What are the famous third-party payment platforms?–(2)

What are the famous third-party payment platforms?We have illustrated 15 third-party payment systems for your reference.

What are the famous third-party payment platforms?–(1)

9Global Payments

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Global Payments Inc. (NYSE: GPN) is a leading worldwide provider of payment technology services that delivers innovative solutions driven by customer needs globally.

Headquartered in Atlanta, Georgia with more than 10,000 employees worldwide, Global Payments is a member of the S&P 500 with customers and partners in 30 countries throughout North America, Europe, the Asia-Pacific region and Brazil.

Global Payments provides payment processing services to merchants, allowing them to accept credit and debit cards, along with other payment types (this role is known as a merchant acquirer). In return, they receive a percentage of the transaction value (usually about 1-2% for credit cards).


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Alipay (Chinese: 支付宝) is a third-party mobile and online payment platform.

Alipay overtook PayPal as the world’s largest mobile payment platform in 2013. In the fourth quarter of 2016, Alipay had a 54% share of China’s US$5.5 trillion mobile payment market, by far the largest in the world, although its share fell from 71% in 2015 as its rival Tencent’s WeChat Pay was rapidly catching up.

ALIPAY is owned by ant financial services, which is owned by alibaba.

Ant Financial, officially founded in October 2014, originated from Alipay founded in 2004.

11Wechat Pay(Tenpay)


WeChat Pay is a digital wallet service incorporated into WeChat, which allows users to perform mobile payments and send money between contactsEvery WeChat user has their own WeChat Payment account. Users can acquire a balance by linking their WeChat account to their debit card, or by receiving money from other users. Users who link their credit card can only make payments to vendors, and cannot use this to top up WeChat balance. WeChat Pay can be used for digital payments, as well as payments from participating vendors.As of March 2016, WeChat Pay had over 300 million users.

WeChat is one of the third party payment platforms under the Tencent group, which has been committed to providing a safe, convenient and professional online payment service for Internet users and enterprises.

Tenpay, an integrated payment platform launched by Tencent to meet the needs of its 1.1 billion QQ users, has grown into one of China’s leading online payment platform. Tenpay commits to provide airlines, logistics, insurance, games, B2C business and other industries with professional and secure online payment solutions. As the end of 2011, the registered Tenpay users accounts amounted to 190 million.

In China, WeChat PAY and ALIPAY are the two largest third-party payment tools. Both of these tools can use the payment qr code in the offline commodity payment transaction scenario.

12、Western Union


Western Union, the abbreviation of Western Union, is a leading express remittance company in the world. It was founded in 1851 and now has its north American headquarters in Colorado. It has the largest and most advanced electronic remittance financial network in the world, and its agency network covers nearly 200 countries and regions. Western union is a subsidiary of first data corporation (FDC), one of the fortune 500 companies in the United States.

The biggest characteristic of western union remittance is that the remittance speed is fast, the processing branch is many, do not need to open a bank account, do not have intermediary bank charge. Western union remittance adopts the same price of money exchange, which eliminates the loss caused in the process of money transfer.



Stripe is a global leader in mobile payments. As a tool to handle web and mobile payments, Stripe is targeting all developers and companies who want to add payment functionality to their products. Whether for mobile applications, or web site, you just need to copy and paste in the product background provided a short Stripe code and API, can have payment functions, allowing the user to enter credit card information to complete the payment transaction.

On its own characteristics and the rise of the mobile terminal products, the popularization of mobile payment function, let the Stripe see a lot of enterprises are gradually need a smooth transaction link, thus the size of the Stripe and valuation. The company, valued at $5 billion after its most recent fundraising, is sure to be another Square in the U.S. stock market in the near future.


Boku inc. is a global mobile online payment company based in San Francisco. Boku mobile online payments was formed in 2009 when two of the world’s leading mobile online payment companies, Paymo and Mobillcash, merged.

Boku provides a safe, convenient mobile payment, make traditional who don’t have a credit card or bank account can consumers shopping online, and eventually the bill would be delivered by the mobile service operators. Consumers mainly trade virtual or electronic goods and services through the Boku channel, such as video games, virtual goods and online experience services. Boku also focuses on electronic products such as mp3s, e-books and physical transactions.

Boku is the world’s largest operator payment company, with global revenues of hundreds of millions of dollars in 2013, according to public data. In a nutshell, Boku’s payment system is to establish a system, through the operator’s payment of telephone charges, to open up the demand between individual consumers and corporate consumers.

It is understood that Boku has now entered more than 80 countries and cooperated with 270 telecom operators around the world. That means Boku has set up a payment system for operators.


TranferWise, which was founded in 2011 and has five subsidiaries, recently announced that it has transferred more than $1bn in the us market in less than a year. At the same time, the most recent fundraising since the company’s market valuation has reached $1 billion. At the moment, TransferWise can only do business in the United States through partnerships with other companies, but it is applying for state licences and is expected to operate nationwide next year.

TransferWise’s value is mainly because traditional transfer services usually charge a 5% to 8% fee for each transfer, as well as foreign exchange fee and various hidden fees. TransferWise founders Hinrikus and Kaarmann envisage an online transfer system that charges minimal transfer fees and saves users high transfer fees. In terms of foreign currency exchange, TranferWise provides the mid-market exchange rate, the rate at which Banks buy, with no profit.