PhotonPay Launches Collection Services for SHEIN
Product Update | 2024-12-17 11:12:00
In today’s fast-evolving e-commerce landscape, SHEIN has emerged as one of the most influential platforms globally. With a presence in over 150 countries and a rapidly expanding seller network, SHEIN provides unprecedented opportunities for sellers to scale their businesses internationally. However, managing payments across markets remains a challenge, often complicated by delays, high fees, and inefficient fund flows.
PhotonPay, a digital financial infrastructure provider, launches a new collection service for SHEIN. This update collection solution is designed to streamline payment processes, enhance cash flow, and support sellers in operating efficiently across the world.
For sellers on SHEIN, maintaining a steady cash flow and minimizing payment bottlenecks are crucial for success. PhotonPay’s collection service solves these pain points by:
Open an account in minutes
Setting up global accounts can be challenging, often involving extensive paperwork, complex processes, and lengthy approval times. PhotonPay simplifies this with a fully online account opening service, enabling businesses to start transacting efficiently—sometimes within the same day.
For SHEIN sellers, PhotonPay ensures a smooth and reliable payment process with swift, secure fund transfers. This allows sellers to maintain consistent cash flow, reduce operational hurdles, and focus on scaling their business with ease.
Local Currency Collections
PhotonPay supports direct local currency collections across key regions, including the US, UK, EU, Hong Kong, Japan, Indonesia, and Mexico. By bypassing intermediary fees and delays, businesses can accelerate cash flow and simplify global fund management effortlessly.
Access banking-beating rates
PhotonPay offers a seamless, one-stop currency settlement service, available 24/7 with no delays—even on weekends and holidays. Transparent rates and zero hidden losses ensure enterprises can maximize their profit margins and enhance operational efficiency. With a simple, hassle-free process, businesses can settle funds quickly and efficiently.
Secure and Compliant
PhotonPay has applied and obtained payment licenses or permits from Hong Kong, China, the United States, Canada, the United Kingdom, Poland and other countries, and has collaborated with top-tier banks and global financial institutions.
With a robust risk control system and a high-standard compliance team, PhotonPay adheres to global risk management standards, delivering secure, compliant, and reliable collection services for global businesses.
A Smarter Way to Scale with PhotonPay
PhotonPay’s collection service is more than a tool—it’s a growth enabler. By simplifying payments, cutting costs, and ensuring fast, secure transfers, PhotonPay empowers SHEIN sellers to focus on what matters most: growing their businesses, enhancing customer satisfaction, and seizing global opportunities. As e-commerce continues to break borders, PhotonPay remains committed to providing innovative financial solutions that keep sellers ahead of the curve.
About PhotonPay
Founded in 2015, PhotonPay is a digital financial infrastructure provider offering global payment solutions to businesses. Our innovative core products include Global Accounts, Card Issuing, Online Payments, Payouts, FX Management and Embedded Finance. PhotonPay has become a Mastercard issuer in Hong Kong and the fintech card issuer in the Greater China region of Discover® Global Network.
With a strong compliance culture and technological innovation capabilities, PhotonPay is building a digital payment network to take the friction out of global payments and enhance operational efficiency for businesses operating on a global scale.
Headquarters in Hong Kong and providing localized services through nine international offices, PhotonPay partners with a network of top-tier banks and global financial institutions and serves more than 200,000 enterprises globally.
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To launch Mastercard Commercial Credit Card to help businesses better navigate market volatility
Company News |
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PhotonPay Partners with Coshine for Issuer Processing
PhotonPay, an innovative digital financial infrastructure service provider, has announced a strategic partnership with Coshine to optimize the capability of Photon Card through its issuer processing services.
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