Business Introduction

1. Cross-border e-commerce settlement

Fully support the safe and fast settlement of sellers on international e-commerce platforms and cross-border e-commerce independent sites, subverting your payment experience

Advantages:

1. Defining a new level of “security”

Adhering to the compliance gene, Tatu Payment has created a new secondary settlement model to truly achieve a closed loop of safe capital circulation

2. Set a new low and save more

The innovation of the model has brought the rate coefficient to a new low, with the withdrawal rate capped at 0.5% and the online real-time exchange rate with zero exchange loss

3. Fast means less worry

Unified management of multiple platforms, support for real-time withdrawal (no later than two working days), and accelerate capital turnover

2. B2B foreign trade settlement

Open overseas local bank accounts for B2B foreign trade enterprises without leaving home , and easily realize cross-border settlement

1. Real account, available online

TatuPay only opens a real bank account for you. You own the account and the account information such as the name of the account holder is completely yours. You can check the fund changes at any time and conduct online bank reconciliation.

2. Directly connected to banks, safe and compliant

Tatu Payment is directly connected to the bank, and the funds are cleared by the same bank throughout the process, without going through any third-party payment institutions, eliminating potential financial security risks and truly realizing a closed loop of safe capital circulation

3. Extremely fast activation, ultimate experience

TatuPay can open overseas local accounts in 1 day, support payment in multiple mainstream currencies such as US dollars and euros, withdraw cash in 0-2 days, and 0 exchange rate loss, giving you the ultimate payment experience

Fees

Online: Currently, AliExpress is free, and other cross-border e-commerce platforms have a capped fee of 0.5% .

Offline: 10 USD/ transfer, the maximum fee for foreign exchange withdrawal is 0.5%

Advantages

1. Secure secondary settlement model

The secondary settlement model of platform / buyer-bank-seller is directly connected to the bank, without going through a third-party payment institution, and fund settlement is safer

2. Online bank reconciliation

The entire process is operated online , and users can reconcile their account statements online, operate independently, and control funds at any time

3. No loss of exchange rate

Online real-time public exchange rate, you can settle exchange rate at any time and anywhere according to your own advantage of exchange rate changes, truly zero exchange loss

4. Multi-platform and multi-currency payment

Supports online platforms and offline trade, and supports payment in multiple mainstream currencies such as US dollars and Hong Kong dollars

5. Support real-time payment

Both corporate and personal accounts can withdraw cash, and the funds will be credited to your account in real time (within two working days at the latest), accelerating capital turnover

6. The rate is capped at 0.5%

Innovative business model, no intermediary bank fees, cash withdrawal rate capped at 0.5%, and more preferential rates

Founding Team

The founding team of Tatu Payment comes from China's four major state-owned banks. Based on security and efficiency, the innovatively developed Tatu Payment cross-border funds settlement system has strong technical reserves, mature and sound compliance genes, and a high-quality and complete service system. It focuses on providing Chinese cross-border trade companies with safe, efficient, transparent, loss-free, low-fee, and localized cross-border funds settlement services, making cross-border trade simpler and cross-border settlement more reassuring.

Development History

In March 2016 , Shenzhen Tatu Information Technology Co., Ltd. was established. The founding team all came from China's four major state-owned banks. In October , it received angel round financing.

In June 2017 , it moved into the China (Shenzhen) Comprehensive Pilot Zone for Cross-border E-commerce.

In September 2017 , the TatuPay cross-border funds settlement platform was launched, focusing on serving small and medium-sized enterprises in cross-border trade.

Signed contracts with Industrial and Commercial Bank of China and Agricultural Bank of China to establish partnerships.

In November 2017 , it was named " Star Enterprise of ' E -Global' Project" in Shenzhen Comprehensive Pilot Zone.

In June 2018 , it was named "Guangdong Province Key Cross-border E-commerce Service Enterprise" by the Guangdong Provincial Department of Commerce.

In October 2018 , it obtained pre-A round of financing, led by Huaou Venture Capital. It signed contracts with Bank of Shanghai and China Zheshang Bank to establish partnerships.

B2B foreign trade settlement service is launched to serve offline foreign trade companies.

In November 2018 , we signed a contract with Wish , the largest mobile e-commerce platform in North America and Europe , and became Wish's cross-border settlement service provider.

References