A brief introduction to UMPay
Union Mobile Financial Technology Co., Ltd is an Internet based High Tech Enterprise specializing in innovative services for financial institutions and industrial upgrading, which was founded in 2003 by China Mobile and China UnionPay. In 2016, it became a wholly-owned subsidiary of Shen Zhen-listed Hailian Jinhui (002537).
In recent years, UMPAY has focused on five business sectors, namely integrated payment, financial information, big data control, intelligent marketing, and cross-border financial services. At present, UMPAY has established cooperation with more than 140 financial institutions and more than 3,600 large enterprises, providing financial technology services to nearly one million small and medium-sized enterprises and 530 million individual users.
UMPAY can provide the following services to Wish merchants:
- Merchants can pay their ProductBoost and logistics costs
- Merchants can receive payments from selling on Wish
Real-time exchange rate
UMPAY will provide merchants with real-time foreign currency exchange settlement service. Every exchange of merchants' funds, UMPAY through the co-operative bank with the real-time cash purchase price, and no additional currency exchange fees
Convenience
Do not subject to SAFE annual settlement of the total amount of $ 50,000 limit.
Safety
Under the supervision of the People's Bank of China, SAFE and the Hong Kong Customs, to ensure the safety of your funds.
Customer service
Hotline: 400-1125-883 (24*7 Customer Service)
WeChat official account: UMPAY_Global
Email: Globalservice@umfintech. com
Supply chain financial services, Loan Servicer please consult customer manager: 173-1050-7360
How to use UMPAY to receive funds?
- In the Wish Merchant Dashboard payment settings, select "联动优势(UMPAY)", according to the steps click the "registration" button
- You will switch to UMPAY page, please choose to register or log in to UMPAY account according to Your Own Situation
- After successfully registering or logging in, the store will automatically be tied to the registered UMPAY account. UMPAY will generate an account ID for the store as the settlement ID for the store to receive money through UMPAY will automatically switch back to Merchant Dashboard to help you fill in the account ID information.
- At this point, you have completed the wish platform to use the UMPAY settings, after you log on to the UMPAY platform (https://global.umfintech. com), in the "my shop" wish platform, check and manage your wish shop, and set up your final collection of bank cards
- In the UMPAY platform, you can also view and download your wish transaction details online.
If I have already registered an account in the UMPAY platform, how can I switch the UMPAY collection on Wish Merchant Dashboard?
- On the Wish Merchant Dashboard Payment Settings, select "联动优势(UMPAY)" according to the steps click the "registration" button
- You will switch to the UMPAY page, please select "already have UMPAY account, immediately login"
Follow-up operation are detailed in the previous question
If I receive funds through UMPAY, which currency will I receive the funds in?
Our basic service is that: settle your US dollar settlement exchange into RMB settlement into your bank card.
In addition, we can also support the settlement of your U. S. dollars to the settlement of external account
For more information and the latest updates, please visit the UMPAY WeChat official account (UMPAY_Global).
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