BEIJING, March 2,
2023 /PRNewswire/ -- WeTrade Group Inc. ("WeTrade" or
the "Company") (NASDAQ: WETG), a global diversified "software
as a service" ("SaaS") technology service provider committed to
providing technical support and digital transformation tools for
enterprises across multiple industries, today announced
that its strategic partner Vmade Tech PTE. LTD
("Vmade") has launched cooperation with Skyee, a
cross-border ecological payment service provider, to jointly
provide customers with safe and convenient cross-border fund
management services and create a new global payment experience.
As a cross-border ecological payment service provider, Skyee is
one of the first batch of Amazon's PSPP payment service providers,
and a member enterprise of Lakala, the first A-share listed
third-party payment company in China. It mainly provides safe, reliable and
convenient cross-border fund management services to cross-border
e-commerce enterprises, including B2C cross-border collection, B2B
foreign trade collection, 7/24 foreign exchange management,
supplier clearing, RMB withdrawal and factoring financing. Skylee
aims to provide effective capital flow management, reduce payment
costs and enhance global competitiveness for Chinese enterprises
going overseas.
Since its establishment, Skyee has won the Fengming Award for
China's cross-border e-commerce
twice, and has won many other awards, including the AAA Asia
Award of the Treasury, one of the most credible awards in the Asian
investment community, and was recognized as a national high-tech
enterprise in 2019. At the same time, Skyee is subject to multiple
international regulations. It owns MSB and MSO licenses, employs
global TOP5 accounting firms to conduct comprehensive audits every
year, and uses the Accuity risk control database to align itself
with global mainstream industry standards. Skyee adheres to the
core principle of protecting user information and capital security,
and has always demand its own technology and operation team of
ensuring the capital security and compliance of businesses
and users based on the top international security standards, so as
to build all development on the basis of security.
Skyee Card is a product that Skyee, through reorganizing and
defining cross-border payment scenarios, works with card issuers to
launch online merchant payment products that support Visa and
MasterCard. Skylee Card solves the
overseas multi-frequency and fragmented payment needs of
cross-border e-commerce enterprises, and effectively helps Chinese
enterprises go overseas to reduce costs and increase efficiency.
Tianyi Card is a global collection,
payment and exchange network and virtual card intelligent network
management based on API services, which allows customers to process
global funds in a one-stop way with fast, high success rate and
economic benefits.
Vmade is a partner of WeTrade Group, which authorizes Vmade to
implement the commercial application of WTPay technology in the
world. Vmade can quickly respond to customer needs, not only
providing independent site building services for cooperative
customers, but also providing integrated cross-border private
domain growth solutions for cooperative merchants from multiple
dimensions such as global supply chain connection, marketing
customer acquisition, customer transformation, compliance
management, and cross-border payment.
WTPay is a cross-border financial service platform, which
provides the fastest T+0 cross-border trade supply chain fund
collection service for cross-border shipping enterprises. WTPay
connects resources in more than 100 countries and eight mainstream
currencies, and establishes cooperative alliances with more than 15
payment companies around the world to help customers quickly carry
out global collection and payment business. As of today, WTPay has
been promoted and put into trial operation in the United
States, Singapore, Australia, the
Philippines, Indonesia and other places.
The cooperation between Vmad and Skyee will provide a better
global payment experience in the field of cross-border e-commerce,
bring new payment options for cross-border e-commerce enterprises,
and jointly create a new blueprint for global payment.
About WeTrade Group Inc.
WeTrade Group Inc. is a global diversified "software as a
service" ("SaaS") technology service provider which is
committed to providing technical support and digital transformation
tools for enterprises across different industries. The four
business segments of WeTrade Group are YCloud, WTPay ,Y-Health and
YG.
YCloud is a micro-business cloud intelligent system launched by
WeTrade, serving global micro-business industry. YCloud strengthens
users' marketing relationship and CPS commission profit management
through leading technology and big data analysis. It also helps
increase the payment scenarios to increase customers' revenue by
multi-channel data statistics, AI fission and management as well as
improved supply chain system.
Independently developed by the Company, WTPay supports multiple
methods of online payment and eight mainstream digital wallets in
over 100 countries to help customers quickly realize global
collection and payment business.
Y-Health is the sector focusing on public health business, which
engages in developing global business for biological health and
medical enterprises. Currently, Y-Health mainly focuses on
detection and prevention of epidemic, daily healthcare, traditional
Chinese medicines, and others.
YG is the new energy business segment which mainly provides
tools and technical support for the digital new energy industry in
the Middle East and Central Asia.
For more information, please
visit https://ir.wetg.group.
Forward-Looking Statements
This press release contains information about the Company's
view of its future expectations, plans and prospects that
constitute forward-looking statements. Actual results may
differ materially from historical results or those indicated by
these forward-looking statements as a result of a variety of
factors including, but not limited to, risks and uncertainties
associated with its ability to raise additional funding, its
ability to maintain and grow its business, variability of operating
results, its ability to maintain and enhance its brand, its
development and introduction of new products and services, the
successful integration of acquired companies, technologies and
assets into its portfolio of products and services, marketing and
other business development initiatives, competition in the
industry, general government regulation, economic conditions,
dependence on key personnel, the ability to attract, hire and
retain personnel who possess the technical skills and experience
necessary to meet the requirements of its clients, and its ability
to protect its intellectual property. The Company's encourages
you to review other factors that may affect its future results in
the Company's annual reports and in its other filings with the
Securities and Exchange Commission.
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SOURCE WeTrade Group INC