Explanation on the optimization of remittance function (cash withdrawal and telegraphic transfer merger)

Dear BiyaPay users:

We are pleased to announce that BiyaPay’s remittance feature is now available! The new “Remittance” feature integrates the previous “Bank Account” withdrawal of fiat currency and “International Telegraphic Transfer” withdrawal of fiat currency to enhance your user experience .

Note: To use the new “Remittance” function, you need to re-bind your bank account and other information. The previously bound bank account and other information have become invalid.

Compared to previous versions, the new “Remittance” feature has the following advantages:

1. Separate remittance page, simplify remittance (fiat currency withdrawal) process

Previously, withdrawing fiat currency under the functions of “Bank Account” and “International Telegraphic Transfer” required “Flash Exchange” before withdrawal. Now, the new “Remittance” function integrates “Flash Exchange” with “Bank Account” and “International Telegraphic Transfer”. You can complete the withdrawal of fiat currency in one step in the “Remittance” function, greatly simplifying the process and improving efficiency.

2. Diverse remittance options

The new “Remittance” function has added local and cross-border remittance options. You can choose the appropriate remittance method according to your needs, bind the corresponding receiving account, and meet your different usage scenarios.

3. Clear distinction between payee account and payer account

In the previous “Bank Account” function, there was no clear distinction between the payee’s account and the payer’s account, which made management inconvenient. Now, in the new “Remittance” function, you can better manage different bank accounts to ensure clear and controllable fund flow.

4. Payee account can be modified and checked

The previous “bank account” function did not support modifying and checking account info. If there was an error, it could only be deleted and re-bound. Now, you only need to long press the left swipe of the receiving account to modify or check the receiving account info, saving your time and energy.

Introduction and usage process of the remittance function. You can check the following link.

Remittance process: https://cn.biyapay.com/help/96-post-Remittance-function/196-post-How-can-I-s?page=1&type=97&index=0

We believe that these optimizations will significantly enhance your experience and make the remittance process more convenient and efficient. If you have any questions or need assistance, please feel free to contact our Client Server team :

Customer service email: service@biyapay.com

Customer service Telegram: https://t.me/biyapay001

Customer Service Skype: live: .cid.d53ae2872b464237

Telegram Community: https://t.me/biyapay_ch

Thank you for your support of BiyaPay! Wish you a pleasant use .

BiyaPay team

2024.07.04