Cross-Border Payment Of Capital Freeze Is Expected To "Ice Breaking"

China's cross-border payment industry is still in its early stage, and there are many barriers in the development process.

All along, cross-border payment channels are in the hands of foreign financial companies, such as Visa and Master, which have become a "stumbling block" for the development of cross-border electricity providers. The cross-border electricity providers have been blocked by foreign financial channels for various reasons.

Pay for the pain in pain.

Capital freeze is hard to solve, and cross-border payments urgently need new breakthroughs.

It is understood that China's cross-border electricity providers almost all encountered various degrees of account capital freeze because of various reasons. These cross-border electricity providers have to pay their own money to fill the capital gap to maintain the operation of the enterprises.

However, after all, it is not a long-term solution. If enterprises can not get away from the gap in a short time, they will greatly affect the strategic development of enterprises.

Can China's cross-border electricity suppliers find a new way to avoid encountering "

What is the dilemma?

Bitcoin payment channel is expected to break the ice cross-border payment dilemma

"The use of bitcoin payment channels can effectively avoid.

The "freezing of funds" is the result of years of testing and user feedback.

Xu Yiji, co-founder of China's first bitcoin cross border payment platform, Blockpay, answers questions when he asks questions.

"We have studied the cross-border payment industry for several years, and designed Blockpay for the problems of" capital freeze, high fees and long accounts "in cross-border payment.

This is China's first cross border payment platform for cross-border e-commerce enterprises.

It is understood that the cross-border payment of bitcoin has the characteristics of centralization. There is no central server intervention of the third party financial institutions. No one can revoke or freeze payment after the payment is generated.

This can effectively avoid the freezing of user funds and substantially reduce the risk of cross-border electricity supplier funds.

Bitcoin cross-border payment can also effectively avoid credit card fraud.

Since bitcoin cross-border payment is based on the point to point payment method, the seller will only generate orders and arrange delivery after receiving bitcoin remittance.

In addition, bitcoin payment also has many advantages to excite cross-border electric providers.

Such as:

Low commission.

Sending a bitcoin, regardless of the size, only costs 0.0001 bitcoins, or 0.3 yuan, which is much more cost-effective than using other currencies.

Instant arrival.

Bitcoin payment can achieve instant arrival.

Other payment methods take 1-3 days or even 7 days to arrive, and the withdrawal period is shortened from 5-7 days to 2-3 days.

Without borders, global business is integrated.

Internet sites can send and receive bitcoins. As long as trading sites support bitcoin payments, zero barrier and no border payments can be achieved.

There is no upper limit on pfer amount.

With each payment of about 0.3 yuan, bitcoin is almost the most popular way to pfer money.

Free from any organization or enterprise control.

As long as the Internet exists, bitcoin will not be shut down or shut down.

"BlockPay sellers sell their fees to buyers, while buyers use the same currency to purchase without currency exchange and foreign exchange controls.

This is not only convenient for sellers, but also for buyers. "

Xu Yiji said.