions of YeePay.
2016 Transaction volume of cross-border business exceeded 20 billion RMB, leading in the industry.
The transaction volume in overseas education became the largest in China. Yeepay became one of the first companies acquiring the qualification for cross-border RMB settlement.
YeePay became the first payment company in the world providing flight payment services for Airlines .
YeePay is one of the first companies to obtain the cross-border payment license issued by The State Administration of Foreign Exchange.
YeePay is one of the first companies to obtained the payment license issued by The People’s Bank of China.
Launched the product of international card online payment and provided servcie for airlines.
Payment business model confirmed, made strategic plans for airlines and education industry
YeePay was established.
Completed China’s first cross-border payment of PSP
Engaged in cross-border RMB business first
Pioneered accounts division product with merchants’ efficiency improved by several times
CEO & Co-founder
Master’s degree in electronics engineering from Stanford University and bachelor’s degree in physics from Nanjing University
Prior to founding YeePay in 2003, Tang worked in Silicon Valley for several years where he gained managerial experience and experience in the research and development of software and wireless internet applications. He is also the co-founder and former chairman of Silicon-Valley-based SVCWireless, a role that allows him to gain current insights into trends in mobile communication commerce and technology worldwide.
President & Co-founder
Master’s degree from Illinois Institute of Technology and bachelor’s degree from Peking University, both in Computer Science
Chen Yu has been a leading figure in the internet, e-commerce and software fields for more than 20 years. Yu also held various positions at Oracle ,John Deere Health Care and AT&T Bell Labs(internship)
Being dedicated in the exploration and innovation in the internet technology area and with rich oversea experience and over 20 years of architect experience
Served as the System Integration Director of Hitachi U.S, Chief Architect of Abacus , Chief Engineer of Nokia U.S.
Served as the Senior Architect in eBay/PayPal and was responsible for the architecture design of mobile application systems
Having been dedicated in the Data driven risk management of the financial industry for 20 years
Served as a senior manager for risk decision in Capital One-one of the top five U.S. banks, and has rich experiences in the Data-Driven Making by utilizing the domestic and overseas credit investigation and the risk-control and profit model on the basis of the third-party data and the big data
YeePay became one of the first companies awarded with the pilot qualification of cross-border payment business.
YeePay created and has been leading vertical payment from 2003 to 2018.
YeePay serves more than 1 million merchants.
YeePay has won 173 awards in total
YeePay is one of the top 3 Internet charity platforms.