Users
7.1MBestPay | |
|---|---|
pmt_bestpay |
BestPay is China Telecom's electronic-wallet payment brand in China, known locally as Yipay. Its app connects bills, transfers and merchant QR purchases with funding sources, while payments can reach acceptance codes across networks rather than only a single retailer's checkout.
Use cases:
Channels:
Initiation:
Markets
1TPV
$6.5BTransactions
87MEstimated Monthly Usage, Aurato Research, October 2026
Capabilities
Initiation & Authentication
Funding & Requirements
Processing & Settlement
Transaction Management
Refunds & Disputes
Additional native capabilities
Markets
Estimated Monthly Usage, Aurato Research, October 2026
PSPs
No PSP implementations have been mapped for this method yet.
Schemes
Compliance
Regulator
The People's Bank of China
