Shulou(Shulou.com)11/24 Report--

Thank CTOnews.com netizens Rimi Ishihara for the delivery of the clue to happiness! CTOnews.com February 20 news, Zhejiang China Commodity City Group today officially released Yiwu Pay payment, marking the world's largest small commodities distribution center has its own global payment channel. As of CTOnews.com 's release, Commodity City closed at 5.38 yuan, up more than 10%.

According to reports, Yiwu Pay, founded in 2012, is a licensed third-party payment company under Zhejiang China Commodity City Group Co., Ltd., with a registered capital of 180 million yuan. We will focus on "payment and settlement" to provide enterprises with compliant, safe and efficient full-link trade payment services.

Yiwu Pay has reached cooperation with more than 400 banks around the world, covering more than 100 countries and regions and 16 mainstream international currencies, opening up cross-border RMB payment channels.

According to Yiwu Rong Media Center, in 2022, there were 176 countries and regions with cross-border RMB settlement with Yiwu, with a total settlement amount of 56.539 billion yuan, an increase of 56.23% over the same period last year.

The relevant person in charge of Zhejiang China Commodity City Group said that next, it will enable Juili digital settlement, give full play to the advantages of the integration of third-party payment licenses and market trade scenarios, and start the "righteous payment" brand.

CTOnews.com inquired about public information and found that Zhejiang China Commodity City Group Co., Ltd. completed the acquisition of the Express payment license in July 2022. After the acquisition, the Chinese brand name "righteous payment" and the English brand name "Yiwu Pay" were officially used for the payment license, and the cross-border RMB filing qualification was approved.

Yiwu Pay official website shows that Yiwu Pay semantic payment can, like other payment tools, support code-scanning payment, online bank payment and so on, as well as cash withdrawal and money transfer.

Yiwu Pay has launched cross-border collection products, which are officially described as follows:

Rapid opening, zero fee quick opening, one account collected all over the world, supporting collection in 16 mainstream currencies

Withdraw cash at will, according to the real-time exchange rate, withdraw cash at any time, quickly to the account, capital processing is flexible and controllable

Compliance safety, professional risk control system and team, comprehensive KYC audit and customer identity verification, strict anti-money laundering compliance monitoring, provide customized local services, effectively ensure the safety of funds.

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