Fintech Firm Panpay Targets SOHO Traders with Global Payment Solutions

Fintech Firm Panpay Targets SOHO Traders with Global Payment Solutions

PanPay offers overseas bank account solutions for freelance exporters (SOHO) to receive payments. It features fast account opening, low fees, and no withdrawal restrictions. However, it doesn't support traditional payment methods, making it suitable for customers with specific needs. PanPay provides a convenient way to manage international transactions for those comfortable with modern payment systems and seeking cost-effective solutions for cross-border receivables.

HSBC Hong Kong Enhances Crossborder Payments Via FPS

HSBC Hong Kong Enhances Crossborder Payments Via FPS

This article provides a detailed explanation of HSBC Hong Kong's 'FPS' (Faster Payment System) function, covering operations such as transfers, QR code payment/collection, and in-app payments. It aims to help you navigate cross-border payments and enjoy efficient and convenient financial services. Learn how to utilize FPS for seamless transactions and explore the various features offered by HSBC Hong Kong to simplify your financial interactions, especially when dealing with international payments and transfers.

Tiktok Shop Expands Crossborder Payments Via Alipay Payoneer

Tiktok Shop Expands Crossborder Payments Via Alipay Payoneer

TikTok Shop has added Alipay and Payoneer as new payment methods for cross-border security deposits, providing sellers with more convenient payment options. Sellers must ensure that the account holder's identity matches the legal representative of the store and pay the deposit in a timely manner to avoid restrictions on store operations. The security deposit system aims to protect the rights and interests of the platform, buyers, and users, and to regulate platform operations.

Western Union Certify Simplify Global Supply Chain Payments

Western Union Certify Simplify Global Supply Chain Payments

Certify partners with Western Union to accelerate cross-border payments and optimize global supply chains. This collaboration aims to provide a more convenient and transparent payment experience, reduce costs, and help businesses expand into global markets. By streamlining the payment process, Certify and Western Union empower businesses to navigate international transactions with greater efficiency and confidence. This partnership supports digital transformation initiatives within supply chain finance, fostering innovation and growth in the global marketplace.

Blume Global ICTSI Launch Maritime Payment Platform

Blume Global ICTSI Launch Maritime Payment Platform

Blume Global's Appointment Scheduling platform offers a new solution for maritime terminal operators to manage appointments and online payments. ICTSI is the first to implement this technology, significantly enhancing container turnover efficiency and operational transparency, thus advancing the global digitization process of terminals.

08/06/2025 Logistics
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Delayed Payment Fees Impact Import Process Efficiency

Delayed Payment Fees Impact Import Process Efficiency

A late payment fee refers to the charge that freight forwarders or customs brokers impose on customers after paying customs duties and value-added tax on their behalf, typically calculated as a percentage of the amount paid. Understanding this fee can help businesses optimize their import processes, control costs, and enhance market competitiveness.