Our cross-border money remittance service is designed to be a fully digitalised online solution providing a quick, innovative remittance solution compared to the traditional physical in-store remittance outlet currently used by many Chinese professionals. A recipient who is a UnionPay cardholder may cash out the money at any bank or ATM machine that accepts UnionPay in China. A recipient who is a qualified Weixin user would directly receive the funds into his authorized bank card in his Weixin app.
Payexchain is committed to protecting our customers and maintaining high levels of security. Our apps are designed with strict security features to prevent unauthorized logins, and have been tested according to internationally recognised security standards. We also implement advanced identity verification technology to ensure that we properly identify all of our customers and deter fraudulent activity.
This remittance service is highly regulated and as required by the local laws.
It is also sustained through real-time authentication with our partners, UnionPay and Tencent, and the State Administration of Foreign Exchange of China (“SAFE”) to meet the relevant capital control standards in China.
With the increasing demand for remittance services, we provide the flexibility of digital remittance by allowing everyone to remit funds to UnionPay accounts or qualified Weixin users anytime, anywhere.
We help you provide an efficient and convenient process that meets your needs as well as those of your customers. What’s more, we connect you with the industry state of the art system to provide a channel for a seamless process that remit money to China within minutes.
Are you looking for a simple system for your remittance business? Our remittance solutions help you to create a seamless money remitting experience for your customers, and a secure method for you as a remittance company— anytime, anywhere.