小商品城：“义支付”上半年跨境收款达25.8亿美元

Core Insights - "义支付" has achieved a cross-border payment amount of 2.58 billion USD by the end of June 2023, representing a year-on-year growth of 47% [1] - The platform supports 26 mainstream currencies and operates in over 170 countries and regions, facilitating the transition of Yiwu from "buying globally" to "paying globally" [1] - The acquisition of the internet payment license has significantly benefited small commodity businesses in Yiwu, enhancing their operational efficiency and reducing costs [2] Group 1 - "义支付" has opened over 20,000 cross-border RMB accounts and processed over 8.5 billion RMB in cross-border RMB payment transactions in its first complete accounting year under the management of 小商品城 [3] - In 2024, "义支付" achieved a total cross-border collection of over 4 billion USD, a year-on-year increase of 233%, with a net profit of 61.04 million RMB, up 274.67% [3] - The platform has launched several product upgrades and convenience services based on user demand and is actively collaborating with banks to support local collection accounts in Africa [3] Group 2 - "义支付" has established partnerships with multiple foreign banks and domestic banks like Bank of China and Minsheng Bank to enhance its cross-border settlement capabilities [1] - The platform allows businesses to receive payments in their local currencies, such as Japanese Yen, and choose the optimal timing for currency exchange, thus reducing operational complexity and exchange costs [2] - The development of "义支付" is part of a broader strategy to create a financial service ecosystem that includes internet payment, credit, and factoring licenses [2]