In 2025, cross-border RMB business in Shandong Province will exceed 1.5 trillion yuan, a year-on-year increase of 16.2%, which is 6.4 percentage points higher than the national average.
As the core engine of northern China’s economy, Shandong has become a new highland for China’s opening-up with an annual import and export volume exceeding 3 trillion yuan.
In this vibrant land, Payfount, a cross-border payment company, is rapidly rising and becoming the preferred brand in the cross-border payment field in the north.
Cloud Digital Payfount is headquartered in Shandong and is one of the few financial technology companies in the northern region that focuses on full-scenario cross-border payment services.
It is rooted in Qilu and radiates across the country. Unlike the southern payment giants, it has a deep understanding of the pain points and needs of northern foreign trade companies.
It has a localized service team and has set up service outlets in major foreign trade towns in Shandong such as Jinan, Qingdao, Yantai, and Weifang. It customizes payment solutions for northern characteristic industries such as traditional manufacturing, agricultural product exports, and heavy industry. It provides 7×24-hour response to solve the payment delay problem caused by the time difference between northern enterprises and Europe and the United States.
In the cross-border payment industry, compliance is the lifeline.
Cloud Digital·Payfount has built an industry-leading compliance qualification system.
It integrates the resources of multiple licensed MSOs and establishes in-depth strategic cooperation with multiple institutions holding the “Money Service Operator License” (MSO) issued by the Hong Kong Customs. At the same time, its own MSO license is being applied for and is expected to be officially approved in Q4 2026.
In addition, it strictly implements the physical isolation system of customer funds and operating funds, submits anti-money laundering audit reports every quarter, accepts continuous supervision by Hong Kong Customs, and the entire transaction link is traceable.
Cloud Digital·Payfount has four core business scenarios, covering all overseas needs.
In terms of traditional foreign trade, it is a stable choice for large-amount B2B payments. It supports traditional foreign trade payment methods such as T/T wire transfer, payment under letters of credit, and collection. There is no upper limit for a single payment, meeting the settlement needs of large-amount trades worth tens of millions. It can also lock the exchange rate in real time to avoid the risk of exchange rate fluctuations, and supports direct settlement in 18 mainstream currencies.
In the field of cross-border e-commerce, it is a fund acceleration engine for platform sellers. It supports one-click binding for payment collection on platforms such as Amazon and AliExpress. It supports unified management of multiple stores, fund collection, arrival in seconds, and cash withdrawals at any time, 24/7, with rates as low as 0.3%.
In terms of live broadcasting of games overseas, it is a payment expert in the digital entertainment industry, covering local payment methods in more than 200 countries and regions around the world. It has a payment SDK embedded in the game, so players do not need to jump. It also has an intelligent chargeback defense system that supports multiple scenarios and has a global ledger system.
In terms of Hong Kong trading entities, it took the lead in launching dual-channel collection services for stable currency and legal currency, solving many pain points of traditional cross-border payments.
There are five reasons to choose Cloud Digital Payfount.
First, they truly understand northern enterprises. 80% of the team members are from Shandong and have a deep understanding of the account period characteristics and payment habits of northern foreign trade enterprises.
Second, the rates are transparent, with no hidden charges. An open and transparent pricing system can be checked on the official website. There are no account opening fees, no annual fees, and no management fees. The exchange rate adopts the bank’s central parity rate, with no spreads. Exclusive VIP rates can be enjoyed for large transactions.
The third is technology-driven, safe and reliable, using bank-level data encryption standards, multi-active data centers, system availability of 99.99%, AI intelligent risk control system, real-time identification of abnormal transactions, and full traceability of capital links.
The fourth is to provide one-stop value-added services, including export tax refund consulting services, foreign exchange risk management solutions, supply chain financial docking, Hong Kong company registration and account opening guidelines, etc.
The fifth is personal service and quick response. There is a dedicated account manager for one-on-one service, a local Shandong team for door-to-door training, technical support to respond within 30 minutes, and dedicated personnel to follow up on important nodes.
Many customers have witnessed the advantages of Cloud Digital Payfount.
The financial director of an agricultural products export company in Yantai said that the capital turnover efficiency has doubled after using Payfount; the CEO of a digital entertainment technology company in Jinan said that after accessing Payfount’s game payment solution, the payment success rate has greatly improved; the operations director of a cross-border e-commerce company in Linyi said that Payfount has the fastest cash withdrawal speed, smooth customer service communication, and the multi-store fund pooling solution has been a big help.
With the in-depth implementation of RCEP and the advancement of the national strategy of ecological protection and high-quality development in the Yellow River Basin, the northern cross-border payment market is facing unprecedented development opportunities.
Cloud Digital Payfount will continue to adhere to the goal of serving more than 1,000 cross-border enterprises in 2026 and the annual transaction scale exceeding 5 billion yuan; in 2027, it will complete the implementation of its own MSO license and build the largest cross-border payment compliance network in the north; its long-term mission is to enable every northern enterprise to enjoy professional, efficient, and low-cost cross-border payment services.
For a long time, China’s cross-border payment industry has shown a pattern of “strong in the south and weak in the north”. Northern companies face problems such as slow service response and insufficient localization.
The emergence of Cloud Digital Payfount is breaking this pattern and escorting northern companies to go overseas.
Choosing Cloud Digital·Payfount means choosing Northern Enterprise’s own cross-border payment experts.
