China is one of the key global markets for cross-border payments. Global commerce is reaching the far corners of the world with developing and emerging markets embracing the fortunes and benefits of the internet and mobile commerce. <\/span><\/p>\n There are several challenges surrounding cross-border payments for enterprises conducting business in China and the general sentiment is that there is a lack of cross-border facilities and frameworks in the country. With the rise in the China B2B sector, research has indicated that the sector has attracted 5 billion Yuan in 2015, a year-on-year increase of about 699%. \u201cWe believe Geoswift will be able to facilitate the growth of this sector even further,\u201d says Raymond Qu, CEO and Founder of Geoswift.\u00a0<\/span><\/p>\n Geoswift was founded in 2010, driven by the desire to leverage the internationalization of the RMB and address the increasing need for cross-border payments to and from China. \u201cWe leverage on our proprietary technology, partnership network and deep understanding of the payments industry with the aim of transforming the global payments landscape and creating more efficient and innovative payment solutions.\u201d says Qu.<\/span><\/p>\n \u201cOur technologies and infrastructure allow us to create customizable solutions for our clients either by completing merchant\u2019s payment process, or by completing the missing pieces to a partner\u2019s payment value chain.\u201d<\/span><\/p>\n \u201cGeoswift provides clear navigational directions and solutions for partners and clients that need a China cross-border payments solution. We integrate regulatory compliance, operational and technical custom solutions to provide niche product that facilitate end-to-end one stop payment flow. \u201d<\/span><\/p>\n \u201cOur services span across payment settlement, payment collection, remittances, card solutions and foreign exchange services to meet the needs of consumers for tuition payments, eCommerce travel and pre-paid cards. Our main markets are Canada, China, Hong Kong, United Kingdom and United States \u2013 with plans to expand into other regions.\u201d<\/span><\/p>\n \u201cGeoswift is fully regulated in all its operating regions. By the implementation of a robust compliance program and regulatory framework, Geoswift continues to meet all global compliance standards while ensuring our clients\u2019 are also fully adhering to global regulatory standards.\u201d explains Qu.<\/span><\/p>\n \u201cWith the increasing numbers of cybercrime around the world, data protection is an issue we take seriously. In collaboration with TRUSTe, we ensure clients\u2019 data and privacy are protected and benchmarked against industry\u2019s standards.\u201d<\/span><\/p>\n \u201cTo ensure the Geoswift brand continues to be protected in the marketplace, Geoswift is forward-thinking and adapts well to changes. This includes being committed to keeping abreast of the fast moving compliance and legislative developments worldwide. In an increasingly complex and highly regulated environment, Geoswift takes great pride with the safety and soundness of each transaction that it processes through the Geoswift system.\u201d <\/span><\/p>\nCustom Solutions <\/span><\/h3>\n
Exceeding Expectations <\/span><\/h3>\n