当欧美市场深陷内卷的泥潭、东南亚的竞争趋于白热化之际，拉美地区正以令人瞩目的速度崛起，成为 全球外贸的新亮点。这片涵盖南美洲、中美洲以及加勒比海地区的广阔市场，拥有6.6亿人口的庞大基 数，目前正经历着一场由人口红利、数字技术革新以及政策激励共同推动的"消费大爆炸"。 在这一趋势下，PingPong作为全球领先的跨境支付服务提供商，凭借其卓越的技术实力、合规体系与本 地化服务能力，已成为众多外贸企业开拓拉美市场的首选金融伙伴。通过深入洞察拉美市场的支付习 惯、货币体系与监管要求，PingPong为跨境卖家量身打造了安全、高效、便捷的收款解决方案，全面赋 能企业深耕这片潜力巨大的市场。 凭借着与花旗银行、摩根大通等金融机构，亚马逊、沃尔玛等200+大学电商平台以及VISA、 MasterCard等国际发卡组织的深度合作，PingPong成功组建起了一张可支持200多个国家和地区内惊喜 全球支付服务网络，斌满足企业在40多个国家诶惊喜本地本币收付。同时依托于全球500多家不同类型 的上下游生态服务商的合作，可经一步帮助企业加速本土化战略落地，降低跨境经验成本，打开全球商 业增长空间。 安全是跨境支付的生命线。Pi ...

目前，PingPong集团已构建起了一张业务覆盖200多个国家和地区，可服务于中小企业、科技平台、大 型品牌和机构等全球展业的支付网络。同时，坚持自研自建全球支付底层科技系统，并将人工智能、大 数据挖掘、复杂系统建模等前沿技术应用到了跨境支付服务场景中，实现了支付服务体系的高效运营和 安全稳定。 经济观察网 10月9日，中国香港特区政府引进重点企业办公室举行"重点企业签约仪式"，欢迎新一批重 点企业在香港落户及拓展业务。PingPong集团旗下专注人工智能、WEB3等新兴技术研究和应用的子公 司"乒乓智汇科技有限公司"（下称"乒乓智汇"）正式成为中国香港特区政府"重点企业伙伴"。此次合作 也标志着香港政府对PingPong集团及乒乓智汇在服务全球数字贸易能力、跨境支付前沿技术创新和应用 方面的认可。 ...

9月26日，以"跨境聚力，数链全球"为主题的世界互联网大会跨境电商国际研讨会在深圳隆重举行。会 议邀请了来自多个国家和地区的政府官员、知名专家学者、企业领军人士，围绕跨境电商国际规则、数 字技术应用成果、生态共建等议题深入交流。作为跨境支付企业代表受邀出席，合伙人罗永龙就"AI时 代下的数字支付底座"主题发表演讲，分享了公司在AI赋能跨境支付领域的创新成果。 随着AI技术的发展，其在跨境电商产业中的应用越来越广泛，从选品优化、智能客服到内容生成，再 到跨境支付，AI正在全面提升行业效率。 依托覆盖全球主要贸易往来区域的合规网络、支付通道以及AI技术应用，在跨境支付结算方面，为非 标零部件企业在境外开设本地账户，支持本地清结算和本币收款，提供成本更优、结算更快的资金通 路，并通过为企业提供覆盖30余个主流交易币种的全球收款账户，帮助企业打破因跨境支付壁垒而限制 业务发展的困境；在授信方面，充分发挥数字化服务商的全球交易数据沉淀优势，并借助与在线贸易供 采对接平台的生态合作，打造AI信用引擎，融合订单流、资金流、履约流等多维数据构建动态智能风 控模型，实时评估风险，并将AI技术应用到算法中，为非标零部件企业提供低 ...

全球跨境支付服务行业丨洞察报告 核心摘要： 全球跨境电商市场持续扩大，货物贸易占比稳步提升，中国跨境电商市场稳居全球跨境电商主力，出口导向 格局持续强化。全球跨境支付市场已进入实时支付、稳定币与数字货币时代，市场规模稳步扩张，小额高频 场景正推动结构重塑。在这样的背景下，跨境第三方支付服务价值得到突显，其中，中国跨境出口第三方收 款服务市场快速扩容。本文重点梳理全球及中国跨境第三方收款服务市场发展情况与竞争格局，阐述服务商 在本地化服务、安全稳定性、场景定制化等方面的关键竞争力，并挖掘当前市场发展机遇。 全球跨境贸易市场宏观数据 全球跨境贸易持续扩张，服务驱动趋势增强，新兴经济体引领增长 2020年至2024年，全球进出口贸易总体呈现稳步回升态势，并逐步迈入结构优化阶段。在总量增速 趋缓的背景下，服务贸易持续展现出更强劲的增长势头，成为驱动全球贸易扩张的核心力量。这反 映出全球产业结构正加速由传统制造导向，向数字服务、知识产权以及金融与科技服务等领域转 型。与此同时，全球区域表现显著分化，亚洲和大洋洲等新兴经济体在全球贸易中的地位持续提 升。相比之下，发达经济体在2024年则整体陷入低速甚至零增长的困境。全球 ...

Company Dynamics - YY Group Holding Limited has signed a strategic cooperation memorandum with Obita to integrate Obita's enterprise-level stablecoin payment infrastructure into YY Group's global flexible employment ecosystem [2] - The collaboration aims to optimize accounts receivable, accounts payable, and financial management processes, reducing cross-border capital flow costs and enhancing overall operational efficiency and profit margins [2] - The initial cross-border investments and domestic subsidiaries' payments to headquarters can utilize stablecoins for more efficient capital allocation [2] User Benefits - Many international students and part-time workers need to remit part of their income back home, facing high fees with frequent remittances; YY Group offers a lower-cost, faster alternative through stablecoin channels [2] - Some part-time workers choose to hold their income in stablecoin form to mitigate the impact of local currency depreciation on their savings, enhancing capital flexibility and risk resistance [2] Leadership Insights - YY Group's CEO Mike Fu emphasized that cross-border payments remain a pressing challenge, and the partnership with Obita will provide quicker, more transparent, and cost-effective settlement options for workers and clients globally [3] - Obita's co-founder and CEO Zhang Dayong highlighted that YY Group represents a scalable, high-frequency, and real transaction entity, showcasing the value of compliant stablecoin infrastructure in this context [3] - The partnership was officially announced at the PayFi Summit during the TOKEN2049 conference, discussing the application prospects of stablecoins in the global labor market and the collaborative approach to drive digital transformation in the industry [3]

Core Viewpoint - The cross-border payment sector is experiencing significant declines, with multiple companies facing substantial stock price drops [1] Company Performance - *ST Dongtong has seen a decline of over 10% in its stock price [1] - Yidian Tianxia's stock has dropped by more than 8% [1] - Sifang Jingchuang's shares have decreased by over 6% [1] - Other companies such as Jingbeifang, Lakala, and Chutianlong are also experiencing downward trends in their stock prices [1]

Core Insights - The cross-border payment sector is experiencing intensified activity, with companies like PayPal, PingPong, and Lakala focusing on localized operations to enhance service efficiency for small and medium-sized merchants in overseas markets [1][4] Group 1: Market Trends - Cross-border merchants prioritize payment services that address "timeliness, security, and cost," amidst challenges posed by a fragmented global payment market [1][2] - The demand for localized payment solutions is increasing, as different regions exhibit distinct payment preferences, such as installment products in Germany and reliance on local channels in Latin America and Southeast Asia [2][3] Group 2: Company Developments - Companies are accelerating their global expansion by obtaining local payment licenses and enhancing service capabilities, as evidenced by recent moves from firms like Huipay, Lakala, and PingPong [3][4] - Lakala reported a 73.5% increase in cross-border payment transaction volume and a 70.4% rise in customer numbers in the first half of the year [4][5] Group 3: AI Integration - AI technology is becoming a critical component in the strategies of payment institutions, with companies like Antom and PayPal integrating AI capabilities to improve service offerings and operational efficiency [6][7] - Approximately 60% to 70% of Chinese customers are now utilizing AI technology in their operations, indicating a significant trend towards AI-assisted decision-making in cross-border commerce [6][7]

Core Insights - The transformation of traditional commerce is driven by continuous innovation and application of digital technologies, with companies embedding AI into their operations becoming the core force of industrial upgrades [2] - As Chinese companies expand globally, the demand for global payment solutions is experiencing explosive growth, marking a shift where payment becomes a competitive advantage rather than just a backend function [2][5] - Stripe, founded in 2010, has a market value of $65 billion and is a leading fintech unicorn in Silicon Valley, capitalizing on the growing needs of Chinese companies going global [2][3] Group 1: Stripe's Growth and Market Position - In 2024, Stripe processed over $1.4 trillion in transaction volume, a 38% year-on-year increase, serving major clients including Amazon, Microsoft, and several Chinese cross-border e-commerce giants [3] - 78% of companies on the 2024 Forbes Global AI 50 list chose to build their businesses on Stripe, with 100% of online payment companies utilizing its services [3] - Companies using Stripe achieved a 36% annual growth rate, significantly higher than the average 5% growth rate of S&P 500 companies [3] Group 2: Stripe's Operations in China - Stripe entered the Chinese market in late 2020 and has since provided support in areas such as tax, payment, compliance, and data insights, leading to steady growth in 2024 [4] - In Q1 2024, China's cross-border e-commerce imports and exports reached 577.6 billion yuan, a 9.6% increase, with exports growing by 14% [4] - The global trade volume increased from $51 trillion in 2018 to $64 trillion in 2022, with a compound annual growth rate of 5.8% [4] Group 3: Challenges and Opportunities in Cross-Border Payments - Merchants engaged in cross-border e-commerce face high account opening thresholds, banking fees, and complex legal and regulatory requirements [5] - Stripe's global payment network allows Chinese companies to avoid separate integrations with local payment providers, significantly reducing development and operational costs [5] - The demand from Chinese companies not only drives Stripe's market growth but also accelerates its investment in the Chinese market [5] Group 4: Future Outlook and Innovations - Stripe aims to enhance the GDP of the internet world, viewing the Chinese market as a key growth engine [8] - In 2024, Asia received $13 billion in AI investments, with over 99% of Chinese companies planning to implement agentic AI within the next 12 months [9] - Stripe predicts that by 2030, 82% of Asian companies will adopt AI-driven sales channels, with 50% expecting at least part of their sales to occur through these new channels [9] Group 5: Stablecoins and Payment Innovations - Over 83% of Chinese companies are familiar with the concept of stablecoins, indicating their potential to optimize cross-border payment efficiency and reduce costs [10] - Stripe's acquisition of stablecoin platform Bridge for $1.1 billion marks its largest acquisition to date, enabling it to process stablecoin payments from over 120 countries [11] - Stripe is actively expanding its services to meet the growing demand from Chinese companies in AI and other emerging industries [10][12]

Core Insights - The article emphasizes the continuous release of favorable policies to boost inbound consumption in China, particularly through the development of international consumption center cities and supportive measures from various government departments [1][4]. Group 1: Policy Initiatives - The Chinese government plans to deepen the construction of international consumption center cities, create international consumption clusters, and optimize payment services to enhance the inbound consumption environment [1][4]. - New measures will be introduced by the Ministry of Commerce and the Ministry of Finance to support inbound consumption, aiming to promote "China Travel" and "China Shopping" [1][4]. Group 2: Market Performance - Data from Beijing Customs indicates a significant increase in tax refund applications, with a 223.98% year-on-year growth in applications and a 92.77% increase in total refund amounts from January to August this year [2][3]. - The number of tax refund stores nationwide has exceeded 10,000, tripling the target set for the end of 2024, with a 248% increase in the number of people enjoying tax refunds [3]. Group 3: Future Trends - Experts predict that inbound consumption will evolve from a focus on shopping to a more integrated approach combining travel, culture, and sports, with a shift in consumer preferences towards domestic products and unique services [7]. - The inbound consumption market is expected to diversify, with new characteristics such as varied source markets, individualized travel, and a growing influence of cultural factors, enhancing the appeal of products and services infused with Chinese cultural elements [7].

9月25日，在AI热潮下，以数字贸易见长的杭州，迎来了第四届全球数字贸易博览会（以下简称数贸 会）。 今年的展会上，"杭州六小龙"首次齐聚，成为全场焦点。来自国内外的4万余名专业客商汇聚于此，寻 找谁是"第七龙"的同时，他们更好奇，这批数字先锋究竟会如何重塑全球数字贸易格局？ 在15万平方米的展会现场，超1700家参展商携前沿技术、创新产品和重磅首秀亮相。《每日经济新闻》 记者看到，人工智能与丝路电商两大展区尤为火热，它们恰如中国数字贸易发展的双引擎，代表着自主 创新的"内生力"与世界互联的"朋友圈"，正为全球数字经济注入源源不断的新动能。 浙江数字贸易快速发展 与此同时，数贸会也加快推动浙江贸易结构优化升级。过去3年（2022~2024年），浙江省跨境电商进 出口规模年均增长超过20%，许多中小卖家通过网络实现"店开全球"。 今年5月，浙江制定了数字贸易改革创新发展实施方案，明确提出要建设现代化"数字贸易港"，完善以 数贸会为引领，以杭州、宁波、义乌为中心，全省其他城市特色化发展的"1+3+N"总体布局，力争到 2027年，全省数字贸易额达到1万亿元，努力建成全球数字贸易中心。 智能产品精彩纷呈 当前，数字 ...