Geoswift and PayEase Launch China Cross-border Payments Offering
Geoswift and PayEase have announced a joint solution that is designed to enable overseas merchants to clear and settle cross-border payments efficiently. The integrated solution carries out domestic collection in renminbi (RMB). It also settles cross-border and overseas mass payment in multiple major currencies across the world’s top financial centres.
PayEase has attained both Visa’s Qualified Service Provider Certification and Cross-Border Payment Licence. The partnership is in line with Geoswift’s mission to provide intelligent, frictionless and fully compliant cross-border fund flow for its clients.