In the wave of globalization of the digital economy, globalization is becoming an unswerving choice for more and more Chinese enterprises. In the face of a completely unfamiliar overseas environment, especially in emerging markets where digital infrastructure needs to be improved, payment is a key factor for enterprises to monetize.
In order to open up all kinds of cross-border collection and payment blockages of enterprises, pingpong Fumao has improved its services from many aspects such as global market connection, cross-border payment cost reduction and efficiency increase, high standardization of security and compliance, and with the help of digital technology innovation service value-added and multi-scenario applications, it has created an intensive "collection, payment, It is a one-stop digital service platform integrating all fields of services for exchange, exchange and management.
Based on the requirements of the majority of foreign trade enterprises for the timeliness of foreign trade collection, Pingpong Fumao first built a local clearing network in many countries around the world, and settled through the local clearing network, so that the collection speed is as fast as seconds, which can not only greatly reduce the risk of foreign trade enterprises facing the arrival of funds, but also avoid various losses caused by the multi-party flow of funds.
Up to now, its one-stop digital service platform has 20 major global collection accounts and 11 major local collection accounts, supporting collection, payment, foreign exchange settlement and exchange in more than 20 global mainstream currencies, covering many major economic regions and emerging markets such as the United Arab Emirates, Mexico, the United States, Hong Kong, the United Kingdom, Europe, Japan, South Korea, Indonesia and other major economic regions and emerging markets.
In addition, with the help of digital technology, Pingpong Fumao has also realized the online process of its unified service platform "account registration-review-KYC-transaction", and provides a number of low-cost account opening rights and interests such as 0 account opening fee, 0 maintenance fee, and 0 account entry fee, which supports enterprises to use all collection accounts on the same day with only one real-name authentication, which greatly reduces the threshold for enterprises to reach the global market for efficient collection and payment.