Citcon

#Payment Service Provider

Citcon is a fintech company specializing in mobile payment and cross-border commerce solutions, with a focus on the Chinese market.

Payment methods N/A

Market coverage N/A
  • United States of America
Description

Citcon is a fintech company based in Santa Clara, California, specializing in mobile payment and cross-border commerce solutions. It was founded in 2015 by Chuck Huang and Wei Jiang. Citcon aims to simplify international transactions by providing payment services that enable businesses to accept various forms of payment, such as mobile wallets, credit cards, and popular online payment services.

One of Citcon’s key features is its omnichannel payment platform, which allows merchants to accept payments in their physical stores, online, and through mobile applications. The company particularly focuses on the Chinese market, offering payment solutions to facilitate transactions with Chinese consumers.

Citcon has established partnerships with various companies, including Alipay, WeChat Pay, UnionPay, PayPal, Apple Pay, and Google Pay. These partnerships enable businesses to easily accept payments from users of these platforms, which is essential for attracting both Chinese and international consumers.

Additionally, Citcon also provides marketing and analytics services to help merchants better understand their customer base and grow their businesses. Through these services, companies can gain valuable insights into consumer behavior and preferences, which can assist them in making strategic business decisions.

Citcon's features

  • 3D Secure
  • Chargeback management
  • Chargebacks
  • Partial Captures
  • Partial Refunds
  • Payin
  • Payout
  • Recurring Transaction
  • Recurring Transactions
  • Refunds

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Frequently Asked Questions

What is a Payment Aggregator (#PA)?2023-09-14T14:17:02+02:00

A PA is a company that enables merchants to accept payments through a single account. They aggregate transactions from multiple merchants into a single merchant account and facilitate payouts.

What is a Payment Facilitator (#PayFac)?2023-04-18T18:56:26+02:00

A PayFac is a company that simplifies the payment process for sub-merchants by providing a unified platform. They act as a middleman between the sub-merchant and the acquiring #bank and handle all the necessary compliance and underwriting processes.

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