What is the UMF? UMF Evaluation

What is the UMF? UMF Evaluation

Liandong Advantage Technology Co., Ltd. (hereinafter referred to as "Liandong Advantage") is an Internet high-tech enterprise specializing in providing innovative services for financial institutions and industrial upgrading. It was jointly initiated by China Mobile and China UnionPay in 2003 and became a wholly-owned subsidiary of Shenzhen Stock Exchange-listed HaiLian Jinhui in 2016.

About Us

·Uniforex focuses on financial technology, is committed to providing technology empowerment for financial institutions and industrial upgrades, and focuses on building five major business sectors: comprehensive payment, financial information, big data risk control, intelligent marketing and cross-border financial services. Currently, Uniforex has established cooperation with more than 140 financial institutions and more than 3,600 large enterprises, providing financial technology services to nearly one million small and medium-sized enterprises and 530 million individual users.

· Liandongyoushi adheres to the corporate strategy of "global vision, customer orientation, innovation-driven, and win-win value", takes "technology creates customer enjoyment experience" as its mission, strives to build the core capabilities of "platformization, intelligence, chainization, and globalization", and creates a financial technology source innovation ecosystem.

Advantages of UMF Cross-border Payment

1. Foreign exchange compliance and fund security;

2. Mobile payment ranks fourth;

3. Quick RMB withdrawal;

4. The exchange rate is transparent and can be checked in real time;

5. T+0/T+1 settlement;

6. Unsecured financial services.

Rates

Amazon North America, Europe, and Japan: 0.6%

eBay: 0.6%

Wish: 0.4%

Yahoo: 0.8%.

Safety and security

Obtained three authoritative licenses for cross-border foreign currency, cross-border RMB, and payment business licenses;

It is subject to dual supervision by the State Administration of Foreign Exchange and the People's Bank of China.

Corporate Culture

Vision: Technology creates a customer experience that is enjoyable;

Positioning: Professionally provide financial technology innovation services for product upgrades;

Strategy: global vision, customer orientation, innovation-driven, value-added win-win;

Values: Honesty, professionalism, passion, collaboration and win-win.

Development History

-In August 2003, Liandong Advantage Technology Co., Ltd. was formally established.

-In August 2004, we signed an agreement with Minsheng Bank, cooperating with the bank for the first time to launch the "mobile wallet" bank card service nationwide.

-In July 2005, the “Mobile Wallet” communication account payment entered the trial commercial stage.

-In August 2007, the mobile proxy server (MAS) designed and produced by Liandongyoufu passed the test of China Information Security Product Evaluation and Certification Center and obtained the EAL2 certification certificate.

-In March 2007, we signed an agreement with China Mobile and officially became the authorized provider of group information-based full-network operation support services by China Mobile.

-In July 2009, the "Soufu" payment system passed the standard evaluation of the National Information Security Evaluation Center and obtained the "Information System Security Comprehensive Protection Level 1" qualification.

-In September 2010, the daily transaction amount of mobile bank card fund collection business exceeded 100 million yuan for the first time.

-In January 2011, Liandong Advantage E-Commerce Co., Ltd. was established.

-In October 2012, it became one of the first pilot units of Zhongguancun National Trademark Strategy Implementation Demonstration Zone.

-In May 2013, the company participated in the China Hi-Tech Expo as a key enterprise of Zhongguancun Science Park.

-In January 2013, we were selected as a supporting unit of the "National Mobile Internet Application Competition" organized by the China Electronics Society.

-In August 2015, a memorandum of cooperation was signed with Uganda's M-Cash Company.

-In July 2016, Liandong Advantage obtained a new industrial and commercial business license and officially became a wholly-owned subsidiary of HaiLian Jinhui.

-In March 2017, UMF officially launched the new domain name umfintech.com.

-In June 2017, Liandong Advantage (Canada) Co., Ltd. was officially established in Vancouver.

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