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Payza Makes Headlines With New Payment Options for China

payza news media coverage updates

PYMNTS.com covers Payza’s entry into China

On April 28th, PYMNTS.com published an article where they talk about the announcement made by Payza on April 27th: that Payza members in China can now load their Payza e-wallets using the popular local options WeChat, UnionPay and ePayLinks. Also, Chinese Yuan Renminbi (CYR) has been added as a currency supported by Payza for online transactions. Payza has offered basic services in China for nearly five years now, however this is the “first of several targeted initiatives being developed by Payza to support [China’s] growing eCommerce landscape”.

Firoz Patel, global executive vice president for Payza, said that “We are committed to delivering local deposit and withdrawal options specific to our customers’ preferred method by region, and these new services in China are an important step in that direction.”

The full article from PYMNTS.com can be found on their website: Payza Jumps Into China.

 

The Paypers highlights new Payza deposit options for China

Also on April 28th, The Paypers published an article mentioning the fact that Payza has announced new deposit options to its members in China and that online transactions for Payza’s Chinese members now can be performed in Chinese Yuan Renminbi (CYR).

Payza’s new deposit options for Chinese members are “expected to strengthen both domestic and cross-border ecommerce” and they are “aligned with [Payza’s] initiative to offer targeted local currency initiatives to markets such as in India, Bangladesh, Mexico and Brazil.”

The full article from The Paypers can be found on their website: Payza e-wallets users in China given access to WeChat, UnionPay, ePayLinks.

 

Crowdfund Insider mentions Payza’s new e-wallet options available in China

Crowdfund Insider has written in an article on April 27th that Payza has revealed new e-wallet options for China and this is the fourth speciality deposit option launched by Payza this year. Members in China can now utilize their Payza e-wallets by specific local options and they may also perform online transactions in Chinese Yuan Renminbi (CYR).

A recent report by China’s National Bureau of Statistics states that “the Chinese e-commerce market growth rate increased by 26.2% in 2016. . . . By 2020, at least a quarter of the population will be shopping directly on foreign-based e-commerce sites or through third-party cross-border retailers.”

The full article from Crowdfund Insider can be found on their website: Now Available in China: Global Fintecher Payza Reveals New E-Wallet Options.