AltPayNet – UnionPay Cross Border - Payment Solution Benefits
October 11, 2021
Manila, Philippines, 11, October 2021 – Businesses and individuals have experienced the difficulties of international payment and money transfer or remittance in one way or another. Visiting designated bank branch or payment center, filling out forms with bank account details and personal information, paying service tax, conversion charges and other applicable charges are painstaking.
Today, the advancements in financial technology have paved the way for a secure, reliable, and speedy payment process. Payment modes like cross-border transactions, credit cards, e-wallet, alternative payment methods, and the likes, boost international digital payments and its efficiency.
Financial technologists aim to simplify complicated procedures of international payments. They securely ease access to customers and the information necessary to swiftly complete each and every transaction.
From what we observe nowadays, cross-border payment gateways help businesses to sell across borders. Consumers can simply purchase by typing in their account name and password and enjoy rapid check out.
Recently, AltPayNet and UnionPay have forged an agreement after the former acquired the Principal Acquirer status.
UnionPay is a global payment brand that provides high-quality, cost-effective, and secure cross-border payment services to the world’s largest cardholder base.
UnionPay Cross-Border B2B Payment & Service Platform offers comprehensive online payment service for import and export enterprises including global e-commerce, international and local trading enterprises.
The platform provides:
If using Debit/Credit Cards:
As AltPayNet, a PCI-DSS-Certified Software-as-a-Service (SaaS) company, becomes UnionPay Acquirer, it enables the company to onboard merchants and partners to process UnionPay card, mobile and QR Payments acceptance to their online shop systems, mobile and web applications.
AltPayNet offers simple and quick processes on how to become a partner or merchant.
In the AltPayNet webpage - https://altpaynet.com/prescreening , kindly provide the following business/company information:
After submission, an AltPayNet Onboarding representative will evaluate and validate the inquiry/application and will get back to you immediately for further instructions and recommendations.
Once approved, the preferred payment acceptance channel will be activated.
AltPayNet’s network has reached Hong Kong, the Philippines, Malta, Malaysia, Singapore, the USA, and Australia. The company has maintained global merchants solutions to clients in North America, Europe, Middle East, and Asia-Pacific.
AltPayNet is a licensed Operator of Payment Systems (OPS) issued by the Bangko Sentral ng Pilipinas (Philippines) and the Labuan Financial Services Authority (Malaysia).
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