TMCnet News
Mozido Expands Digital Payments Offering: Launches U.S. - China Cross-Border Payment GatewayMozido, a global provider of trusted digital commerce and payments solutions, today announced it has launched a payment gateway platform that facilitates trade between the U.S. and China. A new Mozido PayEase website guides U.S. merchants through the process of establishing an ecommerce capability to market and sell their products to the more than 1.3 billion people in China. The Mozido PayEase Payment Gateway (News - Alert) service enables Chinese consumers to securely pay with their local bank accounts and credit cards with reliable settlement of the funds to the U.S. merchant's bank account. As the first and most trusted cross-border payment gateway in China, Mozido PayEase breaks down barriers by allowing Chinese citizens to pay in their local currency while allowing the merchant to be paid in their home currency through a seamless transaction. The Mozido PayEase solution enables cross-border B2C payment processing and transaction settlement with China Union Pay, Visa, MasterCard (News - Alert), and a network of more than 26 nationwide and 80 provincial Chinese banks, encompassing 99.9% of Chinese payment accounts across 12 different currencies. Merchants already using the Mozido PayEase Payment Gateway service include: Apple, Burberry, Nike, Korean Air, Travelzoo (News - Alert), Experian, HP, Bally, Dolce & Gabbana, H&M and Nescafe, among others. "Major U.S. and global brands and retailers are more than ever eyeing the large market of Chinese consumers, and Chinese consumers increasingly have an appetite for Western products," said Michael Liberty, founder of Mozido. "Mozido is invested in making cross-border commerce a reality. The Mozido PayEase Payment Gateway opens doors for U.S. retailers and expands purchase opportunities for Chinese consumers." "PayEase is the most established and trusted payment gateway in China, providing access to the local payment system and licenses to enable commerce," said Fred Sum, CEO at Mozido PayEase. "The new Mozido PayEase Payment Gateway web portal is making it easier for U.S. merchants to take the steps necessary to sell into China." The strengths of the Mozido PayEase Payment Gateway service include:
Merchants can visit www.mozidopayease.com to start the process of selling into China. Mozido PayEase Payment Gateway is the company's latest addition to its suite of digital payment and commerce solutions. Other products announced today at Money 20/20 in Las Vegas include: Media interested in meeting at Money 20/20 to discuss Mozido HCE or Mozido PayEase Payment Gateway should contact [email protected]. You can also visit us on the trade show floor at booth #2429. About Mozido Mozido provides trusted digital payment and commerce solutions globally delivered as cost-effective cloud-based solutions branded for clients. Highly interoperable, Mozido solutions work with virtually any wireless carrier and mobile device, and integrate easily with ads, offers, and other products from third parties. Mozido's worldwide presence and global offerings include operations in the US, China, India, Africa, Middle East, Europe and Latin America, enabling people to manage their money, payments and other services from their mobile phones. For more information, visit us at mozido.com. Follow us on Twitter (News - Alert): @Mozido. View source version on businesswire.com: http://www.businesswire.com/news/home/20151026005525/en/ |