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XTransfer and EBANX Partner to Facilitate B2B Trade Payments in Latin America

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Through the collaboration with EBANX, XTransfer offers the preferred local payment methods from Latin America to businesses worldwide exporting to the region. Cash-based vouchers, electronic transfers, and Pix, the instant payments in Brazil, are among the options

SHANGHAI and CURITIBA, Brazil, July 23, 2024 /PRNewswire/ — XTransfer, China’s top B2B cross-border trade payment platform, and EBANX, the leading payment platform connecting global companies with customers in Latin America, Africa, and Asia, announced a strategic partnership aimed at streamlining B2B trade payments in Latin America. This collaboration will empower XTransfer’s clients – small and medium-sized enterprises (SMEs) worldwide working with imports and exports – to navigate LatAm’s digital economy with greater ease and efficiency.

While consumer payments are fairly digitized and easy to use, most companies and entrepreneurs in rising markets rely on complex, time-consuming, and non-digital payments. Typical B2B payments take up to 14 days to be confirmed and involve up to six intermediaries, often with low visibility and high fees, according to EBANX’s annual study, Beyond Borders 2024.

Latin America has rapidly emerged as a powerhouse in the digital economy, with a burgeoning market ripe for innovation in B2B payments. With an increasing percentage of businesses purchasing online (e.g. 64% in Brazil and 85% in Colombia, according to OECD and UNCTAD), there is a significant opportunity to streamline processes and enhance the efficiency of cross-border transactions. EBANX, renowned for its robust payment solutions and deep market expertise, is at the forefront of this evolution, poised to transform B2B payments in the region.

Through this partnership, EBANX processes payments for XTransfer in five key Latin American markets, Brazil, Chile, Colombia, Mexico, and Peru, with all controls necessary in a robust and secure platform, focusing on alternative payment methods (APMs) like electronic transfers and bank transfers, e-wallets, cash-based vouchers, and the Brazilian instant payment Pix.

The offer is completely aligned with the preferences in Latin America: internal data of EBANX show that more than 75% of B2B transactions in the EBANX platform are paid with alternative payments (other than cards). This collaboration leverages EBANX’s expertise in local payment methods to provide XTransfer’s clients who sell to Latin America with seamless and efficient payment solutions. This enables businesses worldwide to engage in cross-border trade with confidence in the LatAm region.

“We are thrilled to partner with XTransfer, expand our footprint in the APAC region, and support them in their acceleration in Latin America,” said Wei Duan, VP of APAC at EBANX. “This partnership marks a significant milestone for both companies, and we are excited about the potential of the LatAm market for global digital merchants. Together, we can offer unparalleled payment solutions that cater to the unique needs of exporters and importers in this dynamic region.”

Eduardo de Abreu, VP of Product at EBANX, added, “Business-to-business payments represent the next frontier for fintechs, and EBANX is once again at the forefront, investing in solutions that meet the demands of this segment. The importance of alternative payments for B2B transactions cannot be overstated, and we are committed to providing innovative and intuitive financial tools for businesses.”

Alice Yao, Co-Founder and CRO of XTransfer, commented, “The Latin American market is crucial to our global expansion and growth plans. Partnering with a leading local payments institution like EBANX allows us to navigate the complexities of the region’s payment landscape with ease. EBANX’s deep understanding of local payment methods and their robust infrastructure will enable us to better serve our clients and drive growth in this key market.”

By cooperating with well-known multinational banks like JP Morgan, Deutsche Bank, DBS and outstanding payments institutions in emerging markets like EBANX, XTransfer has delivered secure and user-friendly cross-border financial services to SMEs on a global scale. Meanwhile, XTransfer has built a unified global multi-currency clearing network and a data-based, automated, internet-based, and intelligent anti-money laundering risk control infrastructure centered on SMEs. “XTransfer uses technology as a bridge to link large financial institutions and SMEs around the world, allowing SMEs to enjoy the same level of cross-border financial services as large multinational corporations,” Alice added.

ABOUT XTRANSFER

XTransfer, World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, is dedicated to providing SMEs with secure, compliant, fast, convenient and low-cost foreign trade payment & fund collection solutions, significantly reducing the cost of global expansion and enhancing global competitiveness. Founded in 2017, the company is headquartered in Shanghai and has branches in Hong Kong SAR, the United Kingdom, the Netherlands, the United States, Canada, Japan, Australia, and Singapore. XTransfer has obtained local payment licenses in Hong Kong, the United Kingdom, the United States, Canada, and Australia. With more than 450,000 enterprise clients, XTransfer has become the industry No.1 in China.

XTransfer completed its Series D financing in September 2021 and achieved unicorn status. The Company possesses a diverse composition of international investors, including D1 Capital Partners LP, Telstra Ventures, China Merchants Venture, eWTP Capital, Yunqi Capital, Gaorong Capital, 01VC, MindWorks and Lavender Hill Capital Partners.

For further information, please visit:

Website: https://www.xtransfer.com/
LinkedIn: https://www.linkedin.com/company/xtransfer.cn/

ABOUT EBANX

EBANX is the leading payment platform connecting global companies with customers from the fastest-growing digital markets in the world. The company was founded in 2012 in Brazil with the mission of giving people access to buy in international digital commerce. With powerful proprietary technology and infrastructure, combined with in-depth knowledge of the markets where it operates, EBANX enables global businesses to connect with hundreds of payment methods in different countries in Latin America, Africa, and Asia. EBANX goes beyond payments, increasing sales, and fostering seamless purchase experiences for businesses and clients.

For further information, please visit:

Website: https://www.ebanx.com/en/
LinkedIn: https://www.linkedin.com/company/ebanx/

Media Contact: Shan Huang
shan.huang@ahgstrategies.com 

View original content:https://www.prnewswire.com/apac/news-releases/xtransfer-and-ebanx-partner-to-facilitate-b2b-trade-payments-in-latin-america-302202483.html

SOURCE EBANX PTE. Ltd.

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O’Fallon (MO) Police Department Revolutionizes Public Safety with Cutting-Edge Technology with Caliber Public Safety

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November 17, 2024

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O’Fallon (MO) Police Department is enhancing public safety by adopting Caliber’s public safety software suite, positioning itself as a leader in modern public safety technology.

WINSTON-SALEM, N.C., Nov. 17, 2024 /PRNewswire-PRWeb/ — O’Fallon, MO – The O’Fallon Police Department is proud to announce its partnership with Caliber Public Safety, integrating state-of-the-art Computer-Aided Dispatch (CAD), Records Management System (RMS), and Mobile solutions to enhance public safety and law enforcement operations.

“We’re honored to partner with the O’Fallon Police Department in their innovative approach to public safety, empowering their mission to boost efficiency and protect their community,” said Chris Faircloth, VP of Sales and Marketing for Caliber Public Safety.

This significant upgrade reinforces the department’s commitment to modernizing public safety, ensuring the protection and well-being of O’Fallon’s 94,000+ residents. The integration of Caliber’s innovative technologies optimizes dispatch and response operations, facilitating faster reaction times and more effective data management.

“We are excited to leverage these cutting-edge tools to serve our community more efficiently and effectively,” said Chief Frank Mininni. “This technological leap ensures our teams can react faster and manage critical data more effectively, creating a more secure environment for everyone.”

Key benefits of the upgrade include:

Enhanced efficiency through seamless integration of CAD, Mobile, and RMS technologiesImproved data sharing capabilities, connecting local, regional, state, and national agenciesIncreased situational awareness for first responders through real-time access to critical information

The O’Fallon Police Department’s investment in Caliber Public Safety’s solutions was made possible by the “Use Tax” approved by voters in 2019. This tax enables the department to stay current with evolving technology, ensuring transparency and effective use of taxpayer money.

“We are honored to partner with the O’Fallon Police Department in their forward-thinking approach to public safety,” said Chris Faircloth, Vice President of Sales and Marketing for Caliber Public Safety. “Together, we are empowering their mission to enhance operational efficiency and safeguard the people they serve.”

About the O’Fallon Police Department:

The O’Fallon Police Department serves over 94,000 residents with a team of 100+ sworn officers, consistently ranking among America’s “Best Places to Live” and “Safest Cities.”

About Caliber Public Safety:

Caliber Public Safety provides innovative solutions to over 1,000 public safety agencies across North America, focusing on data-sharing and interoperability.

Media Contact

Chris Faircloth, Caliber Public Safety, 1-800-274-2911, info@caliberpublicsafety.com, https://caliberpublicsafety.com/

View original content:https://www.prweb.com/releases/ofallon-mo-police-department-revolutionizes-public-safety-with-cutting-edge-technology-with-caliber-public-safety-302307052.html

SOURCE Caliber Public Safety; Caliber Public Safety

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GAC Group Showcases New Energy Vehicles and Unveils “Panyu Action” at the 22nd Guangzhou International Auto Show

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November 17, 2024

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GUANGZHOU, China, Nov. 17, 2024 /PRNewswire/ — On November 15, at the 22nd Guangzhou International Auto Show, GAC’s self-owned brands unveiled three groundbreaking models. Alongside these vehicle debuts, GAC Group introduced its three-year strategic initiative – “Panyu Action” – which aims to increase the share of self-owned brands to over 60% of total group sales by 2027, targeting 2 million units in sales.

Designed to drive GAC Group’s transformation, “Panyu Action” is expected to enhance operational efficiency and position the company for sustained high-quality development. This strategic initiative is expected to help GAC strengthen its leadership within both domestic and international automotive markets.

Feng Xingya, President of GAC Group, stated, “GAC Group has taken a solid step forward in its new phase of transformation. We will forge ahead with determination and live up to expectations, presenting an all-new GAC to everyone over the next three years!”

In line with its vision, GAC Group has invested over 50 billion yuan in independent research and development. The company plans to invest an additional 50 billion yuan in the next three years to support its “Panyu Action” initiative, reinforcing its commitment to remain at the forefront of technological innovation in the automotive industry.

“Right now, GAC’s global expansion is entering a new phase, with vehicle exports and local production moving forward together,” said Wei Haigang, President of GAC International. ” We will continue to expand international markets, with plans to reach 100 countries and regions by 2027, and export 500,000 vehicles.”

As part of its growth strategy, GAC Group unveiled three standout models at this year’s auto show: the S7, GAC’s first advanced intelligent vehicle, featuring AI-driven ambient lighting with eight preset expressions for personalized interaction; the Aion UT, the third global strategic model from Aion, with bold headlights and a hatchback design that embodies a unique, free-spirited style; and the HYPTEC HL, GAC’s luxury intelligent flagship SUV, which combines yacht-style wraparound design with zero-gravity seats for an unmatched luxury electric driving experience.

These new models highlight GAC Group’s dedication to leading the smart electric vehicle market, with plans for their introduction to international markets as part of the company’s ongoing global expansion strategy.

Looking ahead, GAC Group remains committed to delivering better products, services, and experiences to consumers worldwide, enhancing mobility solutions and enriching the lives of customers across the globe.

SOURCE GAC

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Unmissable Black Friday Deals on Telegram Signal Copier: Significant Savings on Services, Trading Tools, and Exclusive Offers for Traders

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2 hours ago

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November 17, 2024

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As part of the Black Friday season, Telegram Signal Copier is offering traders exclusive discounts on services and advanced trading tools to support their strategies and enhance trading performance.

COVENT GARDEN, London, Nov. 17, 2024 /PRNewswire-PRWeb/ — Telegram Signal Copier (TSC), the most popular signal copier tool, is thrilled to announce exclusive discounts on a range of services and innovative trading tools designed to enhance trading strategies and improve overall performance for traders at every level.

A company spokesperson stated, “Our Black Friday specials offer significant savings, giving both new and experienced traders access to expert signals and tools. We’re confident these resources will empower users to make informed trading decisions and reach their financial goals.”

The Black Friday offers, originally scheduled for November 24 to November 30, are already live, providing traders with an exclusive early opportunity to access significant discounts. This early launch marks a unique chance for both novice and seasoned traders to refine their strategies and enhance their trading performance with major savings.

As part of this Black Friday season, Telegram Signal Copier is inviting traders to explore its specially curated packages that combine access to powerful trading tools and customized support services at a fraction of the cost. This limited-time event offers exclusive deals to support traders at every level, providing access to premium features that elevate trading strategies and outcomes.

This time TSC has also added an amazing feature that supports image signal copying, allowing traders to seamlessly replicate signals from image-based formats. Now this latest feature broadens the range of signals traders can access, providing greater flexibility and precision.

TSC Black Friday Offers Package 2024:

The Black Friday specials, available for a short window, will feature substantial savings across a wide range of offerings. Here’s a brief overview of the exceptional packages:

TSC Starter: Perfect for beginners interested in exploring the trading world with ease, TSC Starter offers essential tools and insights that simplify complex trading decisions, allowing new traders to start confidently.TSC Pro: This package is tailored for traders with some experience who want to deepen their strategies. With access to advanced tools, Pro users can gain deeper market insights to enhance trading outcomes.TSC Advance: The Advance package is the ultimate trading companion for experienced traders who demand the highest-quality tools and signals to support sophisticated trading strategies. It offers in-depth analyses, real-time insights, and expert-driven strategies designed to help maximize profits and minimize risks.

Whether you are an experienced trader or just beginning your trading journey, these deals are tailored to ensure you can benefit from expert signals and cutting-edge tools to enhance your trading performance. The Black Friday savings are not merely discounts.

So, traders are encouraged to mark their calendars for this exceptional Black Friday event and prepare to take advantage of TSC’s powerful trading solutions. This limited-time sale will allow traders to harness cutting-edge trading technology to optimize their strategies, making it a perfect time to elevate trading capabilities without the usual costs.

About Telegram Signal Copier:

Telegram Signal Copier is an acclaimed signal-copying tool in the trading community, enabling users to replicate expert trading signals directly in their accounts. Known for its intuitive interface, commitment to delivering accurate, timely market insights, and now its new image signal copying feature, TSC has established itself as an invaluable resource for traders seeking to elevate their trading experience. With a mission to provide accessible, top-tier trading resources, TSC empowers its users to thrive in the fast-paced world of Forex trading.

Media Contact

Nazrul Islam, Telegram Signal Copier, 44 2079461234, support@telegramsignalcopier.com, https://telegramsignalcopier.com/

View original content to download multimedia:https://www.prweb.com/releases/unmissable-black-friday-deals-on-telegram-signal-copier-significant-savings-on-services-trading-tools-and-exclusive-offers-for-traders-302306754.html

SOURCE Telegram Signal Copier

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