Philippines – As a key to catalysing e-commerce growth for online sellers, WorldFirst, a one-stop digital payment and financial services platform for cross-border trade SMEs has recently revealed its plan to launch its latest digital finance solutions.
The platform will cater to new southeast Asian markets including Vietnam, Thailand, Philippines, and Malaysia in 2023 and 2024 and is set to provide online sellers with safe, fast, and reliable cross-border payment and financial services.
For this particular project, SMEs can now swiftly open a multi-currency world account to trade globally. In this case, money is deposited into the local collecting account of the sellers, where it will be immediately combined with the available amount.
In addition, said world account provides a single user-friendly portal for sellers to manage their growing operations across countries and marketplaces. Sellers can then have tier stores, e-marketplaces and entities, while customising account statements accordingly for reconciliation.
Clara Shi, CEO at WorldFirst and Vice President at Ant Group, expressed her enthusiasm about this project, stating, “Building on our global fintech capabilities and strong success in China, Singapore and other markets, we are confident our secure and fast cross-border payment and e-commerce enablement services can help small businesses in Southeast Asia extend their international footprint.
Following its success in Chinese and Singaporean markets, WorldFirst will offer a hassle-free one-stop store opening services across global marketplaces. With an expedited process across 28 partner e-commerce platforms, set-up time for the seller goes down to within 24 hours.
Through this, sellers may now find a broad array of value-added professional services through WorldFirst and boost their growth in online advertising, logistics, and website development and management.
