HONG KONG, July 23, 2015 /PRNewswire/ -- PayEase, the leading electronic payment service and solution provider in China, was recently invited to participate in the 2015 China Cross-border Payment Summit Forum at the Qingdao International Convention Centre. The forum was organized by the Ministry of Commerce of the People's Republic of China, Ministry of Science and Technology of the People's Republic of China and the People's Government of Shandong Province and co-hosted by China PAYNEWS.NET. A total of more than 120 e-commerce enterprises attended the summit.
General Manager of PayEase, Mr Kino Kwok, gave a keynote presentation at the forum on the topic of how to succeed as a cross-border e-commerce service provider. Mr Kwok pointed out that to do well in cross-border ecommerce, will require professionalism from the three major areas of payment, logistics and merchant. From payment aspect, it involves money collection and settlement & clearing, currency exchange, fund security, anti-money laundering and regulatory compliance requirements; From logistics aspect, it involves international freight distribution, direct mailing or bonded warehousing, custom declaration & clearance, inspection clearance, taxes and duties; From merchant aspect, it involves language localization, website design, language content, product preference, etc., all of these will be key factors determining the success or failure of a cross-border enterprise. Ultimately, if a company is able to provide diligent customer service covering these three areas, then it will win their customer's trust.
PayEase is the first and foremost Online Payment Service Provider in China, established in 1998 by the Beijing Government and widely recognized for its trustworthiness and secured nationwide banking connections. Besides having PBOC Payment license and SAFE Cross-Border Payment license, PayEase is the first Payment Service Provider in China to have obtained the PCI Certification, and ISO 27001, satisfying all international Payment Provider standards. PayEase customers include the Beijing Government, Banks, Universities and Fortune 500 corporations such as Apple, Amazon, Nike, Korean Air, HP, Burberry, D&G, Bally, Armani, Travelzoo, peerTransfer, Loro Piana, Nespresso, H&M, Yoox, China Telecom, China Mobile, China Unicom, and more.