What is PayTrades? PayTrades Review, Features

The PayTrades brand belongs to Yunshang Shuhui (Guangzhou) Network Technology Co., Ltd., a company dedicated to providing fast, secure, one-stop payment and settlement services to small and medium-sized foreign trade companies.

About PayTrades

PayTrades takes technology as its core, connects global banks and financial institutions, and builds a multi-currency unified clearing network with an intelligent risk control system, helping small and medium-sized foreign trade companies to easily collect global payments, with unlimited transparent foreign exchange settlement and no risk of account freezing. The company strictly follows international and domestic financial regulatory requirements, has a complete risk control and compliance system, comprehensively guarantees the safety and compliance of customer transaction processes, and continues to provide small and medium-sized foreign trade companies with better cross-border financial services to achieve mutual benefit and win-win results.

Products and Services

One-stop service for foreign trade payment collection, solving the global payment collection and collection problems of small and medium-sized foreign trade enterprises

1. Global receiving bank accounts, opened within 24 hours

Open an account easily without any threshold:

• Foreign trade enterprises, individual SOHO and Hong Kong companies can apply
• You can apply even if you don't have an offshore company

Cooperation with internationally renowned banks:

• Global collection account with the same name as the company
• Local payment accounts in Europe and America
• Global secure and compliant payment collection
• Supports mainstream international currencies (US dollar, British pound, euro)

2. Easily exchange onshore RMB, flexibly exchange, and know the exchange rate at your fingertips

Real-time multi-currency exchange:

• Real-time offshore RMB exchange
• 0 exchange loss, unlimited exchange settlement
• Avoid exchange rate fluctuation risks in a timely manner

1:1 exchange rate between offshore and onshore RMB:

• Compliance declaration, transparent cross-border
• The information meets the requirements and 100% of the foreign exchange can be settled across borders
• 1:1 exchange, no exchange loss
• 24-hour fast domestic arrival

3. Withdraw RMB freely and enjoy the pleasure of withdrawing cash quickly with one click

Multiple withdrawal accounts can be bound:

• Supports legal person cards, personal cards, company accounts, and supplier accounts, which must be business related
• Material review has been pre-placed, 100% withdrawal success

No need to worry about your account being frozen in China:

• Licensed payment institution, regulated by the state
• Strict risk control management to ensure fund security
• Sunshine foreign exchange settlement, no risk of suspension or freezing of accounts

Safety and Compliance

1. Enterprise qualifications

Hong Kong MSO financial license, with an extensive global cooperative banking network and business covering more than 100 countries and regions.

2. Regulatory compliance

PayTrades has established and implemented strict internal control systems and processes, and conducts identity authentication and due diligence on customers in accordance with international compliance, anti-money laundering and anti-terrorist financing standards. At the same time, it uses strict transaction monitoring measures to prevent all kinds of financial crimes.

3. Fund security

PayTrades has adopted strict fund security measures to safeguard users' funds. Customer funds are doubly protected by financial regulatory authorities and banks in various countries. 100% of domestic funds are processed by payment institutions holding third-party payment licenses and cross-border payment licenses.

4. Transaction security

All fund operations are strictly carried out in accordance with the instructions of the customer. The bank can only operate the account funds and transfer them to the bank account designated by the customer after receiving the authorization and direct instructions from the customer. PayTrades' security protection will ensure the authenticity of the user's authorization, and any abnormal situation will be identified and blocked by PayTrades in a timely manner.

5. Privacy and security

The user's information and privacy are protected by PayTrades' privacy and security policy. PayTrades strictly fulfills its responsibilities and obligations in accordance with the corresponding terms. PayTrades will never disclose the user's information to unrelated third parties without the user's authorization.

6. System security

All information is stored in our secure server. PayTrades has established a complete secure trading system based on high industry standards. The access rights to data are strictly physically controlled, and multiple data backup solutions are used to ensure the security of customer data.

Advantages

1. Ultra-safe

Hong Kong MSO license, safe funds in bank custody; legal and compliant cross-border declaration, transparent foreign exchange settlement; not subject to the US$50,000 foreign exchange settlement limit; 0 account freezing risk.

2. Super fast

Open an account in 1 working day and receive funds within 24 hours.

3. Super convenient

No running around, online application intelligent mode; local caring service, 7*16 hours response; one-to-one accompaniment plan for new customers.

PayTrades Corporate Culture

mission

Provide bank-level cross-border payment and settlement services for small and medium-sized foreign trade enterprises.

Values

Customer success, entrepreneurship and innovation, integrity and pragmatism.

Vision

Become the most trusted service platform for cross-border transaction settlement for small and medium-sized foreign trade enterprises around the world.