SINGAPORE, April 27, 2024 /PRNewswire/ -- Are you overwhelmed and confused over the jargon used in the Will? Summit Planners understands that the jargon used in a Will can be difficult to understand and may be one of the reasons why people delay writing their Will.

We would like to debunk the legal terms used in the Will to let you have a better understanding before preparing your Will.

Testator

A testator is someone who creates and executes the Will. The testator will specify his/her distribution intention clearly and concisely. The testator will ensure that the instructions in a Will are detailed and can speak on his/her behalf after his/her demise.

Executor

An executor is someone who administers and distributes the estate according to the instructions indicated in the Will. The executor's duty can be challenging as it involves understanding the instructions in the Will, and identifying the assets and liabilities. Thus, it is important for the testator to list the assets and liabilities to ease the executor's duty.

Trustee

A trustee is responsible for holding and distributing the assets, ensuring that the assets within the trust are safeguarded and distributed to the beneficiaries following the instructions in the Will. The trustee's responsibility will end upon the depletion of funds or termination of the trust.

Beneficiaries

A beneficiary is an individual or organisation receiving assets or benefits from the estate. The assets may include but are not limited to cash, properties, investments, insurance policies, etc. There are two types of beneficiaries, namely, primary and contingent beneficiaries. The primary beneficiaries are the first in line to benefit from the estate. On the other hand, the contingent beneficiaries are the backup beneficiaries who will benefit from the estate. In other words, they will be entitled to the inheritance only when the primary beneficiary is unable or refuses to receive it.

Legal Guardian

A legal guardian is someone appointed to care for your minor children. There are two types of legal guardians, namely, a natural guardian and a testamentary guardian. A natural guardian is the surviving parent of the child, whereas the testamentary guardian is appointed by you to assume guardianship responsibility after your demise.

Understanding the terminology in the Will can provide clarity when navigating the complexities of a Will and ensure that your intentions are accurately stated in the Will.

To raise awareness of the importance of Will Planning, Summit Planners is running monthly Will Planning seminars to encourage the members of the public to take action to ensure that their affairs are well taken care of after their demise.

Click here for more information on the Will Planning Seminars.

About Summit Planners

"Summit Planners is committed to redefining the way individuals approach estate planning and make estate planning simplified and understandable."

Summit Planners is an organisation specializing in comprehensive estate planning solutions. With a team of seasoned professionals, we are dedicated to helping individuals and families secure their financial legacies for generations to come.

At Summit Planners, we strive to provide our clients with customised solutions from our suite of services to match the size of their organisation and ambitions. From sole proprietorships to corporations and individuals to families, their trust in our services and partners has enabled us to grow from strength to strength.

SINGAPORE, April 27, 2024 /PRNewswire/ -- OKX, a leading Web3 technology company, today announced the integration of Side Protocol with the OKX Wallet. Side Protocol is a cross-chain middleware protocol designed to enable seamless communication and asset transfer between heterogeneous blockchains. Side Protocol aims to create a unified and interoperable blockchain ecosystem, breaking down the barriers between different networks.

With Side Protocol, OKX Wallet users can now effortlessly transfer assets across multiple blockchains, reducing friction and enhancing the overall user experience. This integration marks a significant step forward in promoting cross-chain interoperability and unlocking the true potential of a multi-chain future.

About OKX

A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:

• OKX Wallet: The world's most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet's account abstraction-powered Smart Account enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.
• DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.
• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.
• Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.

OKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.

As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.

To learn more about OKX, download our app or visit: okx.com

Disclaimer

SINGAPORE, April 27, 2024 /PRNewswire/ -- OKX, a leading Web3 technology company, today announced the integration of Biturbo with the OKX Wallet. Bitrubo is an innovative layer 2 solution that brings the power of Ethereum's smart contracts to the Bitcoin network. Biturbo is designed as an EVM-compatible layer 2, combining the unrivaled security of Bitcoin with the versatility of Ethereum's ecosystem.

With Biturbo, OKX Wallet users can now access a wide range of decentralized applications (dApps) and financial instruments directly on the Bitcoin network, all while benefiting from Bitcoin's robust security. This integration marks a significant milestone in expanding the utility and functionality of Bitcoin, making it an even more attractive option for developers and users alike.

About OKX

A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:

• OKX Wallet: The world's most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet's account abstraction-powered Smart Account enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.
• DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.
• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.
• Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.

OKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.

As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.

To learn more about OKX, download our app or visit: okx.com

Disclaimer

LISHUI, China, April 27, 2024 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced that on April 22, 2024, it received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). It resulted from the fact that the closing bid price of the Company's ordinary shares was below $1.00 per share for a period of 32 consecutive business days. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. The notification has no immediate effect on the listing of the Company's ordinary shares, which will continue to trade uninterrupted on Nasdaq under the ticker "FAMI".

Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of 180 calendar days, or until October 21, 2024 (the "Compliance Period"), to regain compliance with Nasdaq's minimum bid price requirement. If at any time during the Compliance Period, the closing bid price per share of the Company's ordinary shares is at least $1.00 for a minimum of 10 consecutive business days, Nasdaq will provide the Company a written confirmation of compliance and the matter will be closed. In the event the Company does not regain compliance with the minimum bid price requirement by October 21, 2024, the Company may be eligible for an additional 180 calendar day grace period.

About Farmmi, Inc.

Established in 1998, Farmmi Inc. (Nasdaq: FAMI) is an agricultural products supplier, processor and retailer of edible mushrooms like Shiitake and Mu Er, as well as other agricultural products. Farmmi sells its products both online and offline. For further information about the Company, please visit Farmmi's website.

Forward-Looking Statements

No statement made in this press release should be interpreted as an offer to purchase or sell any security. Such an offer can only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws. Certain statements in this press release concerning our future growth prospects are forward-looking statements regarding our future business expectations and intended to qualify for the "safe harbor" under the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding lingering effects of the Covid-19 pandemic on our customers' businesses and our end purchasers' disposable income, our ability to raise capital on any particular terms, fulfillment of customer orders, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, our ability to realize revenue from expanded operation and acquired assets in China, our ability to attract and retain skilled professionals, client concentration, industry segment concentration, and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings. These filings are available at www.sec.gov. Farmmi may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. In addition, please note that any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of the date of this press release. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law. 

For more information, please contact:

Farmmi, Inc.
Investor Relations
Tel: +86-0578-82612876
ir@farmmi.com 

BANGKOK, April 26, 2024 /PRNewswire/ -- Money20/20, the world's leading fintech exhibition, took place in Bangkok, Thailand, from 23-25 April, 2024, bringing together thousands of innovative thinkers from the payment, fintech, and broader financial services industries to explore the latest trends, technologies, and strategies that are shaping the future of fintech and financial services.

Tim Shen, Co-CEO of LianLian Global, was a featured speaker, alongside notables such as Tessa Wijaya, Co-Founder and COO of Xendit, Ling Wu, Founder and CEO of TBCASoft, and Tracy Prandi-Yuen, Vice President of Global Partnerships at Boku. They engaged in a robust discussion on the intricacies of cross-border trade. Additionally, the head of Lianlian Hong Kong China and the head of International Financial Cooperation at LianLian Global contributed their views on the driving forces behind fintech innovations, emphasizing the enhancement of B2C and B2B multi-scenario payment and settlement solutions.

Mr. Shen addressed the escalating challenges posed by global trade tensions and increased compliance scrutiny, emphasizing the critical role of compliance for cross-border businesses. He outlined the key benefits to customers of maintaining strict adherence to compliance rules:

• it serves as the cornerstone for ensuring transaction security, preventing the loss of individual assets, and shielding businesses from legal entanglements;
• it is crucial for establishing a good business reputation, which is helpful for obtaining the trust of customers and expanding business opportunities; and
• it provides a strong support for companies' global expansion efforts and mitigates their risk of facing international sanctions due to non-compliance.

As of 30 September 2023, Lianlian had established a robust global portfolio of 64 payment licenses and related qualifications, and has served approximately 3.2 million merchants and businesses across a variety of industries, including e-commerce, services and manufacturing, spanning more than 100 countries and regions.

Mr. Shen reiterated that Lianlian has always prioritized "Compliance First" and aims to become a leading digital payment solution provider with strong risk management capabilities. Capitalizing on the new opportunities brought about by digital globalization, Lianlian remains committed to leveraging scientific and technological innovation as its primary driving force. The company will continue to optimize and enhance its cross-border trade services and compliance systems to better serve its customers worldwide in an increasingly complex global trade environment. This, in turn, will spur the development of new productive capacities and advance the quality of foreign trade.

Along with the publication of its 2023 annual report and the Q1 2024 report, United Imaging Healthcare released its ESG report.

SHANGHAI, April 27, 2024 /PRNewswire/ -- United Imaging Healthcare (SSE:688271), a global leader in manufacturing advanced medical imaging and radiotherapy equipment, has released their 2023 annual report. The report reveals that the company achieved 11.41 billion CNY in revenue in 2023, marking a stable increase of 23.52%. Net income attributable to the shareholders of the parent company was 1.97 billion CNY, reflecting a YoY increase of 19.21 %.

The company also released its first quarter report for 2024. The report shows that in Q1 2024, United Imaging Healthcare recorded revenue of 2.35 billion CNY and net income attributable to the shareholders of 0.36 billion CNY, an increase of 6.22% and 10.20% respectively.

In the past year, United Imaging Healthcare has adhered to their globalization strategy, expanding the sales network to cover major developed and emerging markets around the world. By the end of 2023, the company's global customer base had covered over 65 countries and regions. The company has obtained more than 700 product registration certificates or quality management system certifications, with 45 products receiving CE certification and 44 products passing FDA 510(k) registrations, allowing them to be commercially available in the US. In 2023, the company's overseas main business achieved YoY growth of over 54.72 %, reaching 1.68 billion CNY. Notably, sales of the company's high-end equipment experienced rapid growth.

The expanding market share is bolstered by the company's steadfast commitment to research and development (R&D) innovation. The report illustrates that United Imaging Healthcare has made substantial investments in enhancing its technology and solutions in 2023, totaling 1.92 billion CNY.

In the past few years, United Imaging Healthcare has made new breakthroughs in collaborating with world-renowned universities and clinical and scientific research institutions such as Yale University and UC Davis, resulting in pioneering advancements like the advanced molecular imaging device for the brain. Complementing these collaborations, the company's commitment to healthcare accessibility is demonstrated by initiatives like partnering with GIC Prime in India and deploying a mobile PET/CT unit in Piacenza, Italy. These efforts underscore United Imaging Healthcare's dedication to "Equal Healthcare for All."

To embrace sustainability, United Imaging Healthcare always adheres to the core values of "DEI," which is diversity, equity, and inclusivity," regards employees as the core driving force to promote sustainable development of the enterprise, and firmly protects the basic rights of employees.

United Imaging Healthcare is committed to promoting a green enterprise and bolstering climate-related initiatives as a foundation for sustainable growth. The company's dedication is evident through continual enhancements to its environmental management system, adoption of eco-friendly and energy-efficient production methods, and vigilant monitoring of global climate shifts. As they pursue their own journey towards sustainability and strive for high-quality development, United Imaging Healthcare actively contributes to advancing ecological progress on a global scale.

About United Imaging Healthcare

At United Imaging Healthcare, we develop and produce advanced medical products, digital healthcare solutions, and intelligent solutions that cover the entire process of imaging diagnosis and treatment.

Founded in 2011, our company has subsidiaries and R&D centers across China, the United States, Poland, Dubai, and other parts of the world. With a cutting-edge digital portfolio and a mission of Equal Healthcare for All™, we help drive industry progress and bold change.

To learn more, visit https://www.united-imaging.com

GUANGZHOU, China, April 26, 2024 /PRNewswire/ -- CNFinance Holdings Limited (NYSE: CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission ("SEC") on April 26, 2024.

The annual report can be accessed on the Company's investor relations website at http://ir.cashchina.cn as well as the SEC's website at http://www.sec.gov.

The Company will provide a hard copy of its annual report, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to the Company's IR Department at ir@cashchina.cn.

About CNFinance Holdings Limited

CNFinance Holdings Limited (NYSE: CNF) ("CNFinance" or the "Company") is a leading home equity loan service provider in China. CNFinance, through its operating subsidiaries in China, conducts business by connecting demands and supplies through collaborating with sales partners and trust companies under the trust lending model, and local channel partners and commercial banks under the commercial bank partnership model. Sales partners and local channel partners are responsible for recommending micro- and small-enterprise ("MSE") owners with financing needs to the Company and the Company introduces eligible borrowers to licensed financial institutions with sufficient funding sources including trust companies and commercial banks who will then conduct their own risk assessments and make credit decisions. The Company's primary target borrower segment is MSE owners who own real properties in Tier 1 and Tier 2 cities and other major cities in China. The Company's risk mitigation mechanism is embedded in the design of its loan products, supported by an integrated online and offline process focusing on risks of both borrowers and collateral and further enhanced by effective post-loan management procedures.

For more information, please contact:

CNFinance
E-mail: ir@cashchina.cn

Mid-to-High-End Market Layout has Achieved Significant Results

HONG KONG, April 26, 2024 /PRNewswire/ -- TCL Electronics Holdings Limited ("TCL Electronics" or the "Company", 01070.HK) today announced its global shipment data for the first quarter of 2024. TCL Electronics actively implements the "Mid-to-high-end + Large-screen" strategy, continuously invests in technology research and development, such as Mini LED, quantum dots ("QLED"), AI, and further optimises its product mix. This has driven a 23.1% year-on-year ("YoY") increase in the shipment of TCL TV of 65 inches and above, and led to a YoY increase of 5.3% in its global shipment of 5.84 million sets in the first quarter of 2024. Of which, shipment in the PRC market recorded 24.0% YoY increase, maintaining strong growth in shipment volume.

The Proportion of Large-Screen TV Shipment Continues to Expand, with Mini LED TV Taking the Leading Position in Sales Volume within the Industry

With the trend of higher demand in high-end and large-screen TVs in the global TV market, TCL Electronics is meeting those varied consumer needs with its dual-brand strategy of "TCL + Falcon", which prioritises high-quality products. The shipment of TCL large-sized and mid-to-high-end TV has achieved stable growth. In the first quarter of 2024, global shipment of 65-inch and above TCL TV rose by 23.1% YoY, while its corresponding proportion increased by 3.4 percentage points to 23.2% YoY. The overall average TV size increased by 2.3 inches YoY, rising to 51.3 inches from 49.0 inches. Meanwhile, in the first quarter of 2024, global shipment of TCL Mini LED TV experienced YoY growth of 82.3%, while shipment of QLED TV saw a significant increase of 58.8% YoY.

TCL TVs are not only favored by consumers, but also highly appraised by broader industry. The Company's new TV products received esteemed honors at the 2024 Appliance & Electronics World Expo (AWE 2024) in China. Via its outstanding picture-quality performance and numerous technological highlights which are in excess of industry limits, TCL LINGYAO QD-Mini LED TV X11H was awarded the AWE Gold Award. Among 100-inch mass-produced TVs, this product is the world's only QD-Mini LED TV with a 10,000-level partition, boasting up to 14,112 local dimming zones and an astonishing peak brightness of 6500 nits. It is also equipped with TCL overall halo control technology and TSR-independent picture chip, delivering sharp and lifelike images, making it the "the pinnacle of picture quality in 2024". Meanwhile, Falcon launched its flagship Mini LED TV product "He7 24"(鹤7 24款) with a 1,000-level partition, and the Falcon New Geek(新极客) Mini LED monitor has been popular with young consumers.

Remarkable Sales Growth in the PRC Market, while Maintaining Sales Leadership in International Markets with Improvement in Product Mix

Benefiting from the "TCL + Falcon" dual-brand strategy, shipment of TCL TV in the PRC market experienced a YoY increase of 24.0% in the first quarter of 2024. Among them, TCL brand and Falcon brand shipments increased by 7.7% and 125.5% YoY, respectively. At the same time, the Company keeps advancing its mid-to-high-end strategy, which further improved its product mix. The shipment of 65-inch and above TCL TV in the PRC market increased by 44.6% YoY, accounting for 51.2% of the Company's shipment in the PRC market, which reflects a 7.3 percentage-point increase YoY. The shipment of 75-inch and above TCL TV in the PRC market saw a YoY increase of 74.9%, accounting for 31.9% of the Company's shipment in the PRC market, which reflects a 9.3 percentage-point increase YoY. The high-end product TCL Mini LED TV continue to lead in retail sales volume in China. According to the data from CMM, the sales volume of TCL Mini LED TV maintained its top one position in the first quarter of 2024.

In international markets, TCL Electronics is pressing ahead with its globalisation strategy. The shipment of TCL TV in the international markets steadily increased and the proportion of large screen TV shipment rose steadily as well. The shipment of 55-inch and above TCL TV increased by 21.2% YoY, accounting for a 6.8 percentage-point increase YoY to 40.1% of the shipment in the international markets in the first quarter of 2024. In European markets, the Company continued to expand its local channel layout, resulting in a 29.8% YoY increase in shipment of TCL brand TV. The Company ranked among the top two in terms of sales volume market share in France, Sweden and Poland, respectively^[1]. In emerging markets, the Company has deepened its channel layout, driving a 4.4% and 44.1% YoY increase in TCL TV shipment in the Latin America and Middle East & Africa regions, respectively. The Company ranked top one for market share in terms of sale volume in Pakistan, top two in Saudi Arabia, top three in Brazil and Argentina^[1]. In the North American markets, TCL TVs maintained a leading position in terms of retail sales volume, ranking in the top two in the U.S^[2] with its market share continuously increasing.

Moving forward, TCL Electronics will keep deepening the layout of "Globalisation" and "Technological", continuously investing in high-end display technology research and development, to better meet the global consumers' demand for intelligent products and services, and strive to become a world-leading smart device enterprise.

Shipment Data for the First Quarter of 2024 (Unaudited)

                           Unit: Set

About TCL Electronics

TCL Electronics Holdings Limited (01070.HK, incorporated in the Cayman Islands with limited liability) was listed on the mainboard of the Hong Kong Stock Exchange in November 1999. It is engaged in display business, innovative business and internet business. TCL Electronics actively transforms and innovates under the strategy of "Value Led by Brand with Global Efficiency in Operations, Driven by Technology and Paramount Vitality". Focusing on the mid-to-high-end markets around the world, the Company strives to consolidate the "Intelligent IoT Ecosystem" strategy and is committed to providing users with an all-scenario smart and healthy life while developing into a world-leading smart technology company. TCL Electronics is part of the Shenzhen-Hong Kong Stock Connect program and is included in the Hang Seng Stock Connect Hong Kong Index, the Hang Seng Composite MidCap & SmallCap Index and the Hang Seng Corporate Sustainability Benchmark Index. Besides, it has received Hang Seng Index's ESG rating of A for many consecutive years since 2018.

For more information, please visit the investor relations web page of TCL Electronics at http://electronics.tcl.com or follow the WeChat Official Page of TCL Electronics investor relations.

incspaces, a leading provider of flexible workspaces, which is part of Inc & Co Group, announced global expansion plans, which will see new locations in key markets across Europe, the USA, Middle East, and Asia.
The decision to refocus the company's efforts on new markets is pivotal, given the UK flexible office market has become saturated with office space providers in recent years.

LONDON, April 26, 2024 /PRNewswire/ -- New sites in Barcelona and Dublin are set to open this quarter, the latter opening next month, and already has 95% pre-let occupancy. Both buildings will become the first of many to be based outside of the UK, strengthening the incspaces footprint in key European markets.

Incspaces Embankment

Jack Mason, Group CEO of Inc & Co, added, "We're investing €1.5M into our two new European buildings, which is the start of a strategic realignment for incspaces, positioning the company to capitalise on new opportunities and build a strong international presence. We are dedicated to supporting our clients' growth and success through flexible, high-quality work environments wherever business takes them."

As part of the incspaces global expansion, the decision was also reached to revitalise its leadership team, bringing on board executives with extensive international expertise to drive growth and ensure a seamless transition into these new markets. Further announcements will be made in the coming months.

The expansion into additional markets will see incspaces not renew its London leases that are due for renewal and instead refocus its efforts on additional sites in Bangkok and Amsterdam, which are already in advanced discussions. The new two locations will benefit from a €1.5M investment into the fit-out before launch.

incspaces also recently launched Infinity Office in the U.K., aimed at start-ups and entrepreneurs who don't want the commitment of an office space but want to drop in casually, have mail redirected and meet or attend events. The new service launched in April and has already seen enormous interest from start-ups in Manchester. 

About incspaces

incspaces is a global office provider with locations throughout the UK, Spain and Ireland. Focusing on unique, collaborative, carbon-neutral spaces, they offer a mix of flexible, dedicated offices, co-working & event spaces that inspire entrepreneurs and business owners to create their best work.

To learn more about incspaces, visit: incspaces.com

GUANGZHOU, China, April 26, 2024 /PRNewswire/ -- In a significant move to facilitate seamless payment experiences for international attendees, the 135^th China Import and Export Fair ("Canton Fair" or "the Fair") has partnered with multiple financial institutions to upgrade its payment systems. This initiative ensures a more inclusive and comprehensive payment environment, accommodating mobile payments, bank cards, and digital yuan among other methods.

The Canton Fair has enhanced its payment facilities to better serve the global merchant community, introducing Self-Service Exchange Machines ("the Exchange Machines") and POS terminals that support international bank cards to simplify the buying experience. Moreover, attendees can now access digital yuan wallets through straightforward procedures at the Exchange Machines, facilitating seamless transactions.

Prominent locations, including Guangzhou Baiyun International Airport and the fairgrounds, now feature "Foreign Visitors Payment International Desk" to simplify transactions for international visitors. These desks assist guests in downloading, registering, and using major Chinese mobile payment platforms like UnionPay QuickPass, Alipay, and WeChat Pay. Additionally, they help with linking international bank cards, such as Visa and Discover Global Network, to enable QR code payments.

In the course of the offline exhibition, the Canton Fair's upgrade in payment convenience was fully experienced by the attendees. Musta, a long-time Jordanian buyer at the Fair, chose to exchange currency at the Exchange Machine. He shared, "inserting my ID and then euros, the machine dispensed cash quickly. It was really straightforward and easy."

From the USA, Steve Neumeyer, General Manager for International Products 90, stated, "the easy-to-use payment methods have greatly improved our experience of participation. The Canton Fair is a window into China's swift progress and a gateway to limitless business prospects."

Triggered by this edition, significant strides have been made to facilitate easier payment methods for international visitors in Guangzhou, not just at the exhibition sites but also in shopping and tourist areas. Before the commencement of the Fair, the city boasted a coverage of more than 90% for international bank card acceptance in key areas, and ATM support for international bank card withdrawals was at a high of 98%. Additionally, a vast network of over 457,000 local merchants had been set up to accept direct electronic wallet payments or to allow the binding of international bank cards with domestic e-wallets, making transactions more convenient.

For more information about the Fair, please register at https://invitation.cantonfair.org.cn/BuyerUser/RegisterUser?MediaType=16.