Appalicability
Obtain local licenses related to money remittance/transfer services.
Comply with all applicable laws and regulations.
Obtain UnionPay International membership and UnionPay International remittance acquiring license.
Scenarios
Global E-commerce Marketplace
Online travel agency: accommodation, transport
Etc.
Payment Flow
In the first transaction, the domestic cardholder initiates the payment to the domestic payment platform, and the domestic acquirer completes the domestic fund settlement.
The payment platform collects the transaction data and initiates the cross-border fund settlement requests to the UnionPay B2B platform in batches.
In the second transaction, after UnionPay has checked the transaction data through the risk control systems, it initiates the settlement to the overseas merchant.
Features
Fast and real-time: Sellers can receive funds immediately after evoking the withdraw transaction.
Fifteen mainstream currencies: Fifteen kinds of currencies supported for both issuing and acquiring.
Payout by 1 CLICK: Seller can start payout with a quick click on the merchant's or acquirer's page.
Easy APIs to start: Payout APIs are simple to help reduce the system development work.
Reasonable pricing: Payout provides competitive pricing.