YabandPay
YabandPay is a Dutch Central Bank-licensed payment institution that aggregates Chinese and European payment methods through a unified API, plugins, and POS terminals for merchants across the EEA and Switzerland.
- Company typePrivate
- Founded2021
- HeadquartersRijswijk, Netherlands
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What YabandPay does
YabandPay B.V. is a Dutch licensed payment institution (De Nederlandsche Bank Firm Reference R188633) headquartered in Rijswijk, Netherlands, founded in 2021. The company operates a consolidated omnichannel payment platform that aggregates Chinese and European payment methods — WeChat Pay, Alipay, UnionPay, iDEAL, Klarna, Visa, Mastercard, Apple Pay, Bancontact, and others — for European merchants accepting payments from Chinese consumers and tourists as well as local European customers. Its core technology stack includes a unified API for payment initiation, refunds, and reconciliation; e-commerce plugins for WooCommerce, PrestaShop, Magento, OpenCart, CS.Cart, and Shopware; a proprietary POS terminal lineup covering mobile, countertop, and unattended form factors; and integrations with WeChat Mini Program SaaS providers Youzan (AllValue), Cakra, and iMenu. YabandPay operates within a PSD2 license framework across 30+ EEA countries plus Switzerland, the United Kingdom, and Hong Kong, and holds PCI DSS Level 1 Service Provider certification achieved in March 2025.
The company's revenue model combines per-transaction take rates on payment processing (including Chinese cross-border transactions), Premium Package subscription fees billed annually with auto-renewal, settlement-related fees (a EUR 5 handling fee applies to settlements under EUR 100), and ancillary revenue from a consumer cross-border remittance sub-brand called Yaband Remit plus unsecured business loans to merchant customers. Go-to-market is API-first and plugin-led, augmented by strategic regional partnerships (including YabandPay Nordic for Iceland, Denmark, Norway, Sweden, and Finland), direct sales to enterprise merchants such as Moutai, Lagardere, Gassan, Connexxion, and Rail Europe, and free co-marketing services delivered through official WeChat Pay and Alipay channels. Distribution is split between self-serve onboarding via the YabandPay Merchant Portal (web) and mobile apps (iOS and Android), and assisted sales for enterprise and unattended retail deployments. Merchant funds are safeguarded through Stichting Derdengelden YabandPay, an independent Dutch foundation providing bankruptcy-remote custody of customer funds.
YabandPay firmographics
Firmographics- Name
- YabandPay
- Legal name
- YabandPay B.V.
- Website
- https://yabandpay.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- YabandPay is a Dutch Central Bank-licensed payment institution that aggregates Chinese and European payment methods through a unified API, plugins, and POS terminals for merchants across the EEA and Switzerland.
- Ownership category
- akta.pro rank
YabandPay industry classification
Industry- Product category
- Payment Processing Platform
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- akta.pro primary industry
- Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA)
- akta.pro secondary industries
- Alternative Payment Methods (APMs) Enablement (BNPL, wallets, local methods) (FSAMACAE), Marketplace / Platform Acquiring (PayFac & Sub-Merchant Management) (FSAMABAF), Cross-Border Payouts & Mass Disbursements (Pay-outs) (FSAMAIAJ)
Keywords
Where YabandPay is headquartered
LocationHeadquarters
- HQ city
- Rijswijk
- HQ country
- Netherlands
- HQ region
- Europe
Offices1 record
Markets served
YabandPay business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Transaction Commission / Take Rate: YabandPay charges fees for each payment transaction processed through its platform. The platform supports diverse payment methods and deducts applicable fees before making funds available in the merchant's YabandPay Wallet. Chargeback fees and settlement fees apply in certain circumstances (e.g., 5 EUR handling fee for settlements under 100 EUR). The company also offers Premium Packages with monthly subscription fees for enhanced services.
- Monthly Subscription / Premium Packages: YabandPay offers Premium Package subscriptions billed annually (one-year fixed term, auto-renewing with 90-day notice for termination). These packages include additional services beyond basic transaction processing, with monthly subscription fees and one-off connection fees for certain service tiers.
- Pay Out and Settlement Fees: Settlement to merchant bank accounts is free for amounts over 100 EUR. For amounts below 100 EUR, a 5 EUR handling fee is charged. Pay Out frequency options include daily, weekly (every Tuesday), and monthly (first working day) settlements.
- Cross-Border Remittance Services (Yaband Remit): YabandPay operates Yaband Remit as a cross-border remittance brand for individual customers, sending funds from the EEA to designated beneficiaries via licensed Payment Services Providers.
- Business Loans: YabandPay provides unsecured short-term loan services to business customers as part of its fintech offerings, facilitating business growth and working capital.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard Settlement (Default) |
| Subscription | Annual | Premium Package |
| Transaction based/ take rate | Pay-as-you-go | Settlement Frequency Options |
Go-to-market motion1 record
Distribution channels7 records
Marketing channels8 records
YabandPay product offering
Product offeringCore offering
YabandPay is a Dutch licensed payment institution (DNB license R188633) that provides an omnichannel payment acceptance platform consolidating 20+ Chinese and European payment methods (WeChat Pay, Alipay, UnionPay QuickPass, iDEAL, Klarna, Visa, Mastercard, Apple Pay, Bancontact) for online checkout, in-person POS terminals, QR code payments, and pay-by-link scenarios. The platform serves European merchants through a unified API, e-commerce plugins, and a merchant portal, with EUR/GBP settlement, multi-currency display, and merchant fund safeguarding under Stichting Derdengelden YabandPay.
Product overview
YabandPay is a regulated Dutch payment institution offering an all-in-one omnichannel payment platform. The core offering consists of Online Payments (website/app integration), In-person/POS Payments (with proprietary terminal hardware), and Platforms/Marketplaces solutions. These are supported by add-on modules including Quick QR Payments, Pay by Link, Payment Methods aggregation, E-commerce Plugins (WooCommerce, PrestaShop, Magento, OpenCart, CS.Cart, Shopware), and WeChat Mini Program Integration. YabandPay also operates Yaband Remit as a separate sub-brand for personal cross-border remittances, and provides Business Loans as an additional service for merchants. The company holds PCI DSS Level 1 certification and offers a comprehensive API for developer integration.
Differentiator
Problem solved
Functional benefit
Products and services
- Online Payments Payment gateway enabling merchants to accept online payments on websites and in-app applications through integrated checkout supporting multiple Chinese and European payment methods including WeChat Pay, Alipay, UnionPay, iDEAL, Klarna, Visa, Mastercard, Apple Pay, and Bancontact.
- In-Person / POS Payments POS payment acceptance for brick-and-mortar retailers combining proprietary YabandPay POS terminals (mobile, countertop, and unattended devices) with support for Tap (contactless), Chip (insert), and Scan (QR code) payment methods, enabling Chinese QR and European card payments in-store.
- Platforms and Marketplaces Payment solution for platform and marketplace operators including merchant onboarding, payment acquiring, payment splitting, and multi-vendor settlement capabilities for SaaS platforms and WeChat Mini Programs.
- YabandPay POS Terminal Hardware Proprietary POS terminal devices sold to merchants including Mobile models (N86, N6, N82, A920 Pro), Countertop models (N6, A35, A80), and Unattended models (N62, UN20) with MDB protocol, supporting Tap, Chip, and Scan payment modalities.
- YabandPay Merchant Portal Web-based centralized backend at manage.yabandpay.com enabling merchants to register and manage accounts, configure payment methods, monitor transactions, view wallet balances, manage settlement preferences, handle chargebacks, and access API keys.
- YabandPay Mobile App Native iOS and Android mobile applications enabling merchants to manage payment operations on smartphones and tablets, available on the Apple App Store and Google Play Store.
- YabandPay API RESTful payment API with Python SDK supporting payment initiation, refunds, reconciliation, and related interfaces, with comprehensive documentation at docs.yabandandpay.com covering iDEAL, Bancontact, Klarna, UnionPay, WeChat Pay, Alipay, Visa, and Mastercard payment methods.
- Yaband Remit Cross-border remittance sub-brand for individual consumers enabling money transfers from the EEA to designated beneficiaries worldwide through licensed Payment Services Providers, accessible via the Yaband Remit website and mobile app.
- AI-Driven Smart Retail Payment Solutions AI-powered smart retail payment solution for European markets enabling automated and AI-driven checkout in smart retail cabinet deployments, addressing EU AI Act compliance and accelerating smart retail digitization.
- All-in-One Smart Payment Terminal All-in-one smart payment terminal enabling one-touch switching between Visa, Mastercard, and QR code payments for European merchants, with seamless card and QR code payment switching capability.
- Tap, Scan, Pay POS Flexibility Solution Next-generation in-store payment solution that enables merchants to accept Tap (contactless), Chip (insert), and Scan (QR code) payment methods through a single POS terminal for European merchants addressing diverse preferences of local consumers and international visitors.
- YabandPay E-commerce Plugins Pre-built payment integration plugins for WooCommerce, PrestaShop, Magento, OpenCart, CS-Cart, and Shopware enabling merchants to integrate YabandPay payment methods with minimal configuration.
- Business Loans Unsecured short-term loan product provided to business customers of YabandPay to support business growth and working capital needs as part of its fintech offerings.
Quantifiable outcome
- Payment processing time reduced by 50% for iDEAL CPSP merchants
- +3 more outcomes
Companies that use YabandPay
Customer profileNamed customers8 records
Segments5 records
Ideal customer profiles4 records
YabandPay technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration20 records
Feature8 records
YabandPay partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core.
- MacrostepcoreYabandPay partnered with Macrostep to deploy automated snack robots and smart retail payment solutions at Attractiepark DippieDoe, a Dutch theme park. This was the first deployment in Europe of fully integrated payment, retail, and automated unmanned machines, combining YabandPay's payment technology with Macrostep's hardware solutions.
- UnionPaycoreYabandPay officially joined UnionPay as an acquirer, enabling European merchants to access comprehensive UnionPay payment products including QR code payments, UnionPay QuickPass contactless payments, online payments, card payments, and UnionPay B2B cross-border comprehensive payments. This partnership allows European merchants to reach billions of UnionPay users, particularly Chinese consumers and tourists.
- iDEAL (CPSP)coreYabandPay became an official iDEAL CPSP (Collect Payment Service Provider), providing Dutch merchants with full iDEAL payment solutions including QR code payments and pay-by-link. This has increased payment processing capacity by 50% and enabled efficient Dutch market expansion for retailers. iDEAL processes approximately 1.3 billion transactions annually with over 70% market penetration in the Dutch payment market.
- Youzan (AllValue)coreYabandPay partnered with Youzan (AllValue), a leading WeChat Mini Program SaaS provider, to enable European merchants to establish WeChat Mini Program stores with fully integrated YabandPay payment capabilities. This eliminates additional development costs for European merchants seeking to sell through WeChat's platform.
- CakracorePartnership with Cakra, a WeChat Mini Program SaaS provider, to deliver convenient and efficient solutions for establishing WeChat Mini Stores with streamlined payment processes through YabandPay's integration.
- YabandPay NordiccoreYabandPay established a strategic partnership with YabandPay Nordic, led by Sturla Thorhallsson, to provide comprehensive payment solutions within the Nordic market (Iceland, Denmark, Norway, Sweden, Finland). YabandPay Nordic operates on behalf of YabandPay and brings extensive experience and a robust local presence in the Nordic region. The partnership focuses on offering online and offline payment solutions including Visa, Mastercard, WeChat Pay, Alipay, and UnionPay, along with expert WeChat Pay and Alipay marketing services for Nordic merchants.
- WeChat Pay (Official)coreYabandPay provides free marketing promotion services in cooperation with WeChat Pay official, including free marketing materials, red envelopes, Alipay App exposure, WeChat Mini Program exposure, and other official marketing support from WeChat Pay. YabandPay's WeChat cross-border payments enable European merchants to accept WeChat Pay for Chinese consumers.
- Alipay (Official)coreYabandPay provides free marketing promotion services in cooperation with Alipay official, including official marketing support, red envelopes, and app exposure. YabandPay's Alipay integration enables European merchants to accept Alipay payments with EUR/GBP settlement and full regulatory compliance.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
YabandPay competitors and assessment
Company assessmentMarket position
Competitive moat6 records
Key risks3 records
Key highlights7 records
Customer concentration
YabandPay social profiles
Digital presenceYabandPay compliance and trust
Trust signalCompliance7 records
YabandPay financial estimates
Financial estimateRevenue estimate
Valuation estimate
YabandPay leadership team
Management profileNumber of profiles
Profiles4 records
YabandPay subsidiaries and ownership
Company hierarchySubsidiaries1 record
YabandPay funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
YabandPay 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 YabandPay
What does YabandPay do?
YabandPay is a Dutch licensed payment institution (DNB license R188633) that provides an omnichannel payment acceptance platform consolidating 20+ Chinese and European payment methods (WeChat Pay, Alipay, UnionPay QuickPass, iDEAL, Klarna, Visa, Mastercard, Apple Pay, Bancontact) for online checkout, in-person POS terminals, QR code payments, and pay-by-link scenarios. The platform serves European merchants through a unified API, e-commerce plugins, and a merchant portal, with EUR/GBP settlement, multi-currency display, and merchant fund safeguarding under Stichting Derdengelden YabandPay.
Is YabandPay a public or private company?
YabandPay is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was YabandPay founded?
YabandPay was founded in 2021. It employs 11 to 50 people.
Where is YabandPay based?
YabandPay is headquartered in Rijswijk, Netherlands, in the Europe region.
How does YabandPay make money?
Five revenue lines are on record. Transaction Commission / Take Rate is the primary driver. The others are monthly Subscription / Premium Packages, pay Out and Settlement Fees, cross-Border Remittance Services (Yaband Remit) and business Loans.
Does YabandPay have an API?
Yes. YabandPay provides API documentation covering payment initiation, refunds, reconciliation, and other related interfaces, along with code examples. The API supports various payment methods including iDEAL, Bancontact, Klarna, UnionPay, WeChat Pay, Alipay, Visa, and Mastercard. Developer documentation is at docs.yabandpay.com/api/en.
What industry is YabandPay in?
YabandPay's product category is Payment Processing Platform. Its primary akta.pro industry code is FSAMACAA, Merchant Payment Gateways (API/Hosted Checkout), with a secondary code of FSAMACAE, Alternative Payment Methods (APMs) Enablement (BNPL, wallets, local methods). Its NAICS code is 522320.