Company Introduction

NetEase is a leading Internet company in China, which was listed on NASDAQ in June 2000. NetEase Payment is a licensed third-party payment platform under NetEase Group , with nearly 10 years of experience in the payment industry, focusing on mobile payment and cross-border collection. The company has the "Payment Business License of the People's Republic of China" and "Cross-border RMB Settlement Business Approval" issued by the People's Bank of China, the "Cross-border Foreign Exchange Payment Business Approval" approved by the State Administration of Foreign Exchange, and the Hong Kong Currency Exchange and Remittance Service License , and has won a number of international authoritative security certifications to fully protect the security of funds.

Platform Introduction

NetEase's payment business is mainly aimed at domestic sellers who rely on overseas platform-based e-commerce and engage in export business. After the platform completes the basic functional requirements, it will launch a series of customized services and value-added services in the third quarter of this year, such as cross-border financing services for sellers, cross-border e-commerce corporate tax refunds, independent station payment services and other services.

Service Introduction

1. Cross-border payment

( 1 ) Advantages

Fund security

Official product of NetEase, brand guarantee, 10 years of payment industry experience

Stable service

Directly connected to Citibank account system, with full domestic and overseas license certification

0 Exchange loss

Can lock the real-time exchange rate of Bank of China, truly achieving zero exchange loss

Withdraw in 1 second

Support instant cash withdrawal via mini program, with the fastest arrival time within 1 second

(2) Support Site

Amazon North America, Amazon Europe

2. VAT payment

(1) Region: Covering five European countries: the United Kingdom, Germany, France, Spain, and Italy

(2) Advantages:

Realize the integrated payment and collection of funds from European stores on the cross-border e-commerce platform to NetEase Cross-border, which is directly used to pay VAT taxes

Free of handling fee for a limited time , no need to withdraw money, no need to exchange money, efficient and worry-free

3. Resource market

4. Open a store with one click

( 1 ) Introduction: Green store opening channels on overseas mainstream e-commerce platforms shorten the review time and significantly increase the success rate of store opening

( 2 ) Support wish , amazon , eaby

5. Mini Programs

New experience of mobile payment, inquiry at any time, withdrawal at any time, instant payment

6. Supplier Payment

The new function of convenient payment and collection eliminates the need for withdrawal and exchange, reduces payment costs and improves operational efficiency.

Usage Process

1. Register a NetEase payment cross-border payment account;

2. Bind the payment account and automatically receive payment;

3. Withdraw funds to domestic banks and receive them in real time.

exchange rate

Development History

In 2009, NetEase Payment was established.

In June 2012, it obtained the Payment Business License issued by the People's Bank of China.

In June 2014, it obtained the Fund Sales Payment and Settlement License issued by the China Securities Regulatory Commission.

In December 2014, it obtained the "Cross-border RMB Business Qualification" issued by the People's Bank of China.

In May 2015, it obtained the Cross-border Foreign Currency Payment License from the State Administration of Foreign Exchange.

In May 2015, we cooperated with Amazon to independently develop a cross-border RMB and foreign exchange system.

In 2016, it became the first member of UnionPay, a member of the China Payment and Clearing Association, and obtained PIC DSS certification.

In 2017, it became a clearing shareholder of China UnionPay.

In 2018, we exported the cross-border payment business on the Amazon platform.

On May 21, 2019, NetEase Payment announced that the "collection and settlement" business of its cross-border payment platform was officially launched.

References

• 1. NetEase payment function upgrade, Amazon Europe site fee reduction for three months! : Sohu [reference date 2019-03-25T16:00:00.000Z]