Thailand currency

EMQ strengthens its multi-currency B2B payment offers to China

HONG KONG & BEIJING–(BUSINESS WIRE)–Global payments network EMQ further bolsters its multi-currency B2B payment offerings for businesses with options such as Same-day settlement in RMB and USD across its extensive payment network reaching over 150 banks in China. This enables EMQ customers to send payments to their China-based suppliers with greater certainty, efficiency and transparency, while providing direct access to one of the world’s largest trading nations.

“China continues to be an important growth market for our enterprise customers, and EMQ’s payment network plays an important role in supporting their international business requirements, ensuring efficient and timely cross-border payments,” said said Steven Liu, Global Head of Networks and Expansion, EMQ. . “Our enhanced B2B solution will help businesses reach more customers and allow them to make seamless multi-currency payments globally.

EMQ’s global payment network enables businesses to build flexible solutions that support multiple use cases and can reach a variety of payment endpoints from anywhere in the world through a single integration. With the EMQ Connect API, customers can pay directly in RMB and USD with same-day payment options, improving the speed and cost of international payments in the global marketplace.

“At EMQ, we’re always looking for ways to enable businesses to provide a simpler, more cost-effective and secure payment experience for their customers. We are excited to expand our China B2B offerings into our global markets with more currencies and improvements underway in the coming months,” added Liu.

The latest development follows a recent series of expansion initiatives aimed at bolstering EMQ’s network infrastructure and product portfolio with real-time payment capabilities across Europe, Hong Kong, China, Thailand , Singapore, South Korea, India, Indonesia, Cambodia, Vietnam, Nepal, Philippines, UK and 19 markets in Africa, with ongoing expansion in the US, Canada and Latin America. The company is currently licensed in Hong Kong, Singapore, Indonesia and registered as a money services business in Canada.

About the EMQ

EMQ is a global fintech company that enables businesses of all sizes to efficiently move money and deploy end-to-end financial services from anywhere in the world, leveraging our extensive global network. Through continuous innovation, we provide a flexible payment infrastructure with increased speed, transparency and certainty – vital requirements in an ever-active digital economy. Our API-powered platform makes it easy for businesses across all industries to manage all cross-border transactions and integrate financial services into your product offerings.