Alibaba International Station increases overseas investment and reaches cooperation with global payment giant MasterCard

Recently, Alibaba International Station held the 2024 CoCreate Summit in the United States, announcing on the spot that it had reached a cooperation with global payment giant Mastercard to launch the first B2B e-commerce platform co-branded business credit card for the U.S. market.

It is reported that the co-branded business credit card launched this time will provide cross-border purchasing companies with benefits including 3% cash back, 60- day payment period, purchase discounts, freight discounts, delayed refunds and credit guarantees. It may effectively increase the purchasing scale of overseas buyers, establish mutual trust among buyers, sellers and platforms, and thus help Chinese merchants receive more foreign trade orders.

"When purchasing across borders, small and medium-sized enterprises often need a reliable and simple platform to help them deal with any funding-related issues." Zhang Kuo, president of Alibaba International Station, said that through cooperation with global payment companies such as Mastercard, cross-border transactions on Alibaba International Station, whether it is US$ 10 or US$1 million, every transaction is credit guaranteed; whether payment is made by bank card, digital wallet, or bank transfer, the funds will be credited within 2 hours at the fastest .

This is the second consecutive year that Alibaba International Station has held a global buyers conference in the United States, which has aroused enthusiastic response. In addition to the more than 2,000 on-site audiences, there are as many as 10.75 million global buyers watching online .

(Photo: Alibaba International Station held the 2024 CoCreate Summit in the United States)

"By hosting the CoCreate Summit and cooperating with Mastercard, Alibaba International Station has made big moves overseas this year to continuously increase the platform's popularity overseas. For us merchants, this actually helps us attract more overseas buyers to come and make purchases. " A merchant who went to the CoCreate Summit with Alibaba International Station said that the order volume of the "September Procurement Festival" held simultaneously far exceeded expectations, and all employees are accepting orders.

The reporter also observed that this year is a big year for Ali International Station's overseas investment. In July and August this year, as the top partner of the Olympics, Ali International Station's overseas investment was fully launched with the help of the Paris Olympics, and advertisements were spread all over the airports, subways, and streets in Paris. It was also officially announced that French basketball superstar Tony Parker, who has won four NBA championships , will become the brand spokesperson, and Ali International Station will be promoted with his influence in the global market and business community. According to statistics, before the opening of the Olympics, Chinese merchants on Ali International Station had earned more than 7 billion. In June of this year, Ali International Station officially announced that it would become the official B2B e-commerce partner of the 2024 European Cup , helping Chinese foreign trade merchants expand their business opportunities in the European market.

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