What is Chopsticks Pay? Chopsticks Pay Review

Kuaizi Pay is a product of Universal IFX Financial Group. Universal IFX Financial Group was founded in the United States and established a company in Shenzhen in 2018, focusing on the international financial services industry. Kuaizi Pay's business covers overseas e-commerce secure payment collection, export tax rebates, and financial and business regulatory management.

Advantages

1. Complete domestic and foreign certificates : Currently, Kuaizi Payment holds financial payment licenses in Europe, the United States, Hong Kong and other places, is legally compliant, and the team meets the relevant requirements of laws and regulations.

2. Capital turnover is twice as fast : fast withdrawal, arrival in the account on T+1 day, the fastest on T+0 day, timeliness is guaranteed.

3. Receive payments easily in three steps : first register a user account on Kuaishou Pay, then bind your Amazon or eBay store; then bind your domestic bank card for payment.

4. More value-added services : "Kuaizi Pay" also supports export tax rebates, trademark registration, financial compliance, education and training, logistics docking and other services.

cost

The collection fee rate is 0.5%-0.25%, capped at 0.5%. It is simple and safe to collect payments, and you can connect with exclusive customer service. There is no exchange loss or exchange difference. We use the real-time exchange rate of the Bank of China to provide safe and compliant collection services for Chinese cross-border e-commerce sellers.

Safety and security

It has qualifications such as the US MSB financial license, the UK API financial license, and the Hong Kong MSO financial license.

In addition, Chopsticks Pay also has:

FinCen registration;

A license issued by Companies House, the UK's business administration agency;

·License issued by the UK Financial Regulatory Authority FSA.

Founder and corporate vision

The founder of KuaiziPay is Gao Jianhua, who was the president of Bank of China New York Branch, a senior executive of China Merchants Bank and Societe Generale, and the president of Western Union and MoneyGram North Asia. He has nearly 40 years of solid industry experience and rich international remittance experience. He is currently the chairman of Universal IFX Group.

Corporate Vision: To become a leading international financial services company and bring Chinese creations to the world!

FAQ

Q: If I add the Chopsticks Pay account to my Amazon store, will it cause the store to be associated?

A: You can add unlimited Amazon or eBay stores to one Kuaizi Pay account. Funds are collected by the bank and transferred to domestic banks, and then cleared to each customer's bank card, without any association.

Q: Does the real-name authentication information need to be consistent with the information used to register the Amazon account?

A: No, the real-name authentication is the information you use to register for Chopsticks Pay, which is used for domestic cash withdrawals and payments. The Amazon account information is for applying for a US bank account.

Q: I have multiple Amazon accounts. Do I need to register multiple Chopsticks Pay accounts?

A: No, if you have multiple Amazon accounts, you only need to register one Chopsticks Pay account and it will not cause any Amazon store association.

Q: Is the exchange rate for receiving payment real-time?

A: The exchange rate paid by Kuaizi is the spot purchase price at the time of settlement, and there is no exchange loss. Your specific exchange rate will be displayed after the settlement is completed.

Q: Are the Chopsticks payment account and the Chopsticks payment receiving account the same?

A: No, the Chopsticks Payment account is an account registered on the payment platform. The Chopsticks Payment payment account is a US sub-account assigned to you and is used to receive payments.

Development History

-In November 2017, Kuaizi Pay was launched and now has a fairly mature operating model.