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Brave the Cold: JETOUR T2 Master the Arctic Circle


CHONGQING, CHINA – Media OutReach Newswire – 17 February 2025 – At 70 degrees north latitude in the Arctic Circle, where temperatures plunge to -30°C, the harsh environment provides the ultimate test for vehicle performance. The challenging terrain further intensifies the rigorous test of vehicle features. The Jetour T2 has set a new benchmark for light off-road SUVs with its advanced engineering.

The extreme cold of the Arctic poses a formidable challenge to auto systems, especially when temperatures drop to -30°C. Ensuring steady operation under such conditions is a critical measure of reliability. The JETOUR T2 excelled in these harsh environments, with its showcasing engine reliable operation and rapid startups unaffected by the frigid climate. Key systems, including the power system, electrical system, and thermal circulation system, responded swiftly and operated smoothly, ensuring a seamless driving experience. In extreme cold, the performance of the air conditioning system is particularly crucial. The T2’s air conditioning system effectively heated the cabin, quickly raising the interior temperature to a comfortable level despite the severe conditions, maintaining a warm and cozy environment. Confronting the Arctic’s unforgiving cold, the JETOUR T2 showcased remarkable adaptability.

In the elk test, the icy surface, riddled with potholes and bumps caused by salt and bubbles, created dramatic changes in friction coefficients, making it easy for vehicles to deviate from their intended trajectory. Despite these challenges, the JETOUR T2 maintained exceptional handling performance and stability, thanks to its XWD fully automatic intelligent four-wheel drive system. During driving, if any wheel slips, the system swiftly adjusts, accurately redistributing power to the wheels with traction, ensuring the vehicle continues to move steadily forward. In scenarios where obstacles suddenly appear or the driver executes an emergency maneuver, the 4WD system and differential lock respond instantaneously, optimizing power output and torque distribution. This allows the T2 to maintain stability during high-speed evasive actions, avoiding skidding or losing control. As a result, the T2 achieved outstanding performance even in extreme test conditions, demonstrating remarkable driving stability and control.

In the extreme conditions of the Arctic Circle—characterized by low temperatures, high humidity, and rugged terrain—the JETOUR T2 overcame numerous challenges with its strong power system and XWD technology. It demonstrated reliable driving stability and outstanding off-road capability, excelling in even the harshest environments. This remarkable performance not only highlights the T2’s advanced engineering but also reinforces JETOUR’s confidence and technological strength in its journey toward globalization.

Hashtag: #JETOUR

The issuer is solely responsible for the content of this announcement.

DeriW: A Zero-Gas Trading Platform to Debut With Testnet at Consensus Hong Kong 2025

HONG KONG, Feb. 17, 2025 /PRNewswire/ — The world’s first zero-gas-fee decentralized exchange, DeriW, will unveil its innovative perpetual exchange platform at Consensus HK 2025. It is backed by the CoinW team which has eight years of experience in the blockchain industry. The DeriW team will be present from February 18 to 20 at CoinW’s Hong Kong Convention and Exhibition Centre (HKCEC) booth.

Event participants are invited to visit and explore DeriW’s revolutionary trading platform as well as connect with the team.

This is a key opportunity for traders and affiliates to learn, engage, and join the DeriW ecosystem.

A New Era of Decentralized Trading

DeriW is engineered on a sophisticated Rollup architecture.

This allows it to inherit Ethereum’s robust security features while enhancing transparency by integrating Layer 3 applications with Layer 2 infrastructure.

The platform can achieve fast and efficient high-speed trading speeds of up to 80,000 transactions per second.

Building on its technological prowess, DeriW has introduced the Pendulum AMM model to its liquidity pools.

It promises Liquidity Partners zero slippage and attractive annual percentage yield (APY) rates. 

These innovations position DeriW as a cost-efficient, high-performance, and transparent solution in the decentralized trading space.

Official Launch at the ‘Connecting Legends’ After-Party

The official DeriW product launch will take place during CoinW’s ‘Connecting Legends’ After-Party on February 19 at Cloud 39 – The Henderson.

It starts at 7 PM, with the launch presentation at 7:40 PM which will feature insights from blockchain industry leaders and key affiliates.

Attendees can experience DeriW’s advanced trading features, explore ecosystem opportunities, and provide direct feedback with the team.

DeriW Official Launch at CoinW’s 'Connecting Legends' After-Party
DeriW Official Launch at CoinW’s ‘Connecting Legends’ After-Party

Testnet

Parallel to the product launch, DeriW is set to announce the commencement of its Testnet phase.

Users can explore the platform’s functionalities through a series of Trading and Community events, which is perfectly timed with CoinW’s exclusive Airdrop Event.

Participants in the Testnet will have the first-hand opportunity to claim $DER rewards, which will be distributed upon the Mainnet launch.

Roadmap

DeriW’s development is strategically planned, as outlined in the roadmap below.

  • 2024 Q3: Testnet launched, core function testing opened, and early user incentive program launched
  • 2024 Q4: Core community building, global trading competitions and meme creation activities, collecting user feedback to optimize product experience
  • 2025 Q1: A major upgrade of the testnet, comprehensively improving the performance of the public chain, and iterating the platform’s trading and LP systems
  • 2025 Q2: The mainnet is officially released, TGE tokens are generated, and the ecological construction plan is launched
  • 2025 Q3: Open professional-grade API interface to support quantitative trading and support the launch of custom trading pairs
  • 2025 Q4: Build a global trader community for a smarter and more efficient user experience

In the first quarter of the year, DeriW will introduce customizable protocols to support minor trading currency pairs, enhancing its versatility.

Looking ahead to the second quarter, DeriW aims to foster a global trading community and expand its offerings with new derivative products, ensuring a more dynamic and engaging trading experience.

Be part of DeriW’s groundbreaking journey at Consensus Hong Kong 2025. Experience the next-generation zero-gas decentralized trading platform and secure early access to its Testnet.

See you there!

Website: https://www.coinw.com/

Twitter Official:https://twitter.com/CoinWOfficial

Telegram: https://t.me/coinwoff

YouTube Official: https://www.youtube.com/@CoinWOfficial

Linkedin: https://www.linkedin.com/company/coinwofficial/

Baltics leading pharmaceutical company Grindeks expands to new export markets worldwide

RIGA, Latvia, Feb. 17, 2025 /PRNewswire/ — The leading pharmaceutical company in the Baltics, Grindeks, continues to strengthen its global presence by entering new export markets. This year, for the first time, Grindeks products will be delivered to Panama. The company’s export markets already include countries such as Chile, Mexico, Australia, Singapore, the Philippines, and most of Europe. Active pharmaceutical ingredients are also exported to Japan, South Korea, and the USA.

Manufacturing of final dosage forms
Manufacturing of final dosage forms

Grindeks is a prequalified supplier for the World Health Organization, supplying its manufactured injections to international organizations such as UNFPA and UNICEF. These organizations distribute the products to African countries like Kenya, Tanzania, Liberia, Sudan, Burkina Faso, Zimbabwe, and others.

Kirovs Lipmans, Chairman of the Council of Grindeks, highlights: “Expanding into new export markets is a testament to our long-term vision and dedication to global healthcare. By continuously investing in innovation, quality, and regulatory excellence, we ensure that Grindeks remains a trusted name worldwide. Our presence in diverse markets reflects our commitment to providing effective and accessible medicines to those who need them most.”

Ph.D. Juris Hmeļņickis, CEO of Grindeks, emphasizes: “Export for us means more than just business — it is an opportunity to make a significant contribution to global health. Each of our export markets symbolizes not just expansion but also our commitment to improving health and quality of life worldwide. We are proud to deliver our products across regions including Europe, Asia, Latin America, and Africa, where the need for high-quality and affordable medicines is critically important. The path to global markets is not easy—it requires adapting to diverse regulations, market requirements, and cultural differences. These challenges motivate us to become even stronger, more efficient, and innovative, ensuring that Grindeks quality and reliability are accessible wherever they are needed.”

Reasons for Export Success

Medicines are essential across the globe, particularly in regions with limited healthcare access where the demand for high-quality, internationally produced pharmaceuticals is substantial.

Producing and certifying products to meet international standards ensures safety and efficacy, enabling successful entry into global markets.

A long shelf life (2–5 years) and developed logistics chains allow deliveries to even the most remote regions. Thanks to our sustainable logistics, we can provide high-quality medicines to distant locations such as Tanzania and Zimbabwe. However, not all products are financially viable for export, as high transportation costs limit the delivery of cheaper and heavier goods.

Challenges in Global Markets

Export experience shows that countries with strict regulatory requirements, such as China, Japan, the Philippines, Brazil, Malaysia, Chile, and others, demand adaptation to specific norms. These requirements often differ significantly from European standards, requiring additional time and resources for compliance. High levels of protectionism are also commonly encountered in these markets. Despite these challenges, Grindeks has demonstrated its adaptability and resilience by successfully meeting the standards of these demanding markets.

Cultural differences present challenges, such as overcoming language barriers, time zone differences, and varied business practices, which are crucial for effective collaboration and understanding local market dynamics.

As Grindeks continues to navigate global markets, the company is committed to implementing even more innovative solutions to remain a global leader in improving health.

Grindeks Global Competitiveness

The company’s global competitiveness continues to grow despite intense competition in the pharmaceutical market. According to the IQVIA Global Market analysis, one of the world’s leading sources of healthcare and pharmaceutical market data, Grindeks secured a solid 299th position among 5,768 companies in Europe in 2023, demonstrating its leading role in the regional pharmaceutical market. This achievement highlights Grindeks strategic approach and its ability to adapt and succeed in dynamic market conditions.

With a vision to rank among the top 100 pharmaceutical companies globally, Grindeks continues to drive innovation, expand its reach, and strengthen its competitive edge in both regional and international markets.

About the Grindeks Group

Grindeks is an international pharmaceutical group that provides a full product lifecycle – research, development, pharmacovigilance, manufacturing, and sales of original products, generic drugs, and active pharmaceutical ingredients. The group exports its products to over 100 countries worldwide. Grindeks main therapeutic groups and directions are cardiology, central nervous system, oncology, diabetes, dermatology, cardiology, and active pharmaceutical ingredients. The subsidiary Kalceks specializes in medications for the hospital segment and ophthalmology. All products are manufactured according to high global safety and quality standards. The group employs more than 1,380 industry professionals.

NX Taiwan Becomes First Japanese Company to Receive QMS Certification for Medical Devices at Its NEXT3 Warehouse in Taoyuan City

TOKYO, Feb. 17, 2025 /PRNewswire/ — Nippon Express (Taiwan) Co., Ltd. (hereafter “NX Taiwan”), a group company of NIPPON EXPRESS HOLDINGS, INC., obtained certification on Wednesday, December 18, 2024 from the Taiwan Food and Drug Administration (TFDA) for the quality management system (QMS) established at its NEXT3 warehouse in the northern Taiwanese city of Taoyuan to ensure the quality and safety of medical devices (hereafter “medical device QMS certification”), the first such certification acquired by a Japanese company.

Logo: https://kyodonewsprwire.jp/img/202502073945-O2-EM45jBgp 

Exterior view of warehouse:
https://cdn.kyodonewsprwire.jp/prwfile/release/M103866/202502073945/_prw_PI1fl_00HLGJ69.jpg 

Taiwan has been tightening quality control of medical devices by, for example, requiring certification for packaging and affixing Chinese labels to medical devices imported into Taiwan from May 1, 2021. The NEXT3 warehouse acquired good distribution practice (GDP) and good manufacturing practice (GMP) certification for pharmaceuticals in April 2022 and GMP certification for cosmetics in February 2024. With the newly acquired medical device QMS certification, the warehouse is now capable of storing and processing medical devices in compliance with quality control standards, both services expected to see rising demand in future.

Equipped with air-conditioned storage and processing work areas, the warehouse enjoys a very suitable location for international logistics, being situated 15 km from Taoyuan International Airport, 32 km from Taipei Port, 53 km from Keelung Port, and close to the Nangang Interchange on the north-south Highway 1 traversing Taiwan. This latest certification will enable the facility to provide high-quality services to more customers.

The NX Group will be further expanding its logistics functions within Taiwan as well as its international transport services utilizing the Group’s global network to help customers enhance their business activities and thereby realize its own long-term vision of becoming a logistics company with a strong presence in the global market.

Certification details
Name of certified organization: Nippon Express (Taiwan) Co., Ltd.
Certification date: Wednesday, December 18, 2024
Facility: Nippon Express (Taiwan) Co., Ltd., NEXT3 warehouse
Certification: Medical device QMS certification
Certification body: Taiwan Food and Drug Administration (TFDA)
Certified services: Packaging and labeling of medical devices

About the NX Group: https://kyodonewsprwire.jp/attach/202502073945-O1-3Ht7e88V.pdf

NX Group official website: https://www.nipponexpress.com/ 

NX Group’s official LinkedIn account:
https://www.linkedin.com/company/nippon-express-group/ 

Minish Holds First Seminar in Japan with Great Success – Over 100 Dentists in Attendance

“Impressed by Extensive Full-Mouth Rehabilitation Cases” , “Anti-Aging Effects Highly Praised”

TOKYO, Feb. 17, 2025 /PRNewswire/ — On the 17th, Minish Technology successfully concluded its first-ever clinical case seminar and corporate presentation in Japan. The event, held the previous day at Shiodome Season Terrace in Minato City, Tokyo, drew over 100 dentists from across the country, demonstrating significant interest in Minish’s innovative approach to dental restoration.

The first Minish seminar in Japan was a success with more than 100 dentists attending.
The first Minish seminar in Japan was a success with more than 100 dentists attending.

The seminar covered origins and development of Minish, its clinical applications, and case studies from Minish Members Clinics (MMC). It also provided insights into Minish Technology’s vision and global expansion strategy.

Attendees were particularly captivated by Minish’s innovative approach. The ability to correct misaligned teeth and address irregularities in color, size, shape, and proportion—within a single day—was highly regarded. In addition, the full-mouth restoration capability, extending beyond anterior teeth to molars, received praise. The proven stability of Minish, backed by over 160,000 cases over the past 17 years, further solidified confidence among participants.

Dr. Mamina Aoya, director of Ojima Clinic in Gunma Prefecture, remarked, “I was amazed that such extensive treatments, including full-mouth rehabilitation, are possible. The anti-aging effects of Minish will certainly resonate in Japan, where the aging population is significant.”

Dr. Yoshishige Taniguchi, director of Taniguchi Dental Clinic in Saitama Prefecture and a board member of Japanese Academy of Anti-Aging Dentistry, added, “I am eager to introduce Minish to our organization as soon as possible.”

Dr. Shuji Imatomi, director of Imatomi Dental Clinic in Hokkaido, shared his motivation for attending: “Given the high proportion of non-insurance treatments in Japan, I wanted to explore effective treatment options. I plan to adopt Minish at my clinic soon.”

The enthusiasm from this seminar is set to carry over to the upcoming Minish Academy in April, which will be held in South Korea for Japanese dentists. Notably, 45% of the Japanese dentists who completed the Minish Academy program in November last year have since joined MMC. Currently, MMCs offering Minish treatments in Japan are located in Tokyo’s Shinjuku, Gunma Prefecture, Chiba Prefecture, and five other regions.

Choi RockSun, PR manager at MINISH Technology Inc. stated, “This seminar reaffirmed the recognition that Minish is not merely a complement to orthodontic or aesthetic treatments, but rather a comprehensive solution for dental restoration. Given the strong response, we expect to expand the number of MMCs in Japan to 50 locations within the year.”

Hanon Systems Announces Full Year 2024 Financial Results

SEOUL, South Korea, Feb. 17, 2025 /PRNewswire/ — Hanon Systems, a leading global automotive thermal management supplier and subsidiary of Hankook & Company Group, last week reported its full year 2024 financial results.

For the fourth quarter of 2024, Hanon Systems reported consolidated revenue of KRW 2.5498 trillion, marking a 3.8% increase year-over-year and a 2% increase from the previous quarter. However, the fourth quarter operating income showed a loss of KRW 98.8 billion due to one-time factors and global restructuring costs. The total net loss for the year 2024, including the fourth quarter operating loss, decreased production volumes due to a slowdown in EV sales, interest expenses, and impairment losses on intangible assets, amounted to KRW 334.4 billion.

The company expects that there will be no difficulty achieving sales exceeding KRW 10 trillion in 2025, and the operating margin is expected to improve gradually.

In 2025, the company will continue improving profitability and cash flow, strengthening accountability in management through the rollout of a new regional organization structure, and enhancing management efficiency through successful integration. The company has established specific implementation plans to achieve these goals. In January, Hanon Systems realigned its organization to regional business groups to drive greater efficiency and strengthen responses to customers’ needs.

Vice Chairman and CEO Soo Il Lee stated: “In the short term, our priority is to enhance financial structures through cost reduction and operational efficiency. In the long term, by strengthening accountability in management, we will establish a proactive organizational culture.” He added, “Through these measures, we will lay a foundation for sustainable growth and make company-wide efforts towards successful integration.”

Hanon Systems expects to see tangible results in the second half of the year and, through synergies with the Hankook & Company Group, aims to achieve a stable financial structure within two to three years, continuously enhancing competitiveness by responding agilely to strategic changes in customers’ demands.

About Hanon Systems

Hanon Systems, founded in 1986, is a global leader in thermal energy management solutions. In January 2025, it became a subsidiary of Hankook & Company Group. Its offering includes a wide range of solutions in the areas of heating, ventilation and air conditioning, powertrain cooling, compressor, fluid transport, and electronics and fluid pressure. The company currently operates 50 manufacturing sites and three regional innovation centers and employs more than 20,000 people across 21 countries. To learn more, visit hanonsystems.com.

Follow Hanon Systems:

LinkedIn: https://www.linkedin.com/company/hanonsystems
YouTube: https://www.youtube.com/channel/UC6bSZ7NMg7LPhXDyTOMwebQ/feed

Abu Dhabi to further enhance trade and investments with China

  • 140 senior officials and executives from different sectors in Abu Dhabi to explore new opportunities
  • Abu Dhabi Investment Forum accelerates partnerships in next-generation industries
  • ‘Business Connect –Abu DhabiShanghai‘ enhances collaborations of business communities

ABU DHABI, UAE, Feb. 17, 2025 /PRNewswire/ — The Abu Dhabi Department of Economic Development (ADDED) is leading the emirate’s economic delegation to China as part of ongoing efforts to further strengthen partnerships with leading economies and cement Abu Dhabi’s stature as global magnet for talent, businesses, and investments.

With bilateral trade between China and the UAE projected to reach $200 billion by 2030, Abu Dhabi is reinforcing its position as an essential gateway for Chinese investment in the Middle East and beyond. The emirate is already home to many of the 6,000 Chinese companies operating in the UAE across key sectors, including technology, financial services, and energy.

The high-level delegation is comprised of around 140 senior officials and executives from government and private sector including Abu Dhabi Global Market (ADGM), Abu Dhabi Investment Office (ADIO), Abu Dhabi Customs, Abu Dhabi Chamber of Commerce and Industry (ADCCI), ADNOC, Mubadala, KEZAD, Hub7, and major companies from different economic sectors.

During the visit, which will start on Monday 17 February 2025, the Abu Dhabi economic delegation will meet senior government officials and key businesses and investors in Beijing, Shanghai, Shenzhen, and Hong Kong to explore business opportunities and foster strategic relations with Chinese counterparts.

His Excellency Ahmed Jasim Al Zaabi, Chairman of ADDED, said: “A rising economic powerhouse, Abu Dhabi continues to build and strengthen partnerships with leading economies and top trading partners, contributing positively to international efforts to address giga trends and transformations impacting all geographies and industries to ensure a brighter future for our people and the entire humanity”

“Our longstanding relations with China are going from strength to strength, as reflected by the growth of bilateral trade and mutual investments over the past few years, and we are doubling down our efforts to take it to the next level by deepening cooperation and exploring new opportunities in various sectors to create more partnerships. This visit and activities to be organised as part of it underscore Abu Dhabi’s commitment to enhancing collaborations with our international partners. We are eager to enable investors and businesses to benefit from ample opportunities provided by our soaring ‘Falcon Economy’, which is harmonising between advanced technologies, sustainability, human development, and economic diversification as we accelerate the transition towards the next phase of Abu Dhabi’s development”.

To foster direct engagements between investors and key decision-makers to accelerate partnerships in next-generation industries, the Abu Dhabi Investment Office (ADIO) and the Abu Dhabi Global Market (ADGM), will organise the Abu Dhabi Investment Forum (ADIF) in Beijing and Shanghai on 18 and 20 February 2025. To be held under the theme “Invest with Abu Dhabi,” the forum will provide Chinese investors and businesses with a platform to explore opportunities in the emirate, which is one of the fastest-growing economies in MENA.

ADIF will feature a comprehensive agenda, including keynote addresses, panel discussions, and bilateral meetings from delegates representing various sectors of Abu Dhabi’s economy. These experts, including executives from institutions like ADNOC, Mubadala, HSBC, Gulf Capital and more, will provide in-depth insights into the emirate’s investment landscape, showcasing opportunities in technology, financial services, healthcare and trade.

The Abu Dhabi Chamber of Commerce and Industry (ADCCI), in cooperation with ADGM, ADIO and the Shanghai Federation of Industry and Commerce, will organise “Business Connect –Abu DhabiShanghai” on 19 February 2025 to strengthen economic relations and partnerships between the business communities in Abu Dhabi and China.

As Abu Dhabi continues to strengthen its favourable regulatory environment and world-class investment landscape, ADIF and “Business Connect –Abu DhabiShanghai” provide suitable platforms for Chinese business leaders to gain firsthand insights into new opportunities, sector-driven initiatives and strategic partnerships in the UAE capital.

Oceanpayment Partners with Mastercard to Issue Its First-Ever Payment Card to Empower Global Businesses

Oceanpayment’s new Mastercard-powered virtual commercial credit card aims to help reduce the operational costs of multi-currency accounts while improving conversion rates

HONG KONG, Feb. 17, 2025 /PRNewswire/ — Oceanpayment, a global digital payment solutions provider, and Mastercard today announced the launch of Oceanpayment’s first-ever payment card, a Mastercard virtual commercial credit card. The new product is designed to help cross-border merchants reduce the operational costs of multi-currency accounts while improving conversion rates. Merchants can rapidly apply for and set up the Oceanpayment Card online, as the virtual card offers higher efficiency in overseas B2B payments to ensure seamless, compliant and secure cash flow management.

Source:Oceanpayment
Source:Oceanpayment

Simplifying financial management

According to the Virtual Card Benchmark Survey conducted by RPMG Research and commissioned by Mastercard, 85 percent of bank executives surveyed globally believe that virtual cards improve organizational processes including efficiency, reconciliation, system integrations and compliance.  Furthermore, 84 percent of them believe that virtual cards enhance cybersecurity, reduce fraud and increase data security. Through the new virtual Oceanpayment Card, businesses can now more easily address common financial management challenges associated with traditional cross-border transactions, including handling multiple currencies and real-time payments among many others, further optimizing their operational management.

Lanny Yang, Co-Founder and Chief Executive Officer of Oceanpayment, said, “Building on Oceanpayment’s extensive expertise and experience in the acquiring space, and the deep integration with Mastercard’s capabilities in enabling virtual card issuance, we are excited to launch our new card product, completing our all-in-one fund management solution to streamline payment acceptance and disbursement. Tailored to meet our merchants’ needs with precision, this service simplifies money movement management and optimizes business cash flow, ultimately boosting overall operational efficiency for businesses.”

Helena Chen, Managing Director, Hong Kong & Macau, Mastercard, said, “This partnership with Oceanpayment not only highlights Mastercard’s commitment to delivering innovative, seamless and secure payment solutions, but also underlines the strength of its support for issuers. With B2B virtual card spend estimated to reach US$1.3 trillion by 2028[1], Mastercard is pleased to be the preferred partner of choice for digital payments solutions, leveraging its expertise and experience in virtual cards, end-to-end support to issuers, as well as its global acceptance network.”

Faster, safer, more stable payment without delays

The launch of a Mastercard Virtual Commercial Credit Card represents a key milestone in Oceanpayment’s global digital payment infrastructure. This marks a significant evolution from transaction capabilities to a holistic ecosystem that brings simplicity, security and efficiency of digital payments into merchants’ cash flow operations. By streamlining B2B payment processes and reducing transaction time, it empowers businesses to manage their working capital digitally.

The Oceanpayment Card eliminates transaction management and processing delays among consumers, merchants, international card schemes and issuing banks. It enables faster, safer and more stable payment interactions while improving merchants’ operational efficiency, transparency and predictability. This reduces dependency on traditional and inefficient processes, offering a streamlined and optimized payment workflow.

Furthermore, the new virtual card empowers cross-border merchants to achieve intelligent, integrated cash flow management systems and provides diverse commercial payment support for global operations. By incorporating issuing services, merchants can significantly enhance the efficiency of international payments in both online and offline scenarios, including advertising, subscriptions, consumption, procurement and business travel. With Oceanpayment’s automated and embedded solutions, merchants gain complete control over their financial visibilities, effectively minimizing operational friction.

The new Oceanpayment Card can effectively address operational pain points in cross-border payments and meet the diverse needs of business payment scenarios by providing merchants with more precise solutions, including:

  • Integrated Transactions for Efficiency: all-in-one solution that integrates acquiring and issuing services, enabling seamless fund connectivity and significantly enhancing cash flow management efficiency.
  • Instant Activation with Comprehensive Features: such as instant card activation and quick transactions. This enables a full-suite, one-stop service with deeply integrated multi-functional capabilities.
  • Versatile Payment Scenarios: empowers merchants with diverse payment scenarios, supporting aviation, advertising subscriptions, procurement management, logistics and education.
  • Shared Card Limits for Global Reach: supports major settlement currencies including HKD and USD, along with over 140 transaction currencies. It facilitates multi-currency shared limits and streamlined foreign exchange processes for a seamless payment experience.
  • Membership with Secure and Global Coverage: As a Mastercard issuer, Oceanpayment has successfully tapped into Mastercard’s global network, enabling extensive international payment coverage. It caters to merchants’ diverse business payment needs, focusing on convenience, security and efficiency.

Oceanpayment: Simplifying Global Payments

Over the past decade, Oceanpayment has dedicated itself to empowering global partners with professional expertise and exceptional services. It has continuously strengthened payment infrastructure by integrating open APIs and digital services, seamlessly connecting payment technology across all aspects of the cross-border payment ecosystem.

The company’s comprehensive solutions unlock a wide range of cross-border business scenarios, including global acquiring services, financial payment gateways, intelligent risk management and compliance operations. This holistic approach enables seamless integration of cross-border business models, technological innovation and product offerings, fostering the global expansion of cross-border merchants.

Looking ahead, Oceanpayment will continue to enhance its payment chain products and services through technological innovation. It is committed to providing cross-border merchants with a more convenient and secure “global payment” experience. The company aims to facilitate businesses’ digital and intelligent transformation to accelerate growth and foster high-quality development of global cross-border e-commerce.

– Ends –

About Mastercard

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re building a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions safe, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.

www.mastercard.com

About Oceanpayment

Oceanpayment is a leading global payment service provider empowering businesses with secure, convenient, professional and simple payment solutions for cross-border transactions. We leverage cutting-edge technology, robust infrastructure, effective risk management, and proven expertise to deliver seamless payment experiences. Processing transactions continuously for hundreds of thousands merchants across over 200 countries and regions, enabling them to accept and process payments seamlessly and maximize revenue growth.

www.oceanpayment.com

References:

[1] Juniper Research, Virtual Cards, Strategy & Forecast, 2021-2026.