YiPay

YiPay: Overview

YiPay is a Taiwan-based payment service that provides multiple local checkout options for online and in-person collections. On its official website, YiPay highlights four core payment methods for merchants in Taiwan: credit cards, WebATM, convenience store payments, and virtual account transfers.

What YiPay Offers

Core Checkout Methods

• Credit Cards: YiPay supports payments with major card brands including Visa, Mastercard, JCB, and UnionPay. Card authorization is routed through YiPay’s platform to acquiring banks. This makes YiPay suitable for standard Taiwanese ecommerce use cases where cards are the primary tender.

• WebATM: WebATM allows customers with a chip debit card and reader to complete bank transfers online. This is a familiar method for Taiwan shoppers who prefer bank account payments over cards.

• Convenience Store Payments: YiPay can generate a payment code that customers take to one of Taiwan’s four major convenience store chains for over-the-counter payment. This option is well-suited to cash-preferring buyers and increases reach to customers who do not pay online.

• Virtual Account Transfers: YiPay issues per-order virtual account numbers so shoppers can transfer funds via their bank. Virtual accounts simplify reconciliation by tying each payment to a unique identifier.

• Apple Pay: YiPay’s homepage states that Apple Pay is supported. For merchants, this can improve mobile checkout conversion by allowing eligible cardholders to authenticate with Face ID or Touch ID within Safari or iOS apps.

In-Person Acceptance via mPOS

YiPay hosts merchant guides for KGI Bank mPOS readers that accept Visa, Mastercard, JCB, and in some materials UnionPay, including contact, chip, and magstripe. The guides also show basic flows such as initiating payments on a mobile app, capturing electronic signatures, sending e-receipts, canceling transactions before capture, and submitting refund requests through a merchant portal. These documents indicate YiPay can support card-present scenarios in partnership with bank hardware.

Security And Compliance

YiPay’s site highlights standard security components for payment processing:

• PCI DSS: PCI DSS is the card industry’s security standard for handling cardholder data. YiPay references PCI DSS on its security section. Merchants integrating card acceptance are still responsible for their own PCI scope, so it is important to follow YiPay’s implementation guidance and complete the appropriate SAQ.

• SSL/TLS: The site notes SSL, meaning encrypted connections for data in transit.

• Funds Safeguards: YiPay references a trust mechanism on its homepage. Merchants should ask for details on how funds are safeguarded in transit and prior to settlement, and which bank partners are involved for trust or escrow arrangements.

Because requirements can differ by payment method, verify the exact security and settlement controls for each option you plan to enable.

Integration And Documentation

YiPay provides customer-facing documentation areas for merchants and developers:

• Merchant Documents: Guides and forms oriented to operations and settlement, often including step-by-step instructions for refunds, cancellations before capture, and daily balancing for mPOS.

• Technical Documents: A developer section is available for technical references. Although specific API pages are not publicly enumerated on the landing page, YiPay indicates a “technical documents” area where integration materials can be accessed.

In addition, the site’s service center includes a QA area that answers common questions such as available payment methods and general security posture. During evaluation, ask YiPay to share the full API spec, webhook events, test credentials, and code samples for the methods you intend to use.

Use Cases YiPay Fits Well

• Taiwan-Focused Ecommerce: If your store targets Taiwan, YiPay’s mix of cards, WebATM, convenience stores, and virtual accounts covers the main local payment preferences. Convenience store and virtual accounts can reduce cart abandonment for customers who avoid online card payment.

• Direct-to-Consumer Brands And Courses: For brands that benefit from cash-like options or bank transfers, YiPay’s WebATM and virtual accounts simplify reconciliation and let customers pay without cards.

• On-Site Sales And Events: Where mobile readers are appropriate, the mPOS materials indicate you can accept contact, contactless, and swipe cards through a bank-supplied reader while managing settlements and receipts in the portal.

Conclusion

YiPay is a practical choice for merchants selling to customers in Taiwan who need a mix of local payment options and straightforward pricing published in New Taiwan dollars. If you need Apple Pay for mobile conversion, bank-based payment alternatives for card-averse buyers, or convenience store pay-in to expand reach, YiPay’s published capabilities align with these needs. For omnichannel use cases, the existence of bank mPOS guides on YiPay’s site suggests a path to in-person collection when paired with the right hardware and banking partner.