The Digital Source For China's Tech Innovation Since 2000

TiENPAY Launches Innovative Global Mobile Wallet Platform

Leading fintech firm to build top global mobile wallet clearance and settlement system; to produce 20 web films to promote usage

Shenzhen, China, July 26, 2017 /ChinaNewswire.com/ – TiENPAY Limited, a premium global mobile wallet platform, today makes the global debut of its innovative mobile wallet app: TiENPAY Wallet.

The company successfully conducted a live cross-border digital currency during a press conference in Shenzhen today to mark the global launch. The company's TiENPAY mobile iOS apps will be formally launched in August, and its Android apps will be launched in September this year.

At the same time, TiENPAY announced that it plans to produce 20 web films in the next few years to promote the usage of innovative technologies such as its own mobile wallet. The first film, a love comedy web film "Wallet", will be produced by Beijing Jinmache Film & Television Culture Communication Co., Ltd.  Preparation will begin in August and production will start in September.

"I believe today's launch of TiENPAY Wallet ushers in a new age of financial freedom and inclusion, as our innovative products integrating the most advanced financial technology will extend convenient financial services to people around the world," says William Tien, founder and CEO of TiENPAY. "We are confident that users will fall in love with TiENPAY and we will become the best global mobile wallet platform."

TiENPAY can be integrated with existing channel service providers into local merchant accounts through Point Of Sales (POS) using QR codes or EAN code scanning. TiENPAY has internal built-in clearance and settlement of cryptocurrency including Bitcoin and Ethereum through its digital exchange in Hong Kong.

The company also plans to launch its digital exchange platform in Hong Kong in August for the trading of cryptocurrency and assets such as Bitcoin. By its August launch, the exchange will allow conversion of four pairs of cryptocurrency and fiat money: Bitcoin/U.S. dollar, Bitcoin/Australian dollar, Bitcoin/Renminbi, and Bitcoin/Hong Kong dollar. The exchange will expand to allow conversions of other digital currencies, including the company's own digital tokens that it plans to launch in the near future.

TiENPAY's services are currently set to cover eight countries and regions, including the United States, U.K., Australia, Singapore, Hong Kong, Cambodia, Russia and India. The company has plans to expand to cover 35 countries in five years.

"I've spent years traveling around the world and always had difficulty conducting currency conversions and cross-border transactions. I thought we should have something universal so that people don't need to wait for two weeks before receiving their money," Tien adds. "TiENPAY is exactly the answer to solve these kinds of headaches suffered currently by international travelers, residents of remote places and enterprises conducting cross-border transactions."

"After years of hard work, we are glad to mark the global launch of our innovative fintech product TiENPAY Wallet," said Victor Chow, co-founder and group chief operating officer of TiENPAY. "Business and individuals will find our wallet as the most convenient option as it has the capacity to connect to more than 350 payment gateway or aggregators like Visa, MasterCard, China UnionPay, WeChat and Alipay."

ABOUT TiENPAY:
Tracing its roots back to the first mobile phone mobile wallet in Australia in 1996, TiENPAY Limited is a leading global mobile wallet clearance and settlement platform. Founded by Singaporean entrepreneur and finance veteran William Tien and former Huawei executive Victor Chow, the company's operations include mobile wallet apps and a digital currency exchange. The company currently has operations in Hong Kong, Singapore, China, Australia, U.S., U.K., India and Russia.

Source: TiENPAY

Other China Tech Buzz:

Latest research report on “Boat Insurance Market Research Report” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team. Complete Report Available @ https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=4781542 Boat Insurance Market Segment by Type: – Actual Cash Value – Agreed Amount Value Boat Insurance Market Segment by Application: – Ocean – Lakes – Rivers The study report offers a comprehensive analysis of Boat Insurance Market size across the globe as regional and country level market size analysis, CAGR estimation of market growth during the forecast period, revenue, key drivers, competitive background and sales analysis of the payers. Along with that, the report explains the major challenges and risks to face in the forecast period. Boat Insurance Market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Boat Insurance Market will be able to gain the upper hand as they use the report as a powerful resource. The report takes into account the impact of the novel COVID-19 pandemic on the Boat Insurance Market also provides assessment of market definition along with the identification of topmost prominent key manufactures are analyzed emphatically by competitive landscape contrast, with respect to Price, Sales, Capacity, Import, Export, Boat Insurance Market Size, Consumption, Gross, Gross Margin, Revenue and Market Share.The Global Boat Insurance Market report provides information about the Global industry, including valuable facts and figures. This research study explores the Global Market in detail such as industry chain structures, raw material suppliers, with manufacturing The Industrial IoT Sales market examines the primary segments of the scale of the market. This intelligent study provides historical data from 2015 alongside a forecast from 2021 to 2026. Get Free Sample of Boat Insurance Market @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=4781542 Additionally, the research report on global Boat Insurance Market provides an in depth analysis about market status, market size, revenue share, industry development trends, products’ advantages and disadvantages of the enterprise, enterprise competition pattern, industrial policy and regional industrial layout characteristics. The global Boat Insurance Market report covers recent developments, strategic market growth analysis, area marketplace expanding, product launches, technological innovations and many more. Research report also offers an in-depth analysis about the Agreements, collaboration and partnership among different vendors across the globe. Therefore the report is beneficial for all kinds of clients. Impact of Covid-19 in Boat Insurance Market: The utility-owned segment is mainly being driven by increasing financial incentives and regulatory supports from the governments globally. The current utility-owned Boat Insurance Market are affected primarily by the COVID-19 pandemic. Most of the projects in China, the US, Germany, and South Korea are delayed, and the companies are facing short-term operational issues due to supply chain constraints and lack of site access due to the COVID-19 outbreak. Asia-Pacific is anticipated to get highly affected by the spread of the COVID-19 due to the effect of the pandemic in China, Japan, and India. #Customization Service of the Report: ReportsnReports provides customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

August 29, 2021
themarketwriteup.com themarketwriteup.com

Latest China Tech News