Webus International Limited's Wetour platform now accepts XRP and RLUSD payments, enhancing user experience and settlement efficiency.
Quiver AI Summary
Webus International Limited has announced the launch of XRP token and Ripple USD (RLUSD) stablecoin payment support on its Wetour mobile web platform, allowing travelers to purchase product vouchers and promotional coupons using these digital currencies. This update promises to enhance checkout speed and settlement efficiency across Wetour’s premium services, including chauffeur and charter offerings. The integration ties crypto transactions directly to users' benefit tiers and promotions, aligning digital currency adoption with practical value. The feature will be rolled out in phases and is subject to local laws and compliance requirements. Users are advised to assess potential risks associated with volatility in digital assets before engaging in transactions.
Potential Positives
- The launch of XRP token and Ripple USD (RLUSD) payment support on the Wetour platform positions Webus as an innovative player in integrating cryptocurrency into travel services, enhancing its competitive edge.
- This upgrade facilitates faster and lower-friction checkout experiences for users, potentially increasing customer satisfaction and retention.
- By directly linking crypto transactions to user benefit tiers and promotions, the company can drive higher engagement and loyalty among its customer base.
Potential Negatives
- Introduction of cryptocurrency payments may expose the company to regulatory scrutiny and compliance risks in various jurisdictions, potentially complicating operations.
- The volatility of digital assets like XRP and RLUSD may deter some customers, posing a risk to user adoption and transaction volume.
- The reliance on technology integration and market conditions to realize the benefits of crypto payments introduces uncertainty about actual future performance and user experience.
FAQ
What new payment options has Webus added to Wetour?
Webus has introduced XRP token and Ripple USD (RLUSD) stablecoin payment support on the Wetour platform.
How can travelers use XRP and RLUSD on Wetour?
Travelers can use XRP and RLUSD to obtain product vouchers and promotional coupons directly on their Wetour accounts.
What are the benefits of using XRP or RLUSD for transactions?
Using XRP or RLUSD allows for faster checkout and automatic crediting of vouchers or coupons to the user's account.
Are there any regulations for using crypto payments on Wetour?
Yes, crypto payments are subject to local laws, KYC/AML requirements, and Wetour's voucher and coupon terms.
What services does Webus International Limited offer?
Webus specializes in premium chauffeur services and offers personalized transportation experiences through its Wetour platform.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
Full Release
Accelerating “Global Mobility × Crypto” Settlement
HANGZHOU, China, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Webus International Limited (“Webus” or the “Company”) (NASDAQ: WETO), a leading provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services worldwide, today announced that its Wetour mobile web platform has launched XRP token and Ripple USD (RLUSD) stablecoin payment support. Travelers can now use XRP token and RLUSD to obtain product vouchers and promotional coupons, with each crypto transaction automatically bound to the user’s account benefits and activity profile. The upgrade delivers faster checkout and lower-friction settlement across Wetour’s premium chauffeur, charter, and curated experience categories.
“Bringing XRP token and RLUSD to Wetour’s mobile web streamlines checkout and immediately credits vouchers or coupons to the traveler’s account,” said Nan Zheng, Chief Executive Officer of Webus, “Crucially, XRP token- or RLUSD-based activity now ties directly to users’ benefit tiers and targeted promotions, aligning crypto adoption with tangible, day-to-day value.”
Availability & compliance
The feature is available in eligible jurisdictions and will expand in phases. Use is subject to local laws, KYC/AML requirements, and Wetour voucher/coupon terms. Digital assets (including XRP token and Ripple USD stablecoin) can be volatile; users should evaluate risks and local regulations before transacting.
About Webus International Limited
Webus International Limited is a recognized provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services for travelers worldwide. Through an innovative Mobility-as-a-Service (MaaS) model, Webus delivers personalized transportation experiences with an extensive fleet of luxury vehicles and professional chauffeurs. The Company’s flagship brand Wetour offers airport transfers, intercity transportation, private guided tours, and luxury-chartered services for leisure and business travelers. For more information, please visit https://ir.wetourglobal.com or https://www.wetourglobal.com .
Forward-Looking Statements
This press release contains forward-looking statements, including statements regarding the availability, functionality and geographic rollout of XRP payments on Wetour; potential benefits of crypto-enabled settlement; user adoption; regulatory approvals and compliance; and the Company’s digital-asset management framework. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, including market conditions, regulatory changes, technology integration timelines, and other factors discussed in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”), available at www.sec.gov . The Company undertakes no obligation to update forward-looking statements except as required by law. This release does not constitute an offer to sell or the solicitation of an offer to buy any security or digital asset.
Investor Relations Contact:
Annabelle Li
Investor Relations – Webus International Limited
Email: [email protected]