WeTrade Group to hold press conference for "WTPay Global Collection and Payment System's Online Implementation" in Singapore

Rhea-AI Summary

WeTrade Group Inc. (NASDAQ: WETG) announced a press conference for the launch of its WTPay Global Collection and Payment System in Singapore on October 18, 2022. This system facilitates global payment solutions including order collection, remittance, and currency exchange across over 100 countries and supports multiple payment methods. CEO Pijun Liu emphasized WTPay's coverage of over 60% of global enterprise needs, targeting initial promotion in the U.S., Singapore, Australia, Philippines, and Indonesia. WeTrade aims to innovate within the micro-business market using its YCloud system.

Positive

• Launch of WTPay Global Collection and Payment System expands service offerings.
• WTPay supports multiple payment methods and established strategic alliances with over 15 payment firms.
• Covers 60% of global enterprise collection and payment demands, indicating strong market potential.

Negative

• None.

BEIJING, Sept. 26, 2022 /PRNewswire/ -- WeTrade Group Inc. ("WeTrade" or the "Company") (NASDAQ: WETG), an emerging growth company engaged in the business of providing software-as-a-service (SAAS) and cloud intelligent systems for micro-businesses, today has announced that it will hold press conference for "WTPay, the Global Collection and Payment System's Online Implementation" in Singapore on October 18th, 2022, and will showcase its R&D product "WTPay Global Collection and Payment System" for the first time to the public.

The WTPay global collection and payment system has six major businesses, including global order collection, global store opening, global collection,  international account management, global remittance and currency exchange, and it provides resource docking in more than 100 countries and 8 mainstream currencies.

WTPay system supports multiple methods of online payment from customers, including Wechat Pay, Alipay, Visa, Master Card, local E-wallets and mainstream digital wallets in many countries. Meanwhile, it has established strategic alliances with more than 15 payment companies, such as global plus pay inc, flash pay technology INC, pay collection pty ltd, London pay pty ltd, lakala Japan co.Ltd, GlobePay Limited, global free pay, second pay financing inc, in an effort to help customers quickly conduct global collection and payment business.

Mr. Pijun Liu, Chief Executive Officer of the Company, commented, "WTPay system covers over 60% of global enterprise's collection and payment demands. At the early stage of the system's implementing, we will focus on promotion and trial regions such as the United States, Singapore, Australia, the Philippines, and Indonesia, among others. We welcome more partners to choose Wetrade Group to work with us in building a new economic ecology, thereby contributing to the development of global economic."

About WeTrade Group Inc.

WeTrade Group Inc. is a technical service provider of SAAS and Cloud Intelligent System for micro-businesses, and a pioneering internationalized system in the global micro-business cloud intelligence field and the leader, innovator and promoter of the world's cloud intelligent system for micro-businesses. WeTrade Group independently developed the cloud intelligent system for micro-businesses (Abbreviation: YCloud). YCloud strengthens users' marketing relationship and CPS commission profit management through leading technology and big data analysis. It also helps increase the payment scenarios to increase customers' revenue by multi-channel data statistics, AI fission and management as well as improved supply chain system. As of today, YCloud's business has successfully landed in mainland China and Hong Kong, covering the micro business industry, tourism industry, hospitality industry, livestreaming and short video industry, aesthetic medical industry and traditional retail industry. For more information, please visit https://ir.wetg.group. 

Forward-Looking Statements

This press release contains information about the Company's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. The Company's encourages you to review other factors that may affect its future results in the Company's annual reports and in its other filings with the Securities and Exchange Commission.

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SOURCE WeTrade Group INC

FAQ

What is the WTPay Global Collection and Payment System launched by WeTrade Group?

WTPay is a payment solution that allows global order collection, international account management, remittance, and currency exchange, supporting transactions in over 100 countries.

When is the press conference for the WTPay system?

The press conference is scheduled for October 18, 2022, in Singapore.

Which payment methods does WTPay support?

WTPay supports Wechat Pay, Alipay, Visa, MasterCard, local E-wallets, and various digital wallets.

How does the WTPay system benefit micro-businesses?

WTPay provides micro-businesses with efficient global payment solutions, enhancing their ability to manage collections and currency exchanges.

What regions will WeTrade focus on for the initial implementation of WTPay?

The initial focus regions include the United States, Singapore, Australia, the Philippines, and Indonesia.