The cross-border payment industry has once again welcomed strong players.
On April 29th, Interface News learned from Zhongtong Payment that its cross-border RMB payment business has recently completed filing in Guangxi. This is also the first legal person payment institution in Guangxi to complete the filing of cross-border RMB payment after the release of the Notice of the People's Bank of China on Supporting Cross border RMB Settlement in New Foreign Trade Formats (Yinfa [2022] No. 139).
Zhongtong Payment stated that the successful filing of the "Cross border RMB Payment" business this time is conducive to further integrating existing RMB cross-border payment settlement channels and resources, better targeting the demand of the cross-border payment market, and providing one-stop comprehensive cross-border payment service solutions for cross-border e-commerce, import and export trade enterprises, etc. For cross-border enterprises, the service qualification of Zhongtong Payment helps more enterprises to "go out", promote the expansion of their overseas business, help them accelerate the speed of capital flow, achieve the integration of cross-border transaction capital flow, order flow, and logistics, and further enhance international competitiveness.
Zhongtong Payment also revealed that it has initially reached cooperation intentions with international logistics enterprises, cross-border e-commerce platforms, etc., committed to providing cross-border payment solutions for enterprises, and also providing cross-border fund collection, remittance, settlement and other payment services for cross-border e-commerce platform buyers, logistics companies, etc.
In July 2023, Zhongtong Express obtained a payment license through the acquisition of Evergrande Wantong Payment, which received widespread market attention.
According to public data, the original Evergrande Wantong Payment holds a nationwide Internet payment license and the qualification for issuing and accepting prepaid cards in Guangxi, Guangdong and Yunnan provinces. In July 2023, the People's Bank of China officially approved the renaming of Evergrande Wantong Payment Co., Ltd. to "Zhongtong Payment Co., Ltd.", with the main investor changed from Shanghai Zhandi Information Technology Co., Ltd. to Shanghai Qijiang Information Technology Co., Ltd. The actual control is carried out by the natural person Lai Jianchang through Shanghai Zhongtong Digital Business Services Co., Ltd. Among them, Qijiang Information is a wholly-owned subsidiary of Zhongtong Technology. Although Zhongtong Technology is not directly related to logistics company Zhongtong Express in terms of equity, its legal representative, actual controller, and executive director, Lai Jianchang, is the vice president of Zhongtong Express.