Cross-border payment platform Wise now supports Chinese users to register and help users receive and pay cross-border payments

XTransfer Showcases Cross-Border Payment Solutions at AsiaWorld-Expo - Fintech Hong Kong

XTransfer participated in the Global Sources Consumer Electronics Show 2025 at AsiaWorld-Expo on April 11, 2025, to present its “Global Business Account” and “Local Currency Account” solutions. These services are designed to provide Hong Kong and global SMEs with faster, safer, and more affordable cross-border payment options via XTransfer cross-border payments. XTransfer’s latest data showed a 300% year-over-year increase in collection volume f…

Wise cross-border payment platform now supports mainland Chinese residents to register and open multi-currency accounts (such as USD, HKD, EUR, GBP) through ID card verification, making cross-border remittance and collection easier. Currently, there is no handling fee for HKD deposits, but RMB recharge is not supported yet. Users need to complete email verification and identity authentication through the designated link before they can use it.