USE PAY: Four Advantages to Maintain Competitiveness

The Hong Kong-based solution provider, USE PAY safeguard the investors' venture from the constantly changing sociopolitical landscape of the payments industry.

We are happy to have USE PAY to have a talk with us on the features of their payment solutions.

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Fazzaco: Thank you for joining Fazzaco. First, could you please tell us more about USE PAY?

USE PAY: USE PAY was founded in Hong Kong in 2016. We currently provide legal, safe, stable and reliable international cross-border payment services to firms from over thirty countries and regions worldwide. At present, we offer direct deposit connection to UnionPay, USDT and direct connection to Southeast Asia.

Fazzaco: Is this the first time for USE PAY to attend a virtual show like BrokersShow? Can you share more details with us about how you have planned for this show?

USE PAY: This is actually our second time to BrokersShow. This time we plan to continue to expand our brand awareness in the APAC region, understand demand, and prepare for more payment methods.

Fazzaco: USE PAY positions itself as a PSP (payment solution provider). Do you have plans to expand your scope of business?

USE PAY: At present we want to make sure our payment services are consistently reliable. On such basis, we could development more payment options to cover more countries and regions where customers could have legal, safe, stable and reliable deposit service.

Fazzaco: Is the demand of Chinese market exuberant?

USE PAY: Demands are diverse, but the demand for UnionPay in Chinese market has been very exuberant.

Fazzaco: The access to Chinese market is, in fact, a separate service nowadays, as many firms are highlighting their access to the market as one of their advantages. So, what are the advantages of USE PAY as a firm dedicated in this market?

USE PAY: We have the following four advantages:

1 - No account-freezing risk during deposit / withdrawal procedures.

2 - All collecting companies are legally licensed overseas.

3 - T+0 for KYC-compatible transactions, and T+1 for the rest.

4 - Withdrawal without service fee in any country / region.

Fazzaco: How do you view the market of Southeast Asia, Vietnam in particular?

USE PAY: The Southeast Asian market has always been very lively. We plan to launch our SEA payment service this week too. As for the Vietnamese market, it is developing very fast, showing massive potential. So we believe that it will be very bullish in the long run.

Fazzaco: Are IBs (introducing brokers) premium clients for payment solution firms like you?

USE PAY: Of course. Many of them might be converted into platform operators. Also, IBs need to make contact with clients as many as possible as a means to understand the actual deposit demands, collect feedback as much as they could to improve. So, it is very necessary for us to make contact with IBs.