BEIJING, Dec. 10, 2016 /PRNewswire/ -- at the 6th China Cross-Border E-commerce Conference and Exhibition in Shanghai, China, DHgate.com received the Screaming Phoenix Award, in recognition of their work in B2B cross-border e-commerce Trust and Safety. The Screaming Phoenix Award recognizes Chinese e-commerce companies for excellence in cross-border e-commerce risk management. This award was co-founded by both the Guangdong and Shenzhen Provincial Associations for Cross-Border E-commerce, and the Chinese International SME (small-and-medium sized enterprises) Association.
According to the China E-commerce Research Center, in 2015 Chinese cross-border e-commerce transactional volume reached 5.4 trillion Yuan or approximately 78 billion USD, with a 28.6 rate of increase. Exportation in Chinese cross-border e-commerce was worth 2.5 trillion Yuan or approximately 36 billion USD, and had an increase rate of 26%. In cross-border e-commerce exportation, B2B markets reached 3.78 trillion Yuan or approximately 55 billion USD and had an increase rate of 25%. The rapid development of the cross-border e-commerce market has made Trust and Safety a key part of cross-border e-commerce.
DHgate.com is a leader in Chinese cross-border e-commerce Trust and Safety, their payment system was one of the first to be Visa QSP certified in China, to receive the PF License Issued by MasterCard, and to earn the world renowned PCI DSS safety standards certificate. DHgate's Trust and Safety system is flexible for the dynamic environment of e-commerce and combines the application of big data, machine learning, and other advanced technologies to reduce risk. DHgate.com is currently working with the Chinese Standards institution to develop the award winning system into accepted industry standards.
"Payments and Internet Finance both play key roles in the upgrade of the B2B supply chain of cross-border exportation. TNS (Trust and Safety) systems ensure these two fundamental components can operate safely and successfully. With 12 years of exploration and accumulation, DHgate has established a comprehensive TNS system that has been highly recognized by different organizations and institutions in this industry. We take many leading roles in several key areas of this industry. In the future we will continue to optimize our TNS system, and provide a safeguard for SMEs to achieve their dreams of selling globally."
-TT Wang, Vice President of DHgate.com
DHgate.com is the first to market and the biggest B2B transactional cross-border e-commerce marketplace in China, aiming to provide global buyers with quality products at competitive prices. Founded in 2004, DHgate.com has approximately 10 million global buyers from 230 countries and regions, with 1.4 million global sellers offering 40 million products. DHgate.com's business enables buyers to directly access global manufacturers of the world's top brands with rich product selections. DHgate.com is an all-in-one platform with integrated services for international logistics, cross-border payments, internet financing, etc. DHgate.com's US, UK, Spain, and UAE product distribution warehouses allow for 24 hour delivery and convenient product returns & refunds, bringing great convenience to buyers at http://www.dhgate.com.
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