UseePay
UseePay is a 2019-founded cross-border payment platform offering global card acquiring, foreign trade settlement, AI-driven risk management, and multi-currency exchange to online merchants in retail, travel, transportation, digital entertainment, software, and education across 200+ countries.
- Company typePrivate
- Founded2019
- HeadquartersKwun Tong, Hong Kong SAR China
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What UseePay does
UseePay is a cross-border payment platform founded in 2019 and operated by Shenzhen Yikun Technology Co., Ltd. (深圳镒坤科技有限公司), with a related Hong Kong entity, UseePay Limited, registered as an international bank card network payment system service provider. The platform delivers four integrated products: Global Payment Acceptance (全球收单), which supports card acquiring across 200+ countries and regions through six major international card networks plus e-wallets, cash, and bank transfers; Foreign Trade Payment (外贸收付款), a cross-border B2B settlement product; Risk Management (风控管理), anchored by the proprietary UseeShield fraud prevention system with AI-driven big data analytics, 3D-Secure authentication, and a dedicated dispute center; and Currency Exchange (货币汇兑), providing multi-currency conversion.
The technology stack is self-developed, including the UseeShield risk engine, intelligent transaction routing across globally deployed nodes, customizable checkout pages, and adaptive cross-platform rendering. Revenue is generated primarily through per-transaction take-rate fees on cross-border card acquiring, multi-currency exchange spreads, and annual service fees, with pricing negotiated based on merchant volume rather than published in tiers. Go-to-market is direct-to-merchant with self-serve online onboarding supplemented by a hotline (400-096-0868) and targeted at six verticals: online retail, aviation/hotels/travel, transportation, digital entertainment, software/SaaS, and education.
The company positions its competitive edge on a 100% fund security guarantee, 3-day express settlement, and a one-stop integration that obviates the need for merchants to contract with multiple regional payment providers. No parent company, venture backers, or institutional investors are disclosed, and UseePay appears to operate as an independent private company with 51-100 employees.
UseePay firmographics
Firmographics- Name
- UseePay
- Legal name
- 深圳镒坤科技有限公司
- Website
- https://useepay.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- UseePay is a 2019-founded cross-border payment platform offering global card acquiring, foreign trade settlement, AI-driven risk management, and multi-currency exchange to online merchants in retail, travel, transportation, digital entertainment, software, and education across 200+ countries.
- Ownership category
- akta.pro rank
UseePay industry classification
Industry- Product category
- Cross-Border Payment Processing
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Cross-Border & FX Payments Platforms (BPAMAFAK)
- akta.pro secondary industries
- Cross-border Payments, FX & Multi-currency Checkout (CRAFAJAF), SME & Business Cross-Border Payments (B2B) (FSAMAIAB), Merchant Cross-Border Collections (Pay-ins) & Local Payment Methods (FSAGAKAD)
Keywords
Where UseePay is headquartered
LocationHeadquarters
- HQ city
- Kwun Tong
- HQ country
- Hong Kong SAR China
- HQ region
- Asia
Offices1 record
Markets served
UseePay business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- Transaction Processing Fees: Fees charged on each payment transaction processed through the platform for merchants accepting global payments
- Currency Exchange Services: Multi-currency support with flexible exchange services for cross-border trade settlements
- Annual Service Fees: Annual service fees charged to merchants for access to payment processing and settlement services
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Custom enterprise pricing based on transaction volume and services required |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
UseePay product offering
Product offeringCore offering
UseePay operates a one-stop cross-border payment platform that enables merchants to accept global consumer payments across 200+ countries and regions through international card networks (Visa, MasterCard, JCB, American Express, Discover, Diners Club), e-wallets, cash, and bank transfers. The platform bundles four integrated offerings: global payment acquiring, foreign trade B2B payment settlement, AI-powered risk management with the proprietary UseeShield system and dispute center, and multi-currency exchange with 3-day express settlement.
Product overview
UseePay is a one-stop cross-border payment platform providing integrated payment solutions for global merchants. The platform operates as a unified system comprising four core products: 全球收单 (Global Payment Acceptance) for processing international card transactions across 200+ countries, 外贸收付款 (Foreign Trade Payment) for B2B cross-border settlements, 风控管理 (Risk Management) powered by the proprietary UseeShield fraud prevention system, and 货币汇兑 (Currency Exchange) for multi-currency conversion. Together, these products enable online retailers, airlines, hospitality, transportation, digital entertainment, software, and education businesses to accept global consumer payments through a single integration.
Differentiator
Problem solved
Functional benefit
Brands
- UseeShield: Self-developed risk control system
Products and services
- Global Payment Acceptance (全球收单) Global payment acquiring service enabling merchants to accept payments from consumers worldwide across 200+ countries and regions, supporting six major international card networks (Visa, MasterCard, JCB, American Express, Discover, Diners Club) plus e-wallets, cash payments, and bank transfers. Targeted at online retailers, travel, transportation, digital entertainment, software, and education businesses.
- Foreign Trade Payment (外贸收付款) Cross-border B2B payment service for foreign trade businesses, facilitating international transactions with multi-currency support, flexible exchange, and ultra-low fees for efficient foreign trade collections and payments.
- Risk Management (风控管理) Comprehensive risk management platform featuring the proprietary UseeShield AI-powered fraud prevention system, AI-driven big data anti-fraud analytics, 3D-Secure authentication for card transactions, and a dedicated dispute center to reduce and manage chargebacks. Targeted at merchants processing cross-border transactions who require safety, security, and regulatory compliance.
- Currency Exchange (货币汇兑) Multi-currency exchange service enabling flexible currency conversion for cross-border merchants with competitive exchange rates, multi-currency support, and ultra-low fees to support efficient cross-border settlement.
Quantifiable outcome
- 3-day express settlement
- +2 more outcomes
Companies that use UseePay
Customer profileSegments6 records
Ideal customer profiles4 records
UseePay technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
UseePay partnerships and signals
Strategic signalScale indicators4 records
Recent moves6 records
Expansion highlights4 records
UseePay competitors and assessment
Company assessmentDirect peers
- Checkout.com: Cloud-based global payment processor offering acquiring across 200+ markets, multi-currency settlement, and fraud prevention (Checkout.com Fraud Detection). One of the closest direct competitors to UseePay in core cross-border card acquiring, FX, and risk management for online merchants.
- PingPong: Chinese cross-border payment platform serving e-commerce merchants with global acquiring, FX settlement, and trade payments. Closely comparable to UseePay in B2B origin (Shenzhen/HK), merchant cross-border collections focus, and APAC-corridor orientation.
- PayerMax: Asia-based cross-border payment processor offering global acquiring, local payment methods, and FX for e-commerce and digital merchants. Closely comparable to UseePay in geographic origin, product scope (acquiring + FX + risk), and target verticals (digital entertainment, e-commerce, travel).
- 2Checkout (now Verifone): Cross-border payment platform serving digital goods, SaaS, and online merchants with global acquiring, local payment methods, and FX. Comparable to UseePay in targeting digital entertainment, software, and subscription-based merchants with international payment needs.
- Airwallex: Hong Kong-based cross-border payments platform offering global acquiring, FX, and multi-currency business accounts for online merchants. Highly comparable to UseePay in geographic base (HK), product scope (acquiring + FX + B2B), and target verticals (e-commerce, SaaS, travel).
Regional players
- Payoneer: Cross-border payment platform providing multi-currency accounts, receiving accounts, and FX for online sellers and B2B trade. Comparable to UseePay in cross-border B2B settlement and merchant receiving accounts, though Payoneer is more marketplace-anchored while UseePay is card-acquiring-led.
Broad incumbents
- Stripe: Global payment processing platform with strong cross-border e-commerce acquiring, multi-currency support, and fraud prevention (Stripe Radar). Comparable to UseePay in serving online merchants globally with localized payment methods, but significantly more developed in developer tools, capital, and brand recognition.
- Adyen: Global unified payments platform providing card acquiring, local payment methods, and cross-border settlement across 200+ markets. Directly comparable to UseePay in offering a single-integration cross-border acquiring + FX + risk management stack, but at materially larger scale and broader enterprise customer base.
- Worldpay: Established global merchant acquirer and payment processor offering cross-border card acceptance, FX, and fraud management. Comparable to UseePay in core acquiring and risk capabilities, but operates as a broad incumbent with deeper bank sponsorship and enterprise focus.
Emerging players
- dLocal: Cross-border payment processor focused on emerging markets, offering local payment methods and acquiring in 40+ countries. Comparable to UseePay's emerging-market and localized payment method coverage, though dLocal is more concentrated in LATAM and Africa.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
UseePay social profiles
Digital presenceUseePay financial estimates
Financial estimateRevenue estimate
Valuation estimate
UseePay leadership team
Management profileNumber of profiles
UseePay funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
UseePay M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about UseePay
What does UseePay do?
UseePay operates a one-stop cross-border payment platform that enables merchants to accept global consumer payments across 200+ countries and regions through international card networks (Visa, MasterCard, JCB, American Express, Discover, Diners Club), e-wallets, cash, and bank transfers. The platform bundles four integrated offerings: global payment acquiring, foreign trade B2B payment settlement, AI-powered risk management with the proprietary UseeShield system and dispute center, and multi-currency exchange with 3-day express settlement.
Is UseePay a public or private company?
UseePay is a private company. It is classified as unknown and is currently operating.
When was UseePay founded?
UseePay was founded in 2019. It employs 11 to 50 people.
Where is UseePay based?
UseePay is headquartered in Kwun Tong, Hong Kong SAR China, in the Asia region.
How does UseePay make money?
Three revenue lines are on record. Transaction Processing Fees are the primary driver. The others are currency Exchange Services and annual Service Fees.
Who are UseePay's main competitors?
Direct peers on record are Checkout.com, PingPong, PayerMax, 2Checkout (now Verifone) and Airwallex. Payoneer is listed as a regional player. Broad incumbents are Stripe, Adyen and Worldpay. dLocal is listed as an emerging player.
Does UseePay have an API?
No public API is recorded for UseePay.
What industry is UseePay in?
UseePay's product category is Cross-Border Payment Processing. Its primary akta.pro industry code is BPAMAFAK, Cross-Border & FX Payments Platforms, with a secondary code of CRAFAJAF, Cross-border Payments, FX & Multi-currency Checkout. Its NAICS code is 522320 and its SIC code is 6199.