Wanlihui upgrades its "three-piece package for going global" to allow sellers to open an account in 1 minute and receive payments from 120 platforms

The 135th Canton Fair, which just closed last Sunday, hit a new high, with offline export transactions of US$24.7 billion and online platform export transactions of US$3.03 billion, up 10.7% and 33.1% respectively from the previous session. How to take advantage of the situation and win the upcoming mid-year order-grabbing battle? On May 8 , the international mainstream cross-border payment platform WorldFirst held the "2 024 Ecological Open Conference" in Shenzhen, attracting more than 1,000 overseas merchants and ecological partners from home and abroad.

Shi Wenyi, CEO of Ant International Wanlihui, announced at the meeting that the "three-piece overseas service" for cross-border sellers will be upgraded to make it easier for Chinese merchants to expand their business, management and finance overseas. At the same time , the " Universal Gravitation Plan" was launched to unite ecological forces to help more micro-multinational companies grow into cross-border giants.

"Overseas Package" upgrade to respond to sellers' needs

According to the new data released by Wanlihui at the meeting: In the first quarter of 2024, the number of Chinese merchants using Wanlihui to expand overseas business increased by 56 % year-on-year ; the number of sellers who do not put all their eggs in one basket and operate more than two platforms at the same time increased by 29 % year-on-year; the number of sellers who do not follow the trend and take the branding path also increased by 145 % year-on-year. In addition, from the perspective of regional distribution: the Pearl River Delta is still the well-deserved first base for China's foreign trade exports. In the first quarter, the amount of receipts from Guangdong on the Wanlihui platform increased by 40 % year-on-year, and Guangdong continued to lead the national market; Shenzhen ranked first in the proportion of new and active users , and the amount of receipts in the first quarter increased by more than 50% year-on-year .

"When Chinese sellers go overseas and start seeking branding, diversification, and localization, they need a set of cross-border financial payment tools to help them 'manage their accounts' and 'activate their business'!" Shi Wenyi pointed out that under the fierce external situation and competition, Chinese merchants going overseas can now achieve worry-free business development, management, and finance with one account. To this end, compared with the "Overseas Package" 1.0 version first launched at the Bund Conference in 2023, Wanlihui launched the "Overseas Package" 2.0 version at this Ecological Conference: the upgraded version will allow merchants going overseas to sail faster and more vigorously, and the fastest time to open an account in the world is 1 minute, and the countries and regions covered have also been upgraded from the original 43 to the current more than 200 .

The payment currencies and services that merchants are most concerned about have also been fully upgraded. For example, the payment currencies have increased from 14 to more than 30 , of which 80% support T+0 arrival; the payment currencies have also increased from 41 to more than 100 , of which 90% support T+0 arrival, and support RMB settlement arrival.

When going overseas, Chinese merchants can also enjoy cross-account, cross-entity, account authority customization and other services that were previously only available to multinational companies, solving the management, approval, and operation between the main account and the subsidiary account, as well as the account management of global business partners, suppliers and other upstream and downstream. In this process, in the face of real-time exchange rate fluctuations, Wanlihui's exchange rate service can also achieve transparent exchange rates and zero exchange losses.

The “Universal Gravitation Plan” brings together more ecological service providers

" When doing foreign trade, you can't be afraid of the ever-changing global market, because by making full use of digital services, you can respond quickly and become a veteran fisherman! " said Hu Xiongfei, deputy general manager of Shenzhen New Huanya Technology . With the help of overseas warehouses in Southeast Asia , New Huanya sells auto parts, home furnishings, and outdoor products from the Pearl River Delta , Yangtze River Delta and other regions to Southeast Asia through multiple cross-border e-commerce platforms . While screening out popular items and incubating brands , it has doubled its performance . Behind this, it is inseparable from a handy cross-border payment tool . Hu Xiongfei frankly said that the most critical thing for foreign trade exports is the flow of funds. What to pay depends on multiple dimensions such as rates, timeliness , exchange rate differences and brand reputation . "We believe in the platform reputation of Ant's Wanlihui . In fact, one set of accounts can be used to sell globally , and the payment can be collected quickly, safely and in compliance with regulations , which greatly improves our export efficiency . "

New Huanya is just a microcosm. There are many Chinese micro-multinational companies that use digital services to go overseas. Despite continued global inflation, geopolitical turmoil, and weak overseas demand, a new globalization cycle is underway, and Chinese sellers are going overseas at a speed that has not stopped. During this year's Canton Fair, for example, WorldTrade , a new product launched by Wanlihui for foreign trade merchants , can support payments from six major card groups and Wanlihui's account payments with the help of security risk control and intelligent fulfillment technology. Traditional foreign trade merchants can quickly achieve seamless connection between business flow and capital flow after using it. At the same time, it can increase order payment efficiency by 10 times and reduce payment costs by more than 30 % . Less than two weeks after the product was launched, it has attracted foreign trade buyers from 33 countries to do business with Chinese merchants.

In the digital age, it is an irresistible trend for technology to continuously lower the threshold of global trade, and every small and medium-sized enterprise has the right to enjoy the dividends of global digital trade. According to Shi Wenyi, in the future, Wanlihui will also launch two new products, Wanli Payment Card and APP. In addition to upgrading products and services, it will also invest 100 million yuan to build a full-link ecological service "Universal Gravitation Plan", gather more than 100 core ecological service providers to form a cluster effect , and accumulate internal and external strength to help export companies achieve business growth .

" Technology-driven digital capabilities are gradually becoming the core competitiveness of global companies to win. " As one of the partners of the ecological alliance, Feishu Shenno founder and CEO Shen Chengang said that Feishu Shenno actively responded to the "Universal Gravitation" plan initiated by Wanlihui , and will work with upstream and downstream overseas ecological partners to provide more practical help, and work together to help more small and medium-sized enterprises set sail for the global market.

Wanlihui

Going to sea

Seller