PayPal launches PayPal Complete Payments in China to support Chinese merchants in selling globally

According to ChainCatcher news from the official website, payment giant PayPal has announced the launch of PayPal Complete Payments in China. This is a secure and efficient integrated platform that combines a range of customized products and solutions to support Chinese merchants in selling globally. The platform simplifies the payment and receivables processes for businesses of all sizes in China, promoting their development in cross-border trade and the digital economy. PayPal will leverage global resources to gradually roll out new features of PayPal Complete Payments, fully supporting cross-border transactions for Chinese enterprises.

It is reported that in terms of payment experience, the platform offers a variety of payment options for overseas buyers, allowing businesses to achieve quick fund transfers and manage their finances more simply and efficiently. Additionally, the platform provides a one-stop cross-border RMB payment solution, which includes "PayPal Cross-Border Receivables" and "PayPal Cross-Border Payments" products, helping PayPal users address the challenges of traditional cross-border receivables processes, which are often cumbersome, lengthy, and costly. Furthermore, in terms of risk management and fraud detection, the platform employs big data, machine learning, and artificial intelligence technologies to reduce risk handling costs, minimize dispute resolution times, and monitor and identify potential fraudulent activities in real-time.