LINDON, Utah, February 4, 2016 /PRNewswire/ --
ForeverGreen Worldwide Corporation (OTCBB: FVRG), a leading direct marketing company and provider of health-centered products, today announced the company has begun accepting China Union Pay (CUP) as a payment method and partnered with Paylution in order establish a more cost efficient payment solution. Both systems will create more stability, consistency and retention.
China Union Pay encourages growth. This is the most affluent payment method in China, and is an easier way to allow members to pay for orders in China. Member's payments will be submitted in CNY and the order will be converted from USD to CNY by China Union Pay using a daily conversion rate.
"This is one of the necessary steps to solidify our anticipated rapid growth as we go into the China market. China Union Pay is one of the most recognized and widely used payment methods in China and we are pleased to offer this remarkable service to our independent members in China, Hong Kong and Taiwan," commented Bob Steed, President Asia.
Paylution supports 170 countries, 34 currencies and 19 languages. Members will be able to manage their account and transfers in their local currencies with a mobile app.
"I'm thrilled to announce ForeverGreen's partnership with Paylution. With Paylution's global reach into so many countries and currencies, we knew this would be a great way for us to pay commissions to our members in a secure, accurate and simple way. We wanted to ensure we had a partner we could rely upon and one who shares our vision of excellence," stated Rob Ferguson, C.I.O of ForeverGreen.
ForeverGreen is expected to expand its use of CUP and Paylution outside of Asia. Paylution is used widely around the world and China Union Pay is currently expanding its reach outside of Asia.
For more information on ForeverGreen's products, visit http://www.forevergreen.org.
ForeverGreen Worldwide Corporation develops, manufactures and distributes an expansive line of all natural whole foods and products to North America, Australia, Europe, Asia, Africa and South America, including their new global offerings, PowerStrips, SolarStrips and BeautyStrips. They also offer their new North America weight-management line Ketopia, along with Azul and FrequenSea, whole-food beverages with industry exclusive marine phytoplankton, a line of hemp-based whole-food products, immune support and weight management products, Pulse-8 powdered L-arginine formula, 24Karat Chocolate.
This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward-looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The company's actual results could differ materially from expected results.
SOURCE ForeverGreen Worldwide Corporation