What is Changyin Wallet (Changan Yinke)? Changyin Wallet (Changan Yinke) Review, Features

Changyin Wallet (Changan Yinke) is a digital wallet for cross-border e-commerce sellers to collect payments, exchange currency and make payments.

About Changyin Wallet (Changan Yinke)

Established in August 2016, Changan Yinke is a state-controlled, foreign-invested, market-oriented commercial factoring company. It provides factoring services for good accounts receivable management and asset management and fund supporting services for bad accounts receivable management. Its subsidiary Changyin Factoring is the first and only factoring company in the country with US dollar financing qualifications, and is only one of the four commercial factoring companies in the country that are allowed to access the credit reporting system of the People's Bank of China. Changan Yinke is positioned as an accounts receivable service provider, specializing in providing flexible and high-value online financing services for small and medium-sized enterprises in industries such as cross-border e-commerce and export trade. It is committed to improving the capital turnover rate of small and medium-sized enterprises and solving the problems of difficulty and high cost of financing for enterprises. As of June 2022, the company has provided more than RMB 4.6 billion in financing to corporate customers.

Changyin Wallet (Changan Yinke) Service Content

• Currency exchange, real-time exchange of institutional exchange rates, predictable amount to be received, enjoy low offshore prices, safety and compliance;
• Connect with high-quality licensed financial institutions to fully guarantee the safety of cross-border payment;
• Unified management of multiple platforms, multiple stores, and multiple currencies, efficient and convenient international payment;
• Access to global local payment networks, with faster efficiency and lower costs.