7 Adding a simplified information flow

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The acquirer institutions listed above are licensed but do not have cross-border settlement capabilities, so they need to entrust a financial institution with a cross-border settlement license to handle cross-border settlement business on their behalf. The cross-border e-commerce platform is only a merchant platform and does not have the qualification to obtain orders, so they need to entrust the purchasing agency to settle and pay their suppliers. The rest of the agreement is clear at first glance, but we do not pay attention to it in daily life. For example, a membership contract will be signed between the user and the e-commerce platform when registering.



Under special circumstances, some powerful institutions, such australia email list as Ant, Tenpai, Lianlian Pay, Konghui, etc., will establish multiple entities, and then use different entities to apply for different licenses (acquisition, banking, foreign exchange, cross-border distribution, etc.), so that on the surface, all of this is run by one company, but the actual contractual relationship is still the same, and various contracts have yet to be signed between different entities. If it is a book-to-book purchasing scenario, it will be much simpler. , it will be even simpler There is no contract for entrusted settlement by the supplier.



Generally speaking, e-commerce platforms cannot open accounts without a license. If an e-commerce platform wants to open an e-commerce account, it can entrust a licensed third-party company to host it (usually the acquirer. applies for a PA and PG license at the same time), in this case, the e-commerce platform and the acquirer will also sign a trust agreement. .9. Minimalist solution for cross-border financing illustrate: This is a typical case of cross-border capital flows. The user pays USD, and the acquirer receives USD, but needs to settle CNI with merchants in China.