collection, overseas study, overseas

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We still use a picture to show that first, with the support of the many business systems mentioned above, cross-border payment companies have the ability to open more underlying capability interfaces to external partners. These include foreign exchange purchase and declaration of foreign exchange settlement and declaration of foreign exchange exchange, including exchange rate inquiry and foreign exchange exchange forward exchange lock and other functions, overseas local order inquiry refund, foreign exchange cross-border collection, overseas agency account opening and balance inquiry, card issuance and inquiry and other capabilities. Based on these open basic capabilities, cross-border payment companies can support more business scenarios, including foreign card acquisition, overseas local acquisition, electronic wallet acquisition, operator acquisition, bank transfer collection, offline acquisition, etc.



, foreign trade collection, e-commerce collection, personal israel phone number format remittance and other scenarios, cross-border payment, logistics service provider payment, overseas T payment, advertising service provider payment, overseas employee cost payment, etc., card issuance and payment and other scenarios. In general, if a cross-border payment institution wants to support more businesses, it is most important to have the underlying capabilities. For example, if a cross-border payment company wants to generate accounts for merchants for overseas e-commerce payment collection, then the entire organization must have at least one available account opening channel and the channel can support the local accounts in the payment collection area required by the merchant to realize its business logic.



For another example, if a cross-border payment company wants to issue cards, it hopes to provide end customers with a virtual credit card product that can be recharged in RMB and can support multiple scenarios in foreign currencies through virtual credit cards. Then the first thing the institution needs is to find a channel that can support its issuance of virtual credit cards. The institution can choose to cooperate with the card organization to become its issuing member, or it can cooperate with the institution that has become the card organization's issuing bank to obtain its card issuing capabilities in the form of interface docking.