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With the increasing number of immigrants and international students, many people are finding ways to transfer funds abroad for investments and purchasing properties, leading to a variety of methods for international fund transfer. However, the best strategy is to utilize legal channels to safely transfer funds. A few years ago, many overseas Chinese were troubled by cross-border remittances, but now there’s no longer any need to worry!
Since its official launch in May 2019, BiyaPay has not only provided remittance services for overseas Chinese to send money back home but has also facilitated cross-border remittances among Chinese people around the world.
What is BiyaPay?
BiyaPay is a global multi-asset trading wallet. It supports real-time exchange rate queries and conversions for over twenty fiat currencies and more than ten digital currencies, providing users with faster, lower-cost, and barrier-free online international remittance services. In just one month, the transaction volume has exceeded 15 million USD. Until December 2022, BiyaPay’s monthly transaction volume has surpassed 60 million USD.
Over four years, BiyaPay has continued to develop and improve, launching cross-border remittance services on various continents, making remittances as easy as sending red envelopes for more and more overseas users, truly achieving the goal of remittances without borders! Now, you can remit money across borders anytime, anywhere without having to queue at banks or pay high fees, and enjoy higher exchange rates and swift transfer services.
In today’s era of increasingly popular online remittances, traditional offline remittance methods are no longer the best choice.
BiyaPay’s strong advantages help us solve the challenges of international remittances:
Supports Multiple Currencies
BiyaPay supports real-time exchange rate queries and conversions for over twenty fiat currencies and more than ten digital currencies. It offers global remittance, online payment, fiat and digital currency exchange, and online deposit and withdrawal financial services.
Fast and Convenient Remittance
Currency exchange and remittance with BiyaPay are conducted online via the APP or website, eliminating the need for face-to-face transactions or bank counter operations, enabling instant transfers globally.
Low Fees
Global remittance fees with BiyaPay are 1%, which is more cost-effective compared to traditional remittance methods like TransferWise (1.5% fee) and Xoom (1.8% fee).
High Security
Global remittances with BiyaPay are completed online, supporting full-process on-chain tracking and multiple compliance qualifications; currently holding the U.S. MSB financial services license, Canadian MSB financial services license, and U.S. SEC RIA license; offering robust KYC authentication and professional and legal offshore accounts. Every remittance with BiyaPay is treated seriously, ensuring users’ peace of mind with every transaction.
No Limit on Amount
Traditional remittance methods like TransferWise and Xoom have limitations and policy restrictions, but BiyaPay’s digital currency to fiat currency conversion is unlimited, enabling immediate transfers.
How to make overseas remittances through the BiyaPay APP?
Considering the language habits and lifestyles of overseas Chinese, BiyaPay also has a 24-hour online professional Chinese customer service team to solve any problems encountered during use.
Over the past four years, BiyaPay has received a lot of praise and support from many overseas friends, increasing its influence and popularity in the overseas Chinese community. With strong support and expectations from users, BiyaPay will continue to grow and expand its remittance reach, connecting different parts of the world and facilitating boundless remittances.
On its fourth anniversary, all BiyaPay staff would like to thank every friend for their love and companionship. In the future, we will continue to progress and provide even higher quality and more user-friendly services! We also hope friends will continue to supervise and offer timely criticism and corrections. May we continue to move forward together and face challenges.