COST EFFICIENT ‧ TIME EFFECTIVE ‧ EASY-TO-USE
CROSS-BORDER PAYMENT SOLUTIONS

E-COMMERCE

Driven by globalization and the rise of technological advancements, the number of cross-border purchases via e-Marketplaces and e-Retailers has massively increased over the past decades. This is especially evident in China, one of the world’s largest and fastest-growing e-Commerce markets.

 

E-COMMERCE IN CHINA: TRENDS, FACTS & FIGURES

  • China is one of the largest cross-border e-Commerce markets (For both exports and imports)
  • More Chinese sellers (Business and Individual) are selling on international e-Marketplaces like Aliexpress, Amazon and eBay to reach international customers
  • The trade value of China’s cross-border e-Commerce is expected to exceed Renminbi (RMB) 14 trillion by 2020, according to Research and Markets

 

By providing an efficient and seamless cross-border payment flow, we help clients effectively capture the massive online e-Commerce opportunity in China and streamline the overall e-shopping experience; maximizing conversion, retention and sales revenue.

Provide Mass Payout Solutions for E-Marketplaces and E-Retailers

  • Repatriate funds to Chinese sellers (business or individual) who sell on their platforms
  • Pay their Chinese suppliers (business or individual)

Offer a Wide Range of Local Chinese Payment Solutions for E-Marketplaces and E-Retailers

  • Collect funds directly from Chinese consumers (business or individual) who buy on their websites
  • Collect funds directly from Chinese suppliers (business or individual) for exported goods

Multicurrency Prepaid Cards as a Payment Tool for E-Retailers and Online shoppers

  • Enable Chinese online shoppers to use it as a payment tool for overseas purchase from global e-Marketplaces or e-Retailers
  • Enable Chinese e-Marketplaces or e-Retailers to pay overseas suppliers for imported goods

Value-added Chinese Payment Channels for E-Commerce Solution Providers

  • Provide a value-added option for e-Commerce solutions providers such as website builders, to offer a wide range of Chinese payment options to their clients who are selling to Chinese consumers

Let us know how we can be at your service.

COST EFFICIENT ‧ TIME EFFECTIVE ‧ EASY-TO-USE
CROSS-BORDER PAYMENT SOLUTIONS

EDUCATION

Driven by globalization and mobility of citizens across the globe, more Chinese students are studying abroad. However, language barriers, cultural differences and China’s rapid changes in monetary policy and financial regulations can make cross-border tuition payments challenging.

 

EDUCATION IN CHINA: TRENDS, FACTS & FIGURES

  • China has become one of the leading sources of international students for foreign education
  • 544,500 Chinese studied abroad in 2016 and expected to peak at between 700,000-800,000 YOY according to the Ministry of Education in China

 

By thinking payments first, you don’t just increase your share of the international education market, but also providing convenience and a peace of mind for your Chinese international students and their families. Find out how Geoswift can add value to your cross-border tuition payments flow.

Provide an Efficient Chinese Payment Solution for Online Tuition Payments

  • Collect tuition fees directly from their Chinese students
  • Pay collected tuition fees to educational institutions outside of China

Offer a Wide Range of Chinese Payment Channels to Direct Educational Institutions

  • Collect tuition fees directly from their Chinese students

Student Prepaid Cards

  • Specifically designed for international students to load multiple major currencies onto one single card
  • Simple yet convenient payment method for parents sending their children to study abroad

Currency Exchange Services for international students

  • Located at major airports, downtowns of major cities and travel agencies in China
  • Student discount rate and advance booking service

Let us know how we can be at your service.

COST EFFICIENT ‧ TIME EFFECTIVE ‧ EASY-TO-USE
CROSS-BORDER PAYMENT SOLUTIONS

TRAVEL

China’s economic boom drives an expansion of middle class, who is willing to spend more on travel than ever before. At the same time, China is becoming one of the most sought-after destinations for business and leisure.

 

TRAVEL IN CHINA: TRENDS, FACTS & FIGURES

  • China ranks the 4th in terms of both receipts USD$ 44 billion and arrivals 9 million
  • Chinese led the global outbound tourism. In 2016, there were over 135 million Chinese travelers with a total expenditure of USD$ 216 billion, according to United Nations World Tourism Organization

 

By thinking payments first, you don’t just seize the growing opportunity in China, but also providing additional convenience and a peace of mind for travelers. Learn how Geoswift can add value to your cross-border payments value chain.

Provide an Efficient Payment Solution for Online Travel Agencies

  • Repatriate funds to Chinese hotels, airlines, tour operators and car pick-up service providers
  • Collect payments easily from Chinese travelers

Offer a Wide Range of Chinese Payment Channels for Global Tour Agencies and Car Pick-up Services

  • Collect funds directly from Chinese tourists

Electronic Travelers Cheque for Chinese Travelers

  • Specifically designed for travelers to load multiple major currencies onto one single card
  • Eliminate the hassles and needs of carrying more than one currency in the wallet

Foreign Currency Exchange Services for International Travelers and Tour Operators

  • Located at major airports, downtowns of major cities and travel agencies in China
  • Special discount on currency exchange rate (on advance booking)

Let us know how we can be at your service.