background

In 2018 , Shopee obtained a license from the Indonesian central bank to manage electronic currency through its parent company Sea Group . Currently, the Indonesian central bank has granted a license to AirPay under Sea , and Shopee Pay will later conduct business through this license.

Payment Introduction

On the online platform, payment via ShopeePay has the following advantages: free delivery, daily cash back, special flash sales, and faster and cheaper shopping. All these benefits have become Shopee 's "money-burning" strategy to attract consumers to switch to ShopeePay .

In offline stores, the QR code used by ShopeePay has been connected to QRIS , which means it accepts other non- Shopee payment methods.

use

The use of ShopeePay is still done within the Shopee app, and unlike traditional retail, customers can purchase items instantly and easily.

develop

In October 2019, ShopeePay, Shopee’s electronic money service, is now officially available as another payment method for offline merchants, marking ShopeePay’s official entry into the offline payment competition with major players such as GoPay, Ovo, Dana and LinkAja.

References

• 1. Is ShopeePay launched by Shopee useful? : Taobao Data [reference date 2019-10-24T16:00:00.000Z]