September 24, 2024. Shenzhen, China - The Shenzhen Cross-Border E-Commerce 1210 Transparency Public Service Product Launch and Compliance Forum Launching Ceremony, hosted by the Commerce Bureau of Shenzhen Municipality, supported by the Commerce Bureau of Shenzhen Longgang District, and co-organized by JIUMI Cross-border, XGD PayKKa, Galaxy Industry, and the Southern Electronic Port, was held successfully in the Longgang District, Shenzhen.

Ministry of Commerce’s Shenzhen Special Office, Commerce Bureau of Shenzhen Municipality, Shenzhen Customs, Shenzhen Tax Service,  and State Administration of Foreign Exchange’s Shenzhen Branch, attended the launch ceremony. Additionally, representatives from the Commerce Bureau of Longgang District, the Export-Import Bank of China Shenzhen Branch, China Export & Credit Insurance Corporation Shenzhen Branch, and over 200 cross-border e-commerce enterprises participated in the forum.

During the forum's opening ceremony, Yu Xifeng, Director of the E-Commerce Department of Shenzhen Municipal Bureau of Commerce, delivered a speech emphasizing the importance of transparency and compliance in cross-border e-commerce development and commended the significance of the forum. Subsequently, the launch ceremony of the national first 1210 transparency public service product was officially held, marking a significant step forward in Shenzhen’s commitment to enhancing transparency in cross-border e-commerce services.

In the keynote address, Xiong Xing, General Manager of XGD Cross-Border Payment Operations Center, provided a comprehensive analysis of the current state and opportunities within the cross-border payment industry, with a particular focus on the PayKKa and its core business category. Wang Siyang, Business Director of XGD Cross-Border Payment, shared insights from the company’s explorations and practices in the cross-border payment sector. XGD not only holds a national bank card acquiring license but is also actively expanding its overseas licensing portfolio, having obtained licenses in Luxembourg (PI), Hong Kong (MSO), andU.S.(MSB). The company is dedicated to becoming a stable and long-term partner for enterprises venturing abroad.

Looking ahead, as the cross-border payment sector experiences significant growth, PayKKa is committed to keeping pace with advancements in technology, actively monitoring and researching cutting-edge innovations such as artificial intelligence and big data, and aiming to integrate these technologies into its service framework. Through relentless effort and continuous innovation, PayKKa seeks to contribute robustly to the development of the cross-border e-commerce industry, working together to create a more prosperous future.