We’re excited to announce the launch of our UAE local collection account, designed to help businesses seize opportunities in the Middle East. Since the 2022 Qatar World Cup and with the ongoing Belt and Road Initiative, the Middle East has become an attractive market for global trade and cross-border e-commerce businesses. Among these, […]
Here’s a summary of our latest advancements at SUNRATE for those who may have missed it: We’ve rolled out new physical corporate cards and made significant improvements to our mass payout feature, all aimed at empowering businesses to expand both locally and globally. Product Launch Physical corporate cards: unlocking a new global […]
With over three times the monthly traffic of eBay, the second-largest eCommerce marketplace in the US, Amazon is the biggest online retailer in the country. Sellers may be asking how to sell on Amazon US from Hong Kong as a Hong Kong-based company. Although it may seem beyond reach, selling on Amazon US from […]
In today’s interconnected world, businesses are no longer confined to operating within a single country’s borders. As global trade and e-commerce continue to expand, companies are increasingly engaging in international transactions, known as cross-border payments. These transactions involve multiple parties and are often subject to various rules and regulations, making them complex and challenging to […]
Businesses are increasingly participating in a wide range of foreign exchange (FX) transactions in the modern, globalised economy. Effective management of foreign exchange transactions is crucial for maximising financial performance by hedging against FX volatility derived from export or import businesses. Corporate treasury departments are essential since they supervise the FX transaction execution and […]
Amazon Web Services (AWS) recently announced a major investment of over $5 billion to build a data center cluster in Mexico. This significant commitment underscores the company’s recognition of Mexico’s growing importance in the global market. Additionally, Mexico’s recent surge in the global supply chain transfer process further solidifies its position as a key player […]
Due to ongoing efforts in innovation and technological advancement, SUNRATE has always been committed to providing businesses with a secure and efficient cross-border business payment experience. Since the launch of the “Scheduled Transfer” function by SUNRATE, businesses are able to make payments to their suppliers and conduct fund transfers, hence improving the cross-border business payment […]
Canada, a country known for its vast landscapes, cultural diversity, and strong economic standing, has emerged as a global leader in infrastructure development and innovation. In a recent global ranking by The Economist’s inaugural study, Infrastructure for Good, Canada secured the top spot among 30 countries, underscoring its commitment to social impact, governance, environmental […]
Ensuring Customer Security and Safety: SUNRATE’s Commitment to Compliance-Driven Customer Security At SUNRATE, safeguarding our customers’ interests is not just a priority, it is a commitment embedded into our daily operations. Our highly experienced, professional compliance teams manage a robust, comprehensive compliance framework designed to meet the highest level of compliance in accordance with […]
The Singapore Fintech Festival 2023 (SFF), which was held from 15 to 17 November, attracted and welcomed more than 60,000 attendees. It featured over 800 speakers across more than 300 hours of content, and one of the themes was on “Efficient Payments”. As the sponsor at the Singapore Fintech Festival 2023, the SUNRATE team […]
The Indonesia-China Regional Comprehensive Economic Corridor is a clear example that China has become Indonesia’s largest trading partner and a significant investor in the country, fostering closer economic cooperation and becoming one of Indonesia’s top three foreign investors. The two countries would deepen the integration of industrial chains and supply chains, and jointly promote the […]
As announced in June 2023, SUNRATE is officially launching a new Payments to Visa Cards feature, powered by Visa Direct. SUNRATE can now support payments in more currencies and to more countries/regions, further upgrading its global payments capabilities, and helping businesses meet their cross-border B2B payment needs. In the current era of accelerating economic […]
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