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Cross-border payment services debut at the Canton Fair to help Chinese companies conduct overseas capital transactions

The 139th Canton Fair attracted numerous exhibitors; PayKKa, the cross-border payment brand under Newland Payment Technology, showcased its global payment solutions, providing efficient and secure financial services to help foreign trade enterprises expand into overseas markets.

Recently, the 139th China Import and Export Fair (hereinafter referred to as the “Canton Fair”) was held in Guangzhou. The total exhibition area of this exhibition reached 1.55 million square meters, with more than 32,000 exhibitors, and pre-registered overseas buyers exceeded 210,000. The popularity of this “China’s No. 1 Exhibition” reflects a positive signal for the recovery of global trade.

Onsite at the Canton Fair

During the exhibition, the international booth of PayKKa, a cross-border payment brand owned by listed company New Guodu, attracted many inquiries. With its global payment product business network, one-stop payment ecosystem and diversified service capabilities, it has demonstrated strong global payment service capabilities.

It is reported that PayKKa’s product business network has covered more than 190 countries and regions around the world, supporting the collection of more than 20 mainstream and niche currencies, including mainstream currencies such as the US dollar, euro, and pound, as well as emerging market currencies such as the Nigerian naira and the Philippine peso, which can meet the collection needs of foreign trade companies in different regions.
In response to the pain points of foreign trade B2B companies such as slow collection, high rates, and high compliance risks, PayKKa has optimized the account opening process to achieve zero-fee online account opening. Global collection accounts can be opened in as little as one working day, supporting local and cross-border dual-mode collections. High-quality customers can enjoy local currency review-free deposits, and funds can be received in real time at T+0 as soon as possible.
Its global acquiring and multi-currency settlement capabilities can support 7×24-hour second-level payments, and can directly transfer funds to suppliers and logistics providers to help foreign trade B2B companies with capital turnover.

PayKKa display

In terms of payment ecological construction, PayKKa integrates multiple services to form a closed-loop service covering all scenarios such as B2B foreign trade collection, B2C e-commerce collection, global collection, currency exchange, etc. It adheres to the “license first, compliant operation” strategy, holds multiple international payment licenses such as Hong Kong MSO, US MSB, Luxembourg PI, etc., and has the highest level of ISO certification.
At the same time, PayKKa has reached strategic cooperation with more than 100 global financial institutions, five major international card organizations, fiscal and taxation agencies and marketing technology service provider DeepClick to achieve a closed loop of traffic optimization and compliance payment. Enterprises can complete payment collection, foreign exchange settlement and other related operations in one stop within the ecosystem, easing cash flow pressure.

Relying on a complete product and ecosystem, PayKKa has covered multiple business types of customer groups and can match the overseas payment needs of different companies. Its core service targets include traditional foreign trade B2B companies, cross-border e-commerce sellers, digital service companies going overseas, etc.
Whether they are companies that export physical products, traders that are deeply involved in emerging markets, cross-border e-commerce sellers, companies that provide digital services overseas, as well as large exporters and group companies with annual exports of hundreds of millions, they can solve payment pain points or obtain personalized solutions through its related services.

The Canton Fair is still gaining popularity, and the three-dimensional global payment system built by PayKKa has been recognized by many foreign trade companies at the scene.
The product manager of PayKKa said that in the future, it will continue to expand emerging market currencies, optimize local service networks, deepen ecological cooperation, and provide payment support for Chinese companies going overseas.

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